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Show NAM SAYS SKILLED EMPLOYMENT TO REACH ALL-TIME HIGH IN 1955-60 j The number of skilled workers work-ers in Utah's labor force, which increased some 62 Tt in the years 1940-50. will probably increase another 37' ; during this current decade, 1950-60. This should mean more and better bet-ter jobs, and a sounder economic eco-nomic base for the state, according accord-ing to a report released today by the Pacifis Central office of the National Association of Manufacturers. In 1940, the N A M reports, there were 117.000 skilled working people in Utah; this was 71'i of the state's experienced experi-enced labor force. By. 1950, the total number of skilled working work-ing people had climbed to 109.- . I v ( 500, and accounted for 78',' of the labor force. -This represented represent-ed an increase of 62 in 10 years. ; By I960, estimates the N A i M. 260.000 or 86 of the state's 1 experienced labor force will be ;;k lh d working men and women. wom-en. This will be an additional I increase of 37', over the 1940-j 1940-j 50 jump. j The industrial association ad-I ad-I vances the belief that much of j this r se in the number of jobs i 'for skilled working people is ' due to industrial research. Benefits Ben-efits of such progress through research, states the report, include in-clude not only better products and services for the public but higher earning capacity and lcia on-the-job drudgery for the workii 'f man and woman. By i definition the term "skilled" I includes working people who are skilled, semi-skilled, pro- fessional, technical, and operators oper-ators of equipment. I According to the N A M re-! re-! port. $21,900 is the annual average av-erage cost to support the work done by each scientist and en-I en-I gineer engaged in industrial , research. Based on this figure, I it is estimated that industry in j the 1 1 Western states will spend ' more than $2.1 billion for in- dustrial research during the period 1953-1900. About $254,-1 $254,-1 040,000 of this total will be 1 spent in 1955. I The risk capital for industrial indus-trial res-carcti and expansion net ded for general economic growth and personal job security secur-ity will come from individual fajrrly and company saving-;, claims I he N A M. To support j such expansion and to increase the numb'r of jobs available, N A M recently proposde a five- i year lax plan ba ;ed on reduc- lions in the progressive rates rf the current income tax structure struc-ture and various reforms in federal-state revenue sources. The association suggests that its tax program would maintain the nectv-sary revenue base for the federal government and yet ' allow individuals, families and i companies to have the money to ' make the investments necessary for America's economic future. |
