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Economy Watch / Kokomo, Indiana #240049

CBS Evening News for Friday, May 02, 1975
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(Studio) Unemployment figures given for New Bedford, Massachusetts; San Diego, California; Gainesville, Georgia; Kokomo, IN.
REPORTER: Dan Rather

(Kokomo, IN) Faint signs of economy recovery show up in Kokomo in Apr. Supplemental benefits run out at Chrysler; Delco's sub pay ends Monday; these workers must now depend solely on state unemployment benefits. Kokomo's economy well-being tied to auto industry [President Union Bank and Trust William CARMICHAEL - says bank to work with unemployed; bank's policy doesn't include foreclosure.] Unemployment rate estimated at 17%.
REPORTER: Sharron Lovejoy

Lovejoy, Sharron;
Rather, Dan

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