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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.

(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

Brady, Ray;
Rather, Dan;
Stahl, Lesley

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