Magazine content is available exclusively for TIME subscribers.The Economy: Peace, It's Wonderful
Except for an irritating slowdown on missile-site construction, John Kennedy's New Frontier has been relatively free of labor trouble in its first six months. Last week Labor Secretary Arthur Goldberg reported that "in the first six months of 1961, the U.S. enjoyed its greatest period of industrial peace since the end of World War II." The number of workers involved in strikes was a postwar low of 621,000 (out of an employed work force of 60 million); time lost because of strikes was 6,720,000 man-days, or only one-tenth of 1% of all...
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