Unemployment Seen Near 4.3 Percent in 1970
President Nixon's adviser projected an average jobless rate of about 4.3 percent for the year, with some months higher or lower, alongside a 3 to 3.5 percent inflation forecast through the fourth quarter and a GDP near 985 billion dollars. The rise to 4.3 percent would imply roughly 800,000 more unemployed in a given month if reached.
MENTIONED IN THIS ARTICLE
U.S
New York Times
Washington
Nixon
Paul W. McCracken
Council of Economic Advisers
Congressional Joint Economic Committee
Council
McCracken
Ional
William Proxmire
D-Wis
Johnson
Kennedy
Meany Calls Nixon Record a Great Big Goose-Egg
AFL CIO chief George Meany blasted Nixon's first year as a failure for labor noting opposition to policies on unemployment health education and welfare Supreme Court picks and the Philadelphia Plan He warned unemployment may rise to six percent and urged federal controls on wages prices and incomes while backing Nixon on Vietnam antiballistic missiles and welfare reform comments came after Nixon vetoed the health education and welfare appropriations bill saying money at the bottom of the economy is well spent The remarks mark a significant hardening of labor opposition to the White House approach
MENTIONED IN THIS ARTICLE
Miamy Beachap
Organized Labor
Nixon
Afl-Cio
George Meany
White House
Meany
Labor
Supreme Court
Philadelphia
Vietnam
Senate Judiciary approves Carswell for Supreme Court
The Senate Judiciary Committee backed G Harold Carswell 13-4, prompting sharp rebuttals from civil rights and labor leaders who warned his confirmation could fuel racism and violent extremists. Critics from NAACP and AFL-CIO called the move an insult and a setback for the judiciary and citizens.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
G. Harrold Carswell
Supreme Court
Senate
Clarence Mitchell
National Association For the Advancement of Colored People
Leadership Conference On Civil Rights
Afl-Cio
United States
Mitchell
Bireh Bayh
D-Ind
Tallahassee
Fla
Carswell
Miami Beach
U S Reports Trade Loss of 7 Billion
The United States posted a 1969 balance of payments deficit of 6.99 billion, the worst on record, with a seasonally adjusted fourth quarter surplus of 1.1 billion. The annual deficit compared to 1968 was a 7.2 billion swing, while official balances showed a 2.78 billion year surplus amid unusual factors influencing the external position.
MENTIONED IN THIS ARTICLE
Washington
United States
Department of Commerce
U.S
Office of Business Economics
Commerce Department
Assembly in N Y Votes Blaine Repeal
Albany The Assembly passed 105 to 36 its version of a first step toward repealing the Blaine amendment barring state aid to parochial schools. Debate centered on church-affiliated schools, with Gov Rockefeller amid politicization. Both bills repeal Article XI Section 3 and shift to First Amendment language, awaiting referendum.
MENTIONED IN THIS ARTICLE
New York Times
Albany
John H. ‘Terry
Syracuse
Nelson Rockefeller
Assembly
Senate
Barl W. Brydges
Niagara Falls
Terry
Sen. Brydoes
Pusey to retire early at Harvard plan to usher new leader
Harvard President Nathan M. Pusey announced he will retire in June 1971, two years ahead of schedule, to make way for a younger man. At 62, he leaves after 18 years as Harvard president amid campus turmoil and criticism over accessibility to students and faculty, while praised as a defender of the university.
MENTIONED IN THIS ARTICLE
Pusey
Harvard
New York Times
Cambridge
Nathan M. Pusey
Harvard University
Harvard Corporation
Fusey
James Bryant Conant
Lawrence College
Wisconsin
R. Keith Kane
Joseph R. McCarthy
Ter
Also Mentioned on This Page
U.S. 5Th Court of Appeals
Serzys
Tyler Street
G.E. Woodlawn Avenue
N.Y
Blaine
Nathan Pusey
Berkshire Eagle
Massachusetts
Af Pitta
Remington-Olympia-Totalia
Reysl
Underweed
Smith Cerona
Athe Ee
Shandoff
North St
Hickey-Mitchell Company
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