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Economy Report / Unemployment #475060

NBC Evening News for Friday, Feb 01, 1974
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(Studio) Labor Department reports unemployment reaches 5.2% in January; energy crisis held partially responsible.
REPORTER: John Chancellor

(Atlanta, Georgia) Energy related businesses suffer greatest from unemployment. Exs. given.
REPORTER: Steve Delaney

(Studio) Ford, General Motors, Chrysler sales drop 31% from last year American Motor's sales increase Unemployment likely to worsen. President' council of economy advisers predicts gloomy future for unemployment, inflation and overall growth rate in `74.
REPORTER: John Chancellor

(DC) Econ. forecast reviewed. Film shows President declaring recession won't materialize. [Econ. adviser Herbert STEIN - doesn't agree with traditional definition of recession.] President' comments on energy crisis reviewed. [Energy adviser John SAWHILL - insists United States won't solve energy problems in `74, but work can begin.]
REPORTER: Irving R. Levine

Chancellor, John;
Delaney, Steve;
Levine, Irving R.

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