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Economy / Unemployment #279721

CBS Evening News for Friday, Sep 04, 1981
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(Studio) Record unemployment for black teenagers in August reported; details also given for overall national unemployment. Reaction of National Urban League spokesperson noted.
REPORTER: Dan Rather

(NYC) Budget cuts' impact on unemployment rate for black youth examined; criticism of federal government layoffs in light of its major role in jobs for minorities noted. [Soc. Policy Studies Center spokesperson Sar LEVITAN - criticizes government policy.] Anticipated number of layoffs of black youth under President Reagan's budget cuts noted; unemployment for blacks compared to that for whites. [PEOPLE - comment on situation.] Decring. number of teachers in youth education and impact on growing number of unemployed teens noted. Details outlined on screen.
REPORTER: Ray Brady

(DC) Econ. adviser Murray Weidenbaum reported not incling. teenagers in his briefings of President Reagan this morning. [WEIDENBAUM - comments on "misguided but closely targeted programs."] His proposed solution cited. [WEIDENBAUM - claims there's no substitute for job hunting.] His caution against ascribing much significance to 1 month's statistics mentioned; employment among Hispanics and adult women said slightly up.
REPORTER: Lesley Stahl

Reporter(s):
Brady, Ray;
Rather, Dan;
Stahl, Lesley
Duration:
00:03:50

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