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(Studio) Unemployment down from 6% to 5.9% in January Unemployment figures may not reflect actual number of people out of work, however, according to Govt. study.
REPORTER: John Chancellor
(DC) Govt. counts people as unemployed only if they are available for work. Those who have given up looking for jobs (H.S. drop-outs, aged, handicapped) are not counted. [Joint Econ. Committee Chairperson, Senator William PROXMIRE - and Bureau of Labor Statistics head Geoffrey MOORE - discuss actual unemployment, which is twice that of reported figures.]
REPORTER: Irving R. Levine
- Chancellor, John;
- Levine, Irving R.
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