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Abstract

[Excerpt] A majority of the 154,532 steelworkers who are presently laid off will never go back to work. They will be shut out of the steel industry because the steel companies have a new game plan. They plan to increase profits in such a way that they will not need to employ many steelworkers. In an effort to raise the price of steel and reduce labor costs, the steel companies will continue to cut down steel capacity, shut down old mills and departments and introduce labor-displacing technology. Unless public pressure forces the government to step in and change this game plan, the steel industry, steelworkers, and steel communities will never be the same—even with an upturn in the economy.

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