University Daily Kansan
Friday, October 12, 1979
2
Tight job market expected
By TED LICKTEIG
Staff Renorter
May graduates can expect a tight job market next spring because of the current recession's effects on the economy. Ronald Lipsky, professor of economics, said yesterday.
Olsen said there would fewer jobs available because there usually was less expansion in business and industry during a recession.
In addition to affecting May graduates, the recession also is expected to affect students still in school, according to Darwin University's Economic Research for Economic and Business Research.
"It will be tougher to find a part-time job. Summer construction jobs will be very difficult to find. And students will have less money to buy their pizza and beer." Diachoff
HE SAID LESS money would be available because of the high interest rates imposed by the Federal Reserve Board. The most expensive rate was 12.5%. Fees raised its discount rate to 12 percent.
The discount rate is the amount of interest the Fed charges on loans to member banks.
an all-time high, just 19 days after it was raised to the new record of 11 percent.
Earlier this week, Vernon Geissler, director of the University Placement Center at the university he was confident that students would have an unemployment rate that is expected to be more than 3 percent later this year. He had warned that students in job choice and location should find jobs.
Wayne Angell, professor of economics at the University of Michigan, received the Federal Reserve Board in Washington City. Ms. said the recession's effect on students would be lessened because they were insulated by a stronger economy.
However, he said, parents would feel the effects.
effects.
"There will be about a three-month period where credit will be very tight," he said.
Olsen said the Federal Reserve's policy of high interest rates as a tool against inflation would "shut down the housing industry."
and it would not cut the high cost of one of the main causes of inflation: foreign oil.
BUT HE SAID, as the value of the dollar for foreign exchange markets, American property in overseas markets, which, in turn, will help stabilize the country's balance of trade.
He said a recent Gallup poll showed Americans favored wage-price controls.
But Olsen said it was very difficult to predict what was going to happen in the economy.
But Daicoff disagreed. "People are willing to trade a little free enterprise for security."
One alternative that some people advocate is a return to mandatory wage-prec controls, which, Olsen said, will only delay the problem of skyrocketing inflation, he
I imagine all of the forecasters are changing their numbers now. Right now, we don't know how many people are unemployed. We don't know what they were last month."
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The clearinghouse, which is housed in the community building, 115 West 11th St. (920) 368-7340. Anne Moore, PTA volunteer, said, Many the clearinghouse volunteers work a day.
Kevin is 4 years old.
By ROSEMARY INTFEN
When he entered pre-school he was given an audio test and possible hearing defects were detected. His parents were told to take him to a hearing specialist.
By ROSEMARY INTFEN
Staff Reporter
in is 4 years old
Months later after undergoing treatment, Kevin's problems have diminished and he can enter kindergarten with a normal hearing ability.
Center, provides communities with money to invest in health care programs.
The ROR program, run by the community health department at the Med
Kevin's hearing problems were detected early through a special screening program that University of Kansas Medical Center's University of Kansas Medical Grant Program.
Initiated in 1971, ROR grants have been invested in health services to the elderly and children. Training for parenting, voluntary clinics for mental health in rural areas, and expanded training programs.
GRANTS OF UP to $500 are given to four or five community agencies annually, Wynona Hartley, program director, said.
In 1973, a $250 grant from ROR was given to the Lawrence PTA to start a
"ROR gave us a starter grant and it helped so much in getting the program going." Moore said.
The program is funded through private donations, federal grants and qon'tributions from volunteer action organizations.
SHE SAID the program hoped to attract more KU students this year.
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Moore said that the PTA program had not grown much since its inception, but that it had become "well-established."
Most ROR grants, however, are distributed to Kansas City area agencies, Swank said.
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