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Economy / Unemployment #306220

CBS Evening News for Friday, Sep 06, 1985
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(Studio) August unemployment reported.
REPORTER: Dan Rather

(DC) President Reagan's effort to claim credit for August figs. noted. [REAGAN - praises his economy policies.] Reality of last month's unemployment statistics explained. [Shearson Lehman Brothers spokesperson Allen SINAI - states drop in unemployment is in part a result of teenagers leaving labor force.] [Senator Robert DOLE - thinks administration is worried over large trade deficit and probable Congressional action.] President thought planning to seek retaliatory quotas or tariffs against Japan, European Common Mkt., Brazil and Korea for unfair trade practices; details outlined on screen. Reagan recalled recently denying import protection for US shoe industry [Footwear Industries of America spokesperson Fawn EVENSON - questions President's motives now.] White House said trying to avoid confrontation with Congress on trade and economy sanctions against South Africa.
REPORTER: Bill Plante

(Studio) Drop in unemployment rate last month for black teenagers reported.
REPORTER: Dan Rather

(Los Angeles, California) Factors affecting black teen employment examined. [Felton MILLAGE, Ira TURNER, Pamona ALEXANDER - comment on their efforts to find work.] No. black youths looking for work last month said dropping dramatically; implications for official unemployment statistics explained. Unemployment rate for black youth compared to that for white teens. [California employment department spokesperson Thomas PETTIT - comments.] Socio-econ. factors contributing to chronic unemployment considered. [Watts community leader Ted WATKINS - cites lack of professional role models for impoverished youth.] [Manpower Research Corporation spokesperson Robert IVRY - notes double standards imposed on job training programs.]
REPORTER: David Dow

Reporter(s):
Dow, David;
Plante, Bill;
Rather, Dan
Duration:
00:04:50

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