Unemployment rate hits high amid political blame game
The seasonally adjusted jobless rate rose to 10.1 percent, the highest since 1940, with 450000 more unemployed since August. Blue collar and black workers faced record rates, while part time employment jumped by 950000. Officials urged recovery plans amid political attacks and calls for hearings.
MENTIONED IN THIS ARTICLE
Unem
Reagan
Sar Levitan
George Washington University
Labor Department
Bureau of Labor Statistics
Labor Statistics
Janet Norwood
Treasury
Donald Regan
Iowa Democrats blame Reagan policy for 10.1% unemployment
Iowa Democrats and labor leader blast the 10.1 percent U.S. jobless rate as a result of Reaganomics. Roxanne Conlin and Lynn Cutler criticize Terry Branstad and refuse tax giveaways for the wealthy. They urge action to relieve unemployment and call for policy changes.
MENTIONED IN THIS ARTICLE
Raymond Donovan
Charles Manatt
Reagan
Afl-Cio
Lane Kirkland
Michael Evans
House
Thomas O'Neill
Congress
Iowa
Des Moines
Iowa Federation of Labor
Jim Wengert
U.S. Department of Labor
Branstad
Lynn Cutler
Democratic Party
Waterloo
Main Street
Cutler
Job Service of
Iown
Rita Townsend
Cedar Falls
Rita
Wall Street
Brent Appel
IBEW
Labor Department
Appel
Johnson orders Rusk to begin jet sale talks with Israel
On this date in 1968 President Johnson directed Secretary of State Dean Rusk to start negotiations for the sale of jet aircraft to Israel, signaling a shift in U.S. military support for the region.
MENTIONED IN THIS ARTICLE
Johnson
Dean Rusk
Israel
Jepsen and Sarbanes clash over Reagan era economy
Jepsen challenged the idea that Reagan era policies caused a recession. Sarbanes cited the July 1981 onset of rising unemployment as the recession trigger, while Jepsen argued decline began before policies. Jepsen praised early Reagan gains as the panel adjourned during a recess.
MENTIONED IN THIS ARTICLE
Paul Sarbanes
D-Md
Jepsen
Reagan
Sarbanes
Reagan era WPA revival idea sparks park project plan
Powell proposes a modern Works Progress Administration style effort with National Guard field kitchens and tents to employ people on road and bridge work in parks. He recalls the 1930s program where youths earned 30 dollars monthly and parents received 25 dollars, while older workers joined WPA projects.
MENTIONED IN THIS ARTICLE
Reagan
Jack Reagan
Dixon
Ill
Powell
National Guard
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