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30: 20 Unemployment #514866

NBC Evening News for Friday, Dec 04, 1981
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(Studio) Rise in unemployment, shown in November figs., noted.
REPORTER: John Chancellor

(DC) Unemployment statistics outlined on screen. [President REAGAN - reacts to figs.] [Senator Edward KENNEDY - criticizes administration's economic policy.] [Senator Paul SARBANES - links policies to budget problems.] Admin. sources reported defending policies by citing lower inflation rate. Indications noted predicting rise in unemployment rate in coming year.
REPORTER: Irving R. Levine

(Studio) Teenage unemployment rate reported higher than national average.
REPORTER: John Chancellor

(NYC) Smith-Corona factory in Cortland, New York, reported laying off employees temporarily. [WORKERS - state uncertainties.] [Local retailer Julia CARICATO - voices pessimism for Christmas season.] [President of Smith-Corona George BURNS - blames lack of buying and foreign imports.] Economists noted believing recession will be severe.
REPORTER: Mike Jensen

(Studio) Rise in unemployment noted costing government money in form of lost benefits and taxes.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Jensen, Mike;
Levine, Irving R.
Duration:
00:04:10

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