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Economy #311580

CBS Evening News for Saturday, Aug 02, 1986
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(Studio: Susan Spencer) Nation's economy growth last quarter and factors affecting it examined; details given, scenes shown. [PEOPLE - expect situation to worsen.] Real weekly earnings since 1973 noted. [Econ. Alan GREENSPAN - cites declining productivity.] [American Enterprise Institution spokesperson Herb STEIN - cites benefits of oil price slump.] [Brookings Institution spokesperson George PERRY - discusses underestimation of oil price slump and impact on oil industry] [MAN - comments.] 1985 debt rate considered. [GREENSPAN - feels debt is too large.] [PERRY, STEIN, PEOPLE - disagree on future.]

(White Plains, New York: Victoria Corderi) Bus. community's use of senior citizens as new labor pool and implications for national employment picture examined; Walter Samik's return to work cited as example [SAMIK - comments.] [Traveler's Ins. spokesperson Don. De WARD - cites benefits of hiring retirees.] [General Foods spokesperson Dottie SEVELLO - notes small youthful labor pool.] [Liz LaVOSH - enjoys staying in mainstream.] [De WARD - praises group.] [AFL- CIO spokesperson Bert SEIDMAN - explains regional problems with hiring retirees.]

Reporter(s):
Corderi, Victoria;
Spencer, Susan
Duration:
00:05:20

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