White collar rise, blue-collar fall in service economy trend
AP analysis notes a shift in employment with more workers in service industries and governmental and professional fields while goods production declines. The July figures show 68 million employed, 110000 more than June, and about four million unemployed, with shifts driven by efficiency and demand for services amid cyclical manufacturing weakness.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Wem
Jue
Labor Department
Rise in Service Spending Boosts Personal Budgets
Americans spend more of their higher incomes on services, but part of the gain is illusory. Handled figures show services claiming 31.1 percent of the consumer dollar in 1947 and 39.1 percent in 1959, highlighting the shift in expenditure composition.
Goldwater Attacks New Wage Bill in Senate
Sen. Barry Goldwater argues the proposed minimum wage bill would raise unemployment by about 500,000 within three to four months. He contends that increasing wages artificially will reduce hiring. The Kennedy bill would raise the current $1.00 hourly minimum to $1.25 by 1963 in three steps and extend coverage to five million more workers.
MENTIONED IN THIS ARTICLE
Washington
Barry Goldwater
R-Ariz
John F. Kennedy
D-Mass
Goldwater
Senate
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Corda Jones
Nebraska
Jones
Ottumwa
Iowa
Missouri River
Ck Middletown
Seventeen Magazine
Manchester
Paula Michell
Nancy Sixt
Madelion Rosenberg
Joyce Lowe
Corky Grunner
Janey Richardson
Penny Kiley
Mary Hyde
Joyce Gaston
Betty Wilson
Susan Kershner
Penny Stamper
Janice Hagins
Marlene Appie
Anne Hudson
Sherry Lovelace
Mardie Crowe
Mary Kaye Augspurger
Connie Tewart
Dee Ferguson
Marybelle Figley
McAlpin
Middletown
Betsy O'Neil
Shaddock
Chuck Roast
Germantown Rd
Kay Corinth
New Yor
Seventeen
Corinth
Tobe-Coburn School
Oklahoma City University
Menoager
William Skinner and Sons
Fashion Reports
Tube & Associates
Charlie Reeder
WPFB
Dotti Toerner
the McAlpin Company
Dotti
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