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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 24, 1975

Page

3

Underemployment Rate Hits College Graduates

The article follows Stephenson, a biology bachelor driving a cab, as a case study in college graduates facing underemployment in the 1980s. It cites Bureau of Labor Statistics projections of 140,000 yearly surplus graduates 1980–85, with many working in jobs below their training and high unemployment not fully reflecting the trend. It notes broader hiring cuts, and reports that many graduates accept roles far below their degrees, signaling a future risk to educated workers.

G.G. Labelle Associated Press Stephens Bureau of Labor Statistics BLS College Placement Council Endicott Labor Statistics Bureau Saeetatea Jon Sargent Jim Stephens

Behrends & Co. hires Leo Heer as vice president in High Point

Leo Heer, former Southern Furniture Market Center general manager and NC General Assembly member, joins Behrends & Co. as vice president. Heer, a key figure in elevating the Southern Market to international stature, earned the 1973 James T. Ryan Award. He serves on the Market Center executive committee and will continue political campaigns and public service in Guilford County.

Leo Heer Southern Furniture Market Center North Carolina General Assembly Behrends & Co High Point Heer James T. Ryan Southern Furniture Manufacturers Assn Guilford County Frances Louisville W. Farriss St

Trade Winds Securities Men Fearful Over Federal Deficits

New York traders warn that a ballooning 1975 76 deficit and a rising money supply will strain securities firms and markets. They anticipate large Treasury borrowing, higher short term rates, more individual investor participation, and Fed balance sheet pressure, reflecting prior market fallout.

New York Treasury Federal Reserve Treasury Department

Stock Market Upturn After Four Losses

The stock market rose sharply Friday following four straight declines. The Dow Jones average fell 20.88 for the week, closing at 804.76, while the Associated Press average of 60 stocks dropped 5.6 to end at 253.4.

Dow Jones Associated Press

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