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Economy / Unemployment / Rate #245480

CBS Evening News for Friday, Apr 02, 1976
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(Studio) Unemployment rate drops .1% in March to 7.5%. People who have quit looking and part-time workers not counted in rate. Rate would be 10.3% if they were.
REPORTER: Walter Cronkite

(Detroit, Michigan) Surveys in Detroit and Saint Louis find unemployment rate higher than Bureau of Labor Statistics says it is. Results of surveys noted. [Economist, Michigan State University, Dr. Milton TAYLOR - says government figures deceptive.] State and federal representatives differ in the way they obtain unemployment figures. States mow required to adopt federal method of figuring rates.
REPORTER: Randy Daniels

(New Jersey) [New Jersey commissioner labor and industry, Joseph HOFFMAN - says government's method of gauging unemployment is imprecise.]
REPORTER: Randy Daniels

(DC) [Commissioner Bureau of Labor Statistics Julius SHISKIN - says organization doing accurate job.]
REPORTER: Randy Daniels

(Detroit, Michigan) Crisis is that many want work and can't find it.
REPORTER: Randy Daniels

Reporter(s):
Cronkite, Walter;
Daniels, Randy
Duration:
00:03:30

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