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Economy / Wholesale Prices / Unemployment #519456

NBC Evening News for Friday, Sep 04, 1981
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Bypassed introduction. (Studio) (Report in progress.)
REPORTER: John Chancellor

(DC) Wholesale food and gasoline prices for August discussed; details outlined on screen. [Labor commission spokesperson Janet NORWOOD - thinks significant moderation has been widespread.] [Murray WEIDENBAUM, economist Chas. SCHULTZE - express differing opinions.] Admin. concern that figs. will be used by opponents of further budget cuts noted; inflation's anticipated course in next few mos. considered.
REPORTER: Irving R. Levine

(Studio) Unemployment, in general and for black teenagers, reported.
REPORTER: John Chancellor

(NYC) Significance of unemployment among black teenagers examined; July's figs. recalled. Statistics for blacks and whites compared. Deborah Harvey's case cited as example of dilemma faced by black youth. [HARVEY - notes inability to find job.] [Job counselor Dan DONOVAN - explains competition between youth and adults over jobs.] Implications of situation for President Reagan considered.
REPORTER: Mike Jensen

(Studio) White House spokesperson reported denying that elimination of programs such as CETA (Comprehensive Employment and Training Act) helped create unemployment among black youth; details given.
REPORTER: John Chancellor

Chancellor, John;
Jensen, Mike;
Levine, Irving R.

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