CBS Evening News for Friday, Oct 08, 1976
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) Unemployment and inflation 2 big issues in campaign; today government issues last unemployment statistics before election.
REPORTER: Walter Cronkite
(DC) Report is mixed blessing for Ford administration; details noted. [Council of Econ. Advisers chairperson Alan GREENSPAN - says probably unemployment will be under 7% by early 1977, but won't rule out possibility of it by end of 1976.] Bureau of Labor Statistics says surveys done in usual way without pol. pressure. [Bureau of Labor statistics commissioner Julius SHISKIN - says there's been no administration pressure during his stay as commissioner Only 1 in admin. he talked to this month is Greenspan, to whom he gives figs.] Greenspan says he sees no need for change in administration's economic policy.
REPORTER: Neil Strawser
(Studio) Construction workers have highest rate of unemployment in nation and those in New York City have particularly hard time.
REPORTER: Walter Cronkite
(NYC) Percentages of construction unemployment in nation and New York City noted. [Building Trades Council chairperson Peter BRENNAN - says conditions in some cases worse than in Great Depression.] Union-reported unemployment for city during summer noted. Among 1 local union of sheetmetal workers it's 62%; member Owen Burke hasn't had job for 6 mos. [BURKE - says younger men can get relocated and reeducated, but feels it too late in life for him to do either.] Reasons for lack of construction work noted; officials say some help expected from recent public works jobs bill, but both union and city officials say real solution is in recovery of national economy
REPORTER: Mitchell Krauss (CBS-TV newsfilm)
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:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.