Word: sectored
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Though signs are beginning to mount that the 18-month-old slump is at last starting to draw to a close, no sector of the economy can yet be sure of a sustained recovery; in the case of steel, the outlook is bleakest of all. More than almost any other part of Smokestack America, steelmaking finds itself struggling to survive not just the current downturn but a whole host of other, longer-lasting problems. These range from the lofty, uncompetitive wages of the unionized employees, to the antiquated state of many of the mills and fabricating plants, to the relentless...
Universities increasingly count on the corporate world to absorb the glut of Ph.D.s. Such universities as Harvard, Pennsylvania, Stanford, Virginia, Texas and U.C.L.A. have set up programs to retool humanities Ph.D.s for jobs in the business sector. Says Ed Escobedo, director of career planning at Stanford: "Humanists can do just about anything. They possess writing abilities, administrative abilities and the ability to work with values." Since 1978, New York University has been conducting summer crash courses in accounting, finance, economics and marketing for scholars from all over the country. Of the 271 graduates, nearly all have got jobs...
Those factory closings--and their dire costs in human suffering and economic productivity--have, however, sparked a boom in one sector of the economy: Economists have been churning out new explanations for America's "deindustrialization" and prescribing solutions to it about as fast as companies have been laying off workers. With The Deindustrialization of America, Boston College's Barry Bluestone and MIT's Bennett Karrison add to this growing literature, which includes everything from Lester Thurow's baleful Zero-Sum Society to the corporatist musings of Felix Rohatyn in the New York Review of Books to Ezra Vogel's jealous...
...five times in the last year for things like false arrest, neglect of duty, and brutality. As a punishment, admitted the police, Alvarez was assigned to a low-income Black neighborhood. On the night he killed Johnson, they added. Alvarez had violated police rules by leaving his assigned patrol sector and going to the arcade...
...Warner Amex Cable Communications, Inc., one of the country's largest cable companies, which has 147 cable systems in 27 states. It is jointly owned by Warner Communications, Inc., and American Express Co. Said Lewis: "It is an appropriate time for me to return to the private sector. I have no political ambitions." Lewis' new job is likely to challenge all his administrative skills. Analysts believe that the company's prospects remain good, but the unexpectedly high cost of installing cable systems in its urban franchises have cut into revenues. Losses totaled nearly $20 million last year...