June Prices Jump as Nixon Imposes 60 Day Price Freeze
Washington The Wholesale Price Index rose 2.4 percent in June the highest since 1951 led by farm products. Unemployment edged down to 4.8 percent the first below five since 1970. Inflation remains at wartime-peak levels with a 24.4 percent annual rate for Jan-June under Phase 3.
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Labor Department
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Congress to Query Female Economics
The Senate House Joint Economic Committee will hold two phased hearings this week on women’s economic status. Chair Martha Griffiths outlines aims to examine wage gaps unemployment, discrimination enforcement, and access to credit and insurance as part of shaping a more equitable economic policy. The first hearings run Tuesday through Thursday with a followup July 24 through 26.
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