Unemployment Rises to 11-Month High as Prices Jump
The Labor Department reports unemployment up to 8.1 percent in November, the highest this year, with 200,000 more jobless. Wholesale prices rise for the third straight month, driven by energy costs, while farm prices decline. The data amplify inflationary pressure and may influence Carter's early policy choices on tax cuts and spending to spur growth.
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Washington
Labor Department
Jimmy Carter
Carter
Carter signals peace bid to Moscow through informal message
President-elect Jimmy Carter said he will send an informal message to Moscow expressing reciprocal commitment to peaceful relations and nuclear disarmament. He outlined an aggressive U.S. arms control push and a later wider U.S.-Soviet effort to cut nuclear arsenals after Brezhnev promised no pressure for a test of the new administration.
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William E. Simon
Soviet Union
Carter
Vladivostok
Cyrus R. Vance
Lyndon B. Johnson
Advent wreath questions explained to readers
The Enterprise answers a reader inquiry about Advent wreath symbolism. It describes Advent as foreseeing Christ's first coming and the second coming, with four purple candles and a white center candle, evergreen elements, and the growing light through the season.
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L.S. A
Jesus Christ
Christ
Carter picks Cyrus Vance for secretary of state post
President elect Jimmy Carter selects Cyrus R. Vance a veteran diplomat and lawyer to be secretary of state and briefs Senate Foreign Relations Committee members. Carter to announce another appointment, Thomas Lance as budget director, and aims to have most Cabinet posts by Christmas.
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New Jersey
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Carter criticizes steel price hike ahead of presidency
President elect Jimmy Carter said the steel industry missed a chance to aid his future administration by raising prices 6 to 7 percent. He ruled out wage and price controls except in a national emergency and predicted market forces could pressure steelmakers to reverse the increase.
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Plains
Jimmy Carter
Carter
Ford
NBC
William Lilley III
The
Council On Wage and Price Stability
Carter says BI bomber decision not affecting plans
President-elect Carter said Pentagon moves to begin BI bomber production do not change his timetable or resolve. He can delay or cancel the program after inauguration with a choice to proceed or oppose, now given a May deadline instead of February.
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Carter
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