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Unemployment Rate Incr. #45520

ABC Evening News for Friday, Sep 03, 1976
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(Studio) Govt. reports unemployment increases to 7.9%, high for year; August rise is 3rd straight month for increase AFL-CIO President George Meany blames Ford administration for high unemployment rate and says rate really higher than reported.
REPORTER: Howard K. Smith

(DC) White House Press Secretary Ron Nessen says Ford's general election campaign kickoff will be about week after Labor Day in Michigan. Dampening campaign is rise in unemployment, since jobs is 1 of Ford's main issues. Chairperson of Council of Econ. Advisers Alan Greenspan believes unemployment will go down. [GREENSPAN - says what President is doing is right.] Advisors' predictions of unemployment drop to 7% by end of year now extended to 1st of next year
REPORTER: Tom Jarriel

Jarriel, Tom;
Smith, Howard K.

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