ABC Evening News for Friday, Nov 01, 1974
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 reaches 6% in October 5.5 million out of work. Joint economy committee holds hearing.
REPORTER: Howard K. Smith
(DC) [Senator William PROXMIRE - asks for analysis of situation.] [Labor statistics commissioner Julius SHISKIN - says situation serious.] [PROXMIRE - says President policies likely to push us into recession if there's not already one.] [SHISKIN - says administration feels there's 2-edged sword: rising inflation and unemployment.] [PROXMIRE - says administration doesn't show sensitivity.] $500,000 to be for public works jobs if jobless rate stays above 6%. Plan probably to go into effect after election.
REPORTER: Bob Clark
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.