The Michigan Daily
Vol. XCI, No. 5-S
Ann Arbor, Michigan-Tuesday, May 12, 1981
Sixteen Pages
France
begins rock
transition
to Socialism
AP Photo
Marley dies
Reggae star Bob Marley, shown here in a recent concert, died yesterday at a
Miami hospital of brain cancer. Marley, leader of the band, Bob Marley and
the Wailers, was 36. See story, Page 7.
nn rborjob
market bleak
From AP and UPI
Uncertainty about France's future
under a Socialist president caused the
French stock market and franc to fall
sharply yesterday and Western leaders
to react cautiously to-Sunday's election
victory of Francois Mitterrand.
Just a day after Mitterrand ousted
Valery Giscard d-Estaing in presiden-
tial elections, the focus of French
politics was already switching to the.
upcoming vote for a new National
Assembly, expected near the end of
June.
THE CENTER-right opposition
began plotting a strategy to thwart Mit-
terrand's attempts to form a left-
dominated parliamentary coalition,
which may include Communists for the
first time since 1947.
The Communist Party supported Mit-
terrand in the presidential election and
he is certain to need their help in
wresting control of the National
Assembly and the Senate away from
France's center-right parties.
"I have many things to do," Mit-
terrand said, emerging briefly from a
day of talks with close advisers at his
apartment on Paris' Left Bank.
THE ELECTION Sunday of Mit-
terrand, whose campaign called for the
nationalization of nine firms and in-
dustries, including banks, was greeted
with fear by France's financial com-
munity.
Meanwhile, Western leaders
cautiously began to react to Mit-
terrand's election. President Reagan,
in a carefully worded congratulatory
telegram, told Mitterrand: "Together
we face serious challenges to the
security and well-being of our peoples
and to the cause of peaceful progress
worldwide."
"I AM CONFIDENT that the cen-
turies-old tradition of Franco-
American friendship, together with the
democratic values our two nations
deeply share, will enable us to meet
these challenges and preserve the spirit
of Western cooperation on which the
constructive future of the world in-
creasingly depends." .
Reagan also told Mitterrand he looks
forward "to working closely with you
and to the pleasure of meeting you in
person." They are expected to get
acquainted at the seven-nation
Economic Summit in Ottowa in mid-
July.
A senior administration official held
out the possibility that the socialist's
victory could improve U.S. relations
with France.
"We wouldn't anticipate any short-
range changes," the official said. "It is
anticipated that . . . our relations will
continue to develop with France."
HE SOUGHT to play down the
likelihood of Communist participation
in a new French government and
stressed that Mitterrand's election
could improve the sometimes rocky
relationship successive U.S. ad-
ministrations have had with France.
On many foreign policy issues, Mit-
terrand's positions more closely
parallel those of the United States than
did those of defeated-President Valery
Giscard d'Estaing, himself a staunch
U.S. ally during the past six months.
Mitterrand has been a stronger sup-
porter than his defeated rival of the
Camp David process, the centerpiece of
the United States' efforts in the Middle
East.
The greatest differences between
MVtterrand and Reagan appear to be
over economic policy. The French
president-elect has advocated the
nationalization of the remaining 25 per-
cent of private French banking, and
nationalizing the insurance business
and several key industries.
By JENNY MILLER
The Ann Arbor summer job market
was summed up by Dental School
graduate student Julie Martinson in
two words: "I'm desperate."
This summer's job market looks to be
even worse than last summer's, which
was described then by both students
and job placement experts as bleak.
"THE NUMBER OF JOBS available
is down," confirmed Nancy Longmate,
coordinator of the University's Student
Temporary Employment Office.
"There's lots of people out there hun-
ting for positions," and not only stud-
ents, she said.
Deborah Thompson, an LSA fresh-
man, is all too familiar with the current
job market. "Every place I go to says
'no,' they're not taking applications,"
she said. "It's frustrating. My entire
house (six people) is looking."
Many students sound discouraged
when asked about their search for jobs.
Standing in front of the job listings
board in the Student Activities
Building, Residential College
sophomore. Victoria Thomas said, "I
come here every day. I don't feel I even
have any advantage over high school
students" when looking for a job.
Thomas said she's been looking since
well before classes ended last month.
UNFORTUNATELY, most Ann Ar-
bor businesses are simply unable to ac-
comodate the influx of summer job
seekers.
The majority of local businesses slow
down for the summer. Instead of
opening new positions, employers are
forced to lay off or reduce hours of their
current staffs. "Most of our employees
now want to work more hours than we
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