What was true in 1955 is even more true tooay, to say nothing of the future. According to the Civil Service 2000 report: Just as there is not really a unitary Federal work force, but rather a collection of Federal agencies, there is not really a national labor market, but a collection of local ones.
CHIPS UID stands for Clearing House Interbank Payments System Universal Identifier. This is just a fancy name for an electronic clearinghouse database system, which facilitates the transfer of funds from both individual consumers and institutions.
Linguistically, 'chips' is the British English equivalent of the American English 'French fries', deep fried sticks of potato, eaten hot. . Similary, 'chips' is used in American English to refer to what British English calls 'crisps', salty thin slices of fried potato, eaten cold.