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Show The Enterprise Review , December 1, 1976 Pane 7b 1 Change in Work Force Construction Could Have Permanent Effects Underway Next year, if current trends continue, more than half of all American families will contain two or more income earners. According to Herber Runyon, economist with the Federal Reserve Bank of San Francisco, can society no longer maintain the stereotype of a strict division between the husband-fathe- r as sole breadwinner and the as the keeper of the house and hearth. Instead, we are seeing more and more, the mutual sharing of income-earnin- g wife-moth- er and household the period has been among married women, Runyon wrote. Thus working wives account for about 59 percent of all women in the labor force today. In 1950 that figure was less than 41 percent. The number of working women with young children (under 6 years old) has more than tripled since 1950, Runyon wrote, accounting for one of the fastest-growin- g segments of the educational system: nursery schools and childcare centers. Would Not Return duties, Flocking to Labor Market In recent years in particular, wives have flocked to the labor market partly because of career choice, partly because of desire to buy budget items, but perhaps mostly because of the severe impact of inflation on husbands earnings, he continued. The number of women in the work force has doubled in the past 25 years, while the number of men workers has increased by only Over of the female work force during big-tick- et one-fourt- h. two-thir- ds Besides educational affecting the system, the changing labor force may also be changing society. According to Jinnah Kelson of The Phoenix Center, Salt Lake City, many women who were forced into the labor market by inflation would not return to their housewife occupations if the economy got better, or their husbands compensation began to rise as fast as the rate of inflation. They need to work because they have found an identity separate from that of being a housewife. Many housewives suffer from severe isoladay tion, Kelson continued. to- Beware of Fraud White collar frauds are gaining momentum in Utah, according to sources of the Utah Bankers Association. And this month has been entirely illegal for avoiding taxes on personal income. An individual may be charged with income tax declared Another fraud which strikes small businesses is the loan feasability study. A company offers to find money for a business, after doing a feasability study on the loan. The fee charged for the feasability study may range up to $1,000. The usually study camcs back negative on the Anti-Frau- d in Utah by the Month Association in an effort to warn citizens of the numb-erou- s schemes of bunco artists. The "pure equity trust fraud is becoming more common in Utah, according to members of the fraud squad in the Utah Attorney General's office. This fraud crops up most often during income tax filing time. A company will claim it can legally show a person how to avoid paying income taxes by putting all his money in a pure equity trust. For a fee, the company will send the individual educational materials so that he can form his own pure equity The companys fee varies from $200 to $2000 according to a persons net w'orth. Some companies will even tell their clients that or family trust. avoiding income taxes through a pure equity trust has been a secret of the federal government for over a hundred years, and that a conspiracy exists between the federal government, attorneys, and accountants to keep it from the public. The pure equity trust is evasion. so-call- disease." who conducts Kelson, assertiveness-trainin- work- g shops for women, said a recent study published in the September issue of Psychology Today concluded that the women who are happy staying at home are those whose husbands supply them with enough money to occupy themselves Runyon wrote in a recent Business & Financial Newsletter published by the Bank. "Society today does not have the support system for women that existed in an agrarian society. And isolation in the home is driving many women crazy. That is why depression is a female Trammell Crow Co. is building a center, offices and warehouse space for Beehive International. AKA-Utaand Brigham Engineering. Located in the Salt Lake International Center, near the airport, the $300,000 center is scheduled for an early 1977 completion date. 20,400-square-foot-servi- ce h. GRAPHIC CONCEPTS INC. go about graphic & advertising design the same wav you go about making your We business Slowly, carefully refining every detail Chipping away at the rough edges until things start coming to life. fake pride in this And we ability 404 W. 400 So.. S.L.C . Utah 1 Phone (801) 359-219- the outside home, joining clubs or participating in sports. Women who have to work for economic reasons do not want to stay home, she said. My experience tells me the majority of the wives in the labor force are really divorced women who are heads of households, KelOne of the son said. biggest myths going today is that women are not heads of households. They are. now offers its rural setting two additional days each week. Enjoy French cuisine The majority of working women work because they have to, she said. It may be an emotional have to, but that is every bit as severe as Wednesday through Saturday Brunch on Sunday an . economic one, she added. She concluded, I think the inflation which drove and a Basque style dinner Sunday evenings women into the labor force will have a lasting social Women have learned to enjoy the satisfactions of working." impact. Phone he doesnt have quite everything. 942-175- 1 for reservations. . . ed loan.- Actually, no feasability - study has been done at all. The report is only duplicate of other studies in the com- 'Si i. panys file. Citizens are also warned to be suspicious of unknown stock and franchise deals, and individuals who want cash in advance for selling real estate. When purchasing real estate, a person should make sure the title is transferred, and the warranty deed is properly filed. There have been several instances in Utah, where real estate has been sold twice, and the second buyer has been cheated, according to members of the Attorney Generals office. The Utah Bankers Association warns all Utah citizens to be wary of deals which sound too good to be true, especially when they require cash in advance. asil'sart antiques . authentic antiquities dating 1200 b.c. to 1200 a.d. . gifts . antiquities from $18 to $95 (pictured) 515 e. 3rd so. 355-101- 1 ' V |