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World At A Glance Highlights Labor and Industry Trends
United States unemployment tops ten million as summer arrives, with AFL estimates and General Johnson urging job expansion despite scarce business. Utilities unions gain ground under pressure, while Morgan-backed firms resist. Morgan yacht Corcair sits idle amid layoffs. Steamship lines revive losses with Sunday excursions and long tours drawing crowds. Berlin and Nazi control of information contrasted with American press influence. Bond recoveries hint at business strength but caution on peaks. Hawaiian airmail bids cover a 333 mile route not crossing the mainland, and price cutting by Weirton Steel triggers a renewed steel war despite NRA codes.
MENTIONED IN THIS ARTICLE
Leslie Eichel
New York
United States
American Federation of Labor
Hugh Johnson
United States Steel Corporation
Weirton Steel Company
NRA
Weirton
Great Lakes Steel Corporation