National Affairs: Tale of a City

For almost six years, nearly every man, woman & child who wanted a job had a job. Last week for the first time since the early days of the war, the U.S. had its first real unemployment problems; some 3,000,000 people were out of work. So far it was not an alarming figure. Unemployment was still more a small reminder of grim times of the past than an indication of hard times just around the corner.

But where unemployment clotted, the experience was painful. One such place was Jackson, Mich. Last week 4,500 of Jackson's 40,000 employables were out of work. That...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!