Word: sectored
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...past reform legislation: the 1967 law that forbade discrimination in the hiring and firing of people under 65 in private industry because of age, thus penalizing people over 65. Pepper has pushed through the House Education and Labor Committee a bill that would bar forced retirement in the private sector until age 70 and eliminate the mandatory retirement at that age that now applies to all federal employees. A Senate subcommittee headed by New Jersey Democrat Harrison A. Williams is writing similar legislation. President Carter says he supports the retire-ment-at-70 cause in principle, and the enactment...
...Alarms. Teng's comeback-long expected but oft delayed-unfolded in the mysterious, equivocal style that is typical of high-level politics in China. The first signal that his official rehabilitation was forthcoming came early last week when a wall poster suddenly burst into view in the northern sector of Peking. Brushed on a 40-ft. strip of yellow paper, the bold black characters exhorted Chinese to warmly welcome and firmly support Teng's re-appointment to his former posts. During the night, however, the poster vanished, all traces of its message scraped off the wall. Some China...
California was no Camelot, but a growth rate higher than that of either Japan or Israel was making it a new frontier. With 70% of its work force employed in the service sector, California was the world's most advanced industrial state. Kansas City, Mo.'s Midwest Research Institute rated its "quality of life" tops in the nation. Few disputed that conclusion, since annual per capita income ran 18% above the national average. California was the future, and it worked...
...Swiss public banking is no longer quite the hallowed institution it once was. Manufacturers feel that the flow of funds into Switzerland has overvalued the Swiss franc and thus put Swiss textiles, watches and machinery at a disadvantage in export markets. Says Swiss Accountant Max Fluri: "Our banking sector has grown taller than the Swiss Confederation. For some time, it has been bringing the country more harm than good...
...says its top priorities will be 1) a new constitution approved by all the parties, 2) economic and tax reforms,3) measures for regional autonomy and4) administrative reforms, such as decentralization and a streamlined bureaucracy. The U.C.D. favors the present mixed economy (with a sizable public sector), extension of social security benefits to all, and free trade unions...