Word: sectored
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Some economists believe most service companies, including fast-food chains and hotels, will be forced to raise wages over the next few years. Says Abel Feinstein, an economist at the Michigan Employment Security Commission: "There is no shortage of people to fill these service-sector jobs. If you increase wages and improve the working conditions, you won't have a shortage anymore...
...modernization" program. Beijing has abolished the commune system in favor of individual and family farming, and has introduced incentives for high productivity as well as a limited but thriving free market for produce. By contrast, Soviet agriculture is still mostly collectivized, centrally planned and inefficient. It is one sector of Soviet life largely untouched by Gorbachev's perestroika (restructuring...
...last week, it was clear he would not seek a criminal indictment. A few hours later in Sacramento, the Attorney General declared that the result "fully vindicates me" and announced that he would resign by the end of this month or early August to "accept opportunities in the private sector." Meese had not yet read the 830-page report, which will probably not be released before July 15, but in making his announcement he followed the historic dictum of cagey generals engaged in losing battles: declare victory and leave the field. Whether the chief law-enforcement official...
Altshuler has published widely, focusing his work on urban planning and transportation issues, but also touching on industrial policy. In addition, he has experience in the public sector, Altshuler served as Massachusetts Secretary of Transportation from...
...skirt the February ban, the walkout paralyzed manufacturing and transportation throughout the country. Nearly 80% of black service and industrial employees stayed off the job in Johannesburg and other major cities. The Association of Chambers of Commerce estimated the cost of the protest at $250 million nationwide. The sector least affected by the action was South Africa's important mining industry, where less than 10% of black workers put down their tools. Most miners, who live at the mines and are insulated from the political passions of the townships, simply walked to work...