Jobless Rate Moves Higher as Unemployment Hits 8.2 Percent
Senators Javits and Williams push rapid tax cuts while President's plan to create public jobs faces tests. The Bureau of Labor Statistics reports January unemployment at 8.2 percent with 930000 job losses, comparing past peaks and historical spikes amid wartime stimulus.
MENTIONED IN THIS ARTICLE
Jacob K. Javits
Rn.y
Harrison A. Williams Jr
D-N.j. Nelsen
Congress
Alan Greenspan
Council of Economic Advisers
Labor Department
Bureau of Labor Statistics
Bureau
Robert Gordon
University of California At Berkeley
American Economic Association
Lorenz
California Jobless Rate Rises to 9.3 Percent
California's unemployment rate climbed to 9.3 percent last month and could top 11 percent this year. Manufacturing and construction suffered the sharpest job losses as officials noted about 130,000 discouraged workers not seeking employment, which would lift the rate to 10.4 percent if counted.
MENTIONED IN THIS ARTICLE
Sacramento
California
James Lorenz
Unemployment Rises in Los Angeles and Orange Counties
The California Employment Development Department reported January unemployment in Los Angeles County rose to 8.9 percent and Orange County to 8.1 percent. Los Angeles lost 64,900 jobs and statewide unemployment reached 293,000 with a record 133,600 new jobseekers.
MENTIONED IN THIS ARTICLE
Los Angeles
Orange Counties
California Employment Development Department
Los Angeles County
Orange County
EDD
Fred Brenner
Lorenz’ Employment Development Department
Offshore oil development critics urge careful policy review
Critics urge a comprehensive national energy policy before expanding offshore drilling. They fault the EIS for lacking analysis of environmental impacts and ignore resources like Elk Hills. They warn floating platforms raise blowout and pollution risks and call for strict liability and operator training.
MENTIONED IN THIS ARTICLE
Department of Interior
Congress
Bradley
Elk Hills Naval Petroleum Reserve
California
Sharp
Cal Drilling
Jackson assails Ford on economy and leadership
Sen. Henry Jackson in Washington at the Washington Press Club as a presidential candidate criticizes Ford for bungling the economy and ignoring energy issues. He warns against blank checks for Southeast Asia and gunboat diplomacy in the Middle East while praising Ford as honorable but out of touch.
MENTIONED IN THIS ARTICLE
Washington
Sen
Henry M. Jackson
Ford
Washington Press Club
Washington State Democrat
Southeast Asia
Middle East
Jackson
Gerald Ford
Kissinger Right After Negotiations Open
State Department spokesman Robert Anderson rejected Colson’s claims and said Kissinger did not seek to resume bombing. The White House declined comment. Ford planned a public outreach trip to Texas and Kansas, including a Houston breakfast with media executives and a Kansas address, plus a joint statement with Bhutto agreeing to raise U S wheat aid to Pakistan from 100000 to 400000 tons. Ford and wife to stay at Camp David this weekend.
MENTIONED IN THIS ARTICLE
State Department
Robert Anderson
Kissinger
Colson
Anderson
White House
Ford
Texas
Kansas
Nessen
Houston
Topeka
Colorado
Illinois
Iowa
Minnesota
Missouri
Nebraska
North Dakota
South Dakota
Wisconsin
Washington
Pakistan
Zulfikar Ali Bhutto
U.S
Camp David
Western oil import 10% cut vowed
Paris AP reports Western oil importing countries pledged a 10 percent cut in crude oil imports this year, cutting imports to 1973 levels by about two million barrels per day. The move follows mixed reactions to Kissinger's proposed minimum price plan, risking a French conference to align world oil policy.
MENTIONED IN THIS ARTICLE
Paris
International Energy Agency
Etienne Davignon
Belgium
Davignon
U.S
Henry Kissinger
West
CIA Hughes deal to raise sunken Soviet sub
The CIA contracted with Howard Hughes to raise a Soviet nuclear submarine from the North Atlantic, a Los Angeles Times report citing law enforcement sources. The plan involved Hughes Summa Corp vessel Glomar Explorer and Global Marine Inc. A grand jury probe into the Summa burglary is planned, with officials from the FBI CIA and the Los Angeles authorities discussing potential national security implications.
MENTIONED IN THIS ARTICLE
Central Intelligence Agency
Howard Hughes
North Atlantic
Los Angeles Times
Hughes
Summa Corp
Los Angeles
Summa
Hollywood
The
Times
Paul Reeve
Ocean Mining
Houston
Tex
CIA
Atlantic
Reeve
Pentagon
Spain
Rine
Newfoundland
the Times
Global Marine, Inc
Long Beach
U.S. Atty
William Saxbe
FBI
Clarence Kelly
Los Angeles County
Grand Jury
Arabs Blacklist Jewish Banks Said to Pressure Arab Finances
London bankers report a Kuwait influenced blacklist of European banks tied to Jewish families. N. M. Rothschild & Sons S. G. Warburg Lazard Freres named among those supposedly excluded from recent international financings due to Arab government pressure.
MENTIONED IN THIS ARTICLE
London
N. M. Rothschild & Sons
S.G. Warburg Co
Lazard Freres
Kuwait
Rothschild, Warburg and Lazard
Western bankers seek Arab investment amid oil-driven capital surge
Exclusive banking houses on the list joined syndicates or fundraising groups. Managers of such financings usually dismiss threats, yet Western bankers now chase Arab investment capital as oil revenues swell after prices quadruple.
MENTIONED IN THIS ARTICLE
Ed Banking Houses
Also Mentioned on This Page
House
Ways and Means Committee
Christopher McCleave
Milford
N.J
New York
Queensborough
Calif
Edmund Brown Jr
Nixon- Ford Administration
Nixon White House
John F. Kennedy
George S. McGovern
Nixon
Supreme Court
Thomas Enders
Cia-Hughes
Global Marine Board
R. F. Bauer
Pacific
Los Angeles County Grand Jury
By Terry Robards
N.Y. Times Service
Oe .Y Y Lumber Company
Ed Mee
Rockwell
By Simerock
Los Alamitos Blvd
Los Alamitos
A. O
Espanol
Pan
John’s
Mansville
Ial Ea
Batt
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!