× The Vanderbilt Television News Archive is currently closed to in-person research. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy: Unemployment Rate / Bush / Recession and Recovery #142398

ABC Evening News for Thursday, Jul 02, 1992
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Peter Jennings) Labor Department figures on the rise in unemployment and the reactive lowering of the discount and prime rates cited.

(White House: Brit Hume) Reaction of President Bush to the unexpected rise in unemployment featured. [BUSH - comments on the economy; blames the media for negative economic news.] Layoff announcements from Aetna, Hughes Aircraft and Alcoa noted. [Governor Bill CLINTON - says the United States is out of step.]

(Studio: Peter Jennings) Passage in Congress of a bill to extend unemployment benefits mentioned.

(New York: Bob Jamieson) The slow nature of the recovery from recession examined. [Two Hughes Aircraft WORKERS, USC Morton SHAPIRO, Midwest CONSUMER - worry about the economy.] [Economist Diane SWONK, Chemical Bank Irwin KELLNER - analyze the economy.] Government's reluctance to use tax cuts and increased spending to stimulate the economy noted.

Hume, Brit;
Jamieson, Bob;
Jennings, Peter

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.