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Economy: Unempl., Stock Market, Urban Migrants #118038

ABC Evening News for Friday, Sep 02, 1988
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(Studio: Barry Serafin) Unempl. figure for month given. Report introduced.

(DC: Ann Compton) Reasons for rise in unempl. featured; details given, scenes shown. Stk. Mkt. Report [Vice President George BUSH - comments on unempl. figs.] [Michael Dukakis campaign manager Susan ESTRICH - says economy is getting worse, not better.]

(Studio: Barry Serafin) Report introduced.

(Fairfax, Virginia: Kathleen DeLaski) Story about workers in Washington, DC area who live in cars and camps to avoid high cost of housing featured; details given, scenes shown of worker Rodney Holman, who lives in Racine, Ohio, and commutes to work near DC. [HOLMAN - talks about leaving family behind so he can pay bills.] Problem of finding moderate housing in suburbs of booming cities detailed; scenes shown from Fairfax. [Worker Bob FRENZEL - explains why he took family with him.] [Wife Loretta FRENZEL - talks about tent living.] System of "park-hopping" explained. [Econ. Policy Institution Jeff FAUX - says this will grow without more moderate housing.] [MAN - says he won't put kids in a shelter.] Efforts by workers to make enough money to afford housing by winter detailed.

Reporter(s):
Compton, Ann;
DeLaski, Kathleen;
Serafin, Barry
Duration:
00:05:20

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