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Economy / Unemployment #292608

CBS Evening News for Friday, Aug 05, 1983
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(Studio) Good news with regard to unemployment said cheering Republicans Senator Roger Jepsen quoted. Reagan said claiming his program is no longer called "Reaganomics" by his critics.
REPORTER: Dan Rather

(DC) Chart of figures for 11 months shown, with July rate at 9.5 percent. Sharp plunge in 1 month noted. All categories said showing drop. Continue high rates for blacks, Hispanics, and teens noted, though these reported dropping. At. meeting with Hispanics, [President REAGAN - speaks of admin. program benefiting all citizens.] Reagan thought to seek second term. Committee for reelection predicted being formed in mid-October. Reagan trip to Far East in November noted. Pol. effect of improving economy and employment cited.
REPORTER: Lesley Stahl

(Studio) Rise in civilian unemployment rate during Reagan administration noted. Item with regard to long-term unemployed introduced
REPORTER: Dan Rather

(Miami, Florida) Situation in Miami, Florida, described; tape shown. Group seeking pick-up jobs cited. [MAN - is looking for any kind of work.] [Wilson ROBERTS - is against a wall.] Job losses during recession and exhaustion of unemployment benefits noted. Increase number said in same condition. Better situation in 1975 contrasted with present. Cutbacks in unemployment insurance, enacted in 1981, said cause of present plight. Lakeland, Florida, cases cited. [Center on Budget Priorities spokesperson Robert GREENSTEIN - says large pool of workers being left behind as unemployed figures drop.] Record high of unemployed and uninsured predicted.

Brady, Ray;
Rather, Dan;
Stahl, Lesley

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