Signs Of Unemployment Leveling Off In 1958
The Federal Reserve Board reports signs of leveling off in unemployment with a slight drop in those jobless for four weeks or less since February. The April rate rose for the fifth straight month, to 7.42 percent of the labor force, with May figures due next week.
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Washington
Federal Reserve Board
April 1958 Jobs Report Shows Slower Hiring Across Sectors
The release notes non farm employment rose modestly yet remained below postwar peaks. Manufacturing layoffs and construction cutbacks, especially among women, pushed total payrolls down from 1957 highs as the labor force grew by about a million over the year.
MENTIONED IN THIS ARTICLE
Pew
Telegraph Operator Recall Armistice Moment in 1914
Gladys Mickels, a railroad telegrapher for 40 years, recalls her biggest thrill flashing the Armistice signal on November 1 1914. She recently retired in Salt Lake City.
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Salt Lake City
Gladys Mickels
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