Unemployment Funds Face Collapse Under UI Strain
The unemployment Insurance system risks going broke as 9 states and Puerto Rico ex haust funds and a Labor Department study projects 30 states will borrow federal money by next year. About 20 million Americans may be jobless at some point this year with 14 million receiving UI benefits, while employer taxes fund most payments.
MENTIONED IN THIS ARTICLE
Puerto Rico
Labor Department
Congress
Michigan
Harvard
Martin Feldstein
Feldstein
Unemployment Insurance Service and
Organized Labor
Public Research Institute
Arlington
Critics rap U.S. (Part 2084) by John Cunniff
Critics discuss labor force participation myths and seasonal adjustments. Shiskin notes disagreement between the establishment and household surveys, with calls for new measures and possible revisions. Some observers, like Sindlinger & Co., argue unemployment is understated by over a million under current definitions.
MENTIONED IN THIS ARTICLE
U.S
John Cunniff
Shiskin
Bureau
Gordon
Sindlinger & Co
Bureaucratic bungling at the Federal Election Commission
A seasoned critique details rapid FEC expansion on a $35 million budget, hiring 127 bureaucrats at $17 463 average, producing premature disclosure forms before regulations. It notes nine discrepancies between proposed rules and campaign law and warns of a $100 per person cap loophole for group expenditures. The piece also cites Ford administration tensions over gas price deregulation and budget cuts.
MENTIONED IN THIS ARTICLE
Federal Register
House Administration Committee
Commission
Mike Douglas rise from Navy recruit to TV star wife and family
Jim Bishop recalls Mike Dowd changing his name to Michael Douglas after a Navy service and a Cleveland Channel 3 start in 1961. He becomes a TV host with a $400 weekly contract at Westinghouse, married to Gen, with daughters Michele Christine and later Kelly. The family settles in Fort Lauderdale with plans for retirement and grandchildren.
MENTIONED IN THIS ARTICLE
Norman
Oklahoma
Mike
Mr. Parnell
Mike Dowd
Dowd
Kay Kayser
Mike Todd
Kayser
Michael Douglas
Mike Douglas
Gen
Michele
Christine
Kelly
Westinghouse
Channel 3
Cleveland
Fraser
Bonaventure Country Club
Fort Lauderdale
Florida
Also Mentioned on This Page
U.S. Treasury
NEW York
Julius Shiskin
Bureau of Labor Statistics
Gordon Committee
Robert A. Gordon
University of California-Berkeley
Alfred Teller
Teller
Census Bureau
Georgetown University
Jaurig Wojcarien
Auresy
the Eaton
OWE AE
Harriet
Roger
Nie Jere
Llose
Ington
Ngee Ieee
By Jack Anderson
Washington
Federal Election Commission
House
Bob Owens
Ford
Harry Truman
White House
Pentagon
Capitol Hill
House Commerce
Harley Staggess
O-W.va
Belly
Republican Conference
Carl Curtis
R-Neb
Republican
John Tower
R-Tex
Santa
Michael Dowd
Genevieve Parnell
Genevieve
St. Bernardine’s Church
West Park
Illinois
Oklahoma City
Parnells
Young Dowd
U.S. Navy
Sor Kenton Records
Jim Bishop
Navy
Los Angeles
Woody Fraser
Westinghouse Broadcasting
Douglas
Paul Boynavich
Paul
Debbie
Cindy
Paul Michael
Stephan