President Kennedy signs off on a $900 million public-works bill for projects in economically depressed areas - 1962

The AFL-CIO begins what is to become an unsuccessful campaign for a 35-hour workweek, with the goal of reducing unemployment. Earlier tries by organized labor for 32- or 35-hour weeks also failed - 1962

In an effort to block massive layoffs and end a strike, New York City moves to condemn and seize Fifth Avenue Coach, the largest privately owned bus company in the world - 1962