Article clipped from Kingsport News

Unemployment Mils. WASHINGTON (DPI) —Unemployment hit ■ a nl no-year high of 6 per cent of the American work force Jrt December despite the end of. the General Motors strike that the administration blamed for many recent ’ economic troubles.But the Western; White House said that President Nixon was guiding the country through tKe least painless transition from a wartime to peacetime economy in *his century —and toward less inflation and more jobs. •The Labor Department's report Friday that the jobless rate went up from • 5J to . B per cent from November to December meant that 4.6 million Americans seeking jobs could not find them. -That was an increase of 2. million from a year earlier.Al San Clemente, ’ Calif., where the President is vacationing, Press Secretary Ronald Ziegler described him as being concerned but not alarmed by the latest rise in joblessness.“It ^ Is the President's view that the American working man and the American businessman can move ahead ... on the assumption tlial inflation will be kept under control and that unemployment will recede, Ziegler said.“We stfll hold to the prediction that ihis will be the least .severe dislocation in this century as we move from a wartime to a peacetime economy and an economy with price stability.”Democrats quickly challenged the administration’s optimistic view and used the report to renew their criticism of Nixon's veto last month of a big manpower training bill designed to put up to 300,000 Americans to work.Chairman Wright Pat man, D-Tex., of the House Banking Committee said lire Labor Department's December re per I put Nixon in serious political trouble.More On Page 8, Col. 19 i ear HighKingsp ortNewswmrimKINGSPORT, TENNESSEE, 37660, SATURDAY, JANUARY 9, 1971 VOLUME XXXIV, No. 7 20 PAGES 10 CENTS 6
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Kingsport News

Kingsport, Tennessee, US

Sat, Jan 09, 1971

Page 11

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TN, USA 07 Nov 2019

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