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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 17, 1992
Page
7
Economists warn the 1990s will bring a leaner, more stable economy with modest growth under 3 percent. Home ownership may weaken as inflation cools, savings gain appeal, debt loses leverage, and a higher premium on skills accompanies automation and offshoring.
Working Woman magazine reports a survey by Eckerd College economist Peter Hammerschmidt of 194 upper level managers. Men earned a mean $80,722 vs $65,258 for women, with $3,740 of the gap explained by eight factors and $11,724 deemed due to gender.
The North American Free Trade Agreement could displace hundreds of thousands of Mexican farm workers and spur greater migration to the United States. Experts warn that job growth may not keep pace with out-migration, and say capital investment and training are needed to soften the impact.
Union leaders and creditors of the Daily News diverged over which buyer to back as a bankruptcy judge nears a decision. Mortimer Zuckerman and Conrad Black pursue the debt ridden paper with offers including creditor payments and a new printing plant, while Silver Screen proposes a $25 million bid with 40 percent worker ownership amid job cuts.
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