Aviation Industry is 1958: Employment

Employment declined from the high of 909,000 registered in April 1957 to 752,400 on June 30, 1958. As of Dec. 1, 1958, the figure was estimated to be about 750,000. This is expected to be the minimum for the immediate future. As some of the present research and development programs advance towards production, some increase in employment might occur in 1959. However, this trend might be reversed if the large budget deficit influences government officials to try again to trim military expenditures.

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