Word: sectored
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...said that the University is attempting to offset the cutbacks by cutting energy costs, and by eliciting increased donations from the private sector...
...private sector is not now donating nearly what the present tax incentives make way for," Rosovsky said, adding that he predicts donations from private institutions will rise sharply in the next few years...
...said that even with the expected increase in donations, "I don't see any way the private sector can match what the government has been paying...
...decades, when Americans sang of the open road and Detroit's big three were going full throttle, Michigan was among the most prosperous states. There are still residues of that auto-mobilized prosperity. Wages in the private sector, led by United Auto Workers' contracts, are the highest in the nation, at an average of $315 a week. State unemployment and workmen's compensation programs have generous eligibility rules. For example, Michigan, unlike other states, does not require disabled workers to accept retraining in another field. Welfare payments to families with dependent children have been cut three times...
Governor William Milliken is seeking to restrain social programs, public sector salaries and the cost to business of unemployment and workers' compensation. For the longer run, Michigan Director of Commerce Norton Berman is pursuing longstanding efforts to diversify the state's economy. Some of his aims involve futuristic technology industries, such as the construction of industrial robots, computer-aided manufacturing and genetic engineering. Berman also hopes to exploit the state's natural resources of wood and water. He claims enthusiastically that Michigan's borders embrace or touch on 20% of the nation's fresh water...