THE ECONOMY: More Than More?

Few words glower more darkly out of the memory of the Depression than unemployment (24.9% of the working force at the 1933 depth). Yet when the Air Force canceled its $500 million Navaho missile project last month, and Los Angeles' North American Aviation Inc. direly proclaimed that it would have to lay off 15,600 men, this is what happened:

> North American reconsidered its needs, said it would let go not 15,600 men but 7,300, with perhaps another 4,700 to be laid off by the end of the year.

> Twenty private employers—mostly...

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