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More Jobs Doomed as US Economy Slows in 1974
The government warned of ongoing job losses as orders drop and production cuts follow, with unemployment seen rising above 6 percent. Gold markets react to the US sale plan as prices fall in London and Zurich, while economists predict continued recession into 1975.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
Commerce Department
Labor Department
First City National Bank of New York
United States
London
Zurich
New York Stock Exchange
John Flynn
New York
U.S
James E. Sinclair
Sinclair
L. William Seidman
Ford
St. Louis
White House
Ron Nessén
Nord
United Mine Workers Union