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NEWS
May 2, 1991 | JOHN LAIDLER, SPECIAL TO THE TIMES
Last September, Robert DiGianflice received a jolt when his job as a security guard for a school and office complex was eliminated for cost reasons. But even worse than the initial surprise has been DiGianflice's inability, over the ensuing eight months, to find another job. "There is nothing out there that pays any kind of money," said DiGianflice as he waited to collect his unemployment check at a state jobs office. In fact, he said, the only jobs are temporary, low-paying ones.
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NEWS
May 2, 1991 | JOHN LAIDLER, SPECIAL TO THE TIMES
Last September, Robert DiGianflice received a jolt when his job as a security guard for a school and office complex was eliminated for cost reasons. But even worse than the initial surprise has been DiGianflice's inability, over the ensuing eight months, to find another job. "There is nothing out there that pays any kind of money," said DiGianflice as he waited to collect his unemployment check at a state jobs office. In fact, he said, the only jobs are temporary, low-paying ones.
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BUSINESS
January 8, 1991 | KATHY M. KRISTOF, TIMES STAFF WRITER
Local unemployment rates are soaring and housing prices are sliding, but many Californians steadfastly maintain that "this is no New England." But are they overly optimistic? Is California primed for a Texas- or New England-style real estate disaster, where housing prices fell fast enough to endanger a large segment of the financial system and led to a collapse of a major bank like Bank of New England? Not likely, many economists say.
BUSINESS
January 8, 1991 | KATHY M. KRISTOF, TIMES STAFF WRITER
Local unemployment rates are soaring and housing prices are sliding, but many Californians steadfastly maintain that "this is no New England." But are they overly optimistic? Is California primed for a Texas- or New England-style real estate disaster, where housing prices fell fast enough to endanger a large segment of the financial system and led to a collapse of a major bank like Bank of New England? Not likely, many economists say.
BUSINESS
November 25, 1990 | PAUL R. KRUGMAN, PAUL R. KRUGMAN is professor of economics at Massachusetts Institute of Technology.
Remember Michael S. Dukakis? It is hard to believe that for a substantial period in 1988 he was actually the front-runner in the presidential race and that despite a notably incompetent campaign, he still did respectably in the election. In the months after the election, Dukakis became a much-hated man, as the vaunted Massachusetts Miracle collapsed. Meanwhile, President Bush soared to unprecedented popularity. Yet in many ways Bush and Dukakis are similar figures.
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