Unemployed rate rises to six percent in November
The Labor Department reports 6 percent unemployment for November as total employment hits a record 80 million. Job seekers total 4.8 million, up 210000, with increases across most categories except nonwhite workers, while Vietnam veteran unemployment returns to 8.2 percent.
MENTIONED IN THIS ARTICLE
Brooks Jackson
Associated Press
Washington
Labor Department
Bureau of Labor Statistics
Wholesale prices rise slightly overall in November
The Bureau of Labor Statistics reported a one tenth percent increase in wholesale prices for November driven mainly by higher raw agricultural commodities not subject to price controls during the freeze. The industrial commodities index fell slightly while the overall measure stayed essentially unchanged after seasonal adjustment.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Draft halts for month in Washington
AP reports in ductions stalled this month as local draft boards processed men ahead of schedule. A Selective Service spokesman said orders to stop inductions go to states that reached December quotas. About 10 000 men allocated for November and December had already been notified. The halt was not due to Justice Douglas stay of inductions pending a legal test of the draft extension law.
MENTIONED IN THIS ARTICLE
Washington
Selective Service
Supreme Court
William C. Douglas
California
Douglas
Tax cut moves toward reality with campaign funding delay
Nixon opposition concedes a 15.8 billion dollar tax cut over three years and postponement of the presidential campaign checkoff until 1976. The conference vote signals key economic relief with higher exemptions and a repealed auto excise tax, while the checkoff faces veto risk and congressional appropriation.
MENTIONED IN THIS ARTICLE
Washington
Senate House
Nixon
Conference Committee
Congress
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