Economists See Upturn Amid Auto Industry Layoffs
Economists warn of a near term upturn yet the auto sector reports 209 746 hourly workers on indefinite layoffs this week up from 193 671. Production falls to its lowest November level since 1970 while temporary layoffs climb to 40 300 from 32 500 as sales stagnate due to high rates. The Business Council predicts a recession end in early 1982 with activity rising later.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Business Council
Washington
New York
Marine Midland Bank
The
Richard T. Pratt
Federal Home Loan Bank Board
San Francisco
Senate near approval of 4 billion in cuts and tax break
The Republican Senate advances to final passage of four billion dollars in spending cuts sought by President Reagan, overriding Democratic amendments. House approved 218 to 197, with 36 conservative Democrats backing the plan. The measure would expire March 31, 1982, cutting hundreds of programs by four percent except defense and certain social programs. A tax deduction for lawmakers remains intact. The article also notes a separate Alaska gas pipeline prepayment bill and a farm subsidy measure awaiting House action.
MENTIONED IN THIS ARTICLE
Washington
Senate
Reagan
House
Congress
Alaska
Reagan education aide tours Marion school for disabled funding
Elam Hurtzler of the U S Department of Education toured Jefferson School and the School for the Hearing Impaired in Marion with top officials including Senator Gene Johns and Superintendent Donald Gill. The 35 minute visit highlighted funding for programs aiding 93 hearing impaired students amid Reagan plans to dissolve the department.
MENTIONED IN THIS ARTICLE
Marion
U.S
Education
Terrel Bell
Jefferson School
School of the
Paul Simon
D-Makanda
Bell
Illinois
Elam Hurtzler
Sharon Boyd
Hurtzler
Ms. Boyd
Hurtzle
Department of Education
Reagan
Department of Health, Education and Welfare
Weather outlook: cloudy and warmer with light precip
The National Weather Service projects a cloudy pattern with a 30 percent chance of rain or snow tonight, a low in the upper 20s to low 30s, and a Saturday with a 30 percent chance of rain and a high in the low to mid 40s. Dry but mostly cloudy through Sunday to Tuesday with highs in the 40s and 50s and overnight lows in the 30s.
MENTIONED IN THIS ARTICLE
National Weather Service
Khomeini aide killed in Shiraz bombing
Ayatollah Abdol-Hossein Dastgheib, a close aide to Ayatollah Khomeini and Shiraz prayer leader, was assassinated today by a bombing as he headed to Sabbath prayers. The attack, claimed by Mujahedeen Khalq guerrillas, left several dead and wounded. The Iranian government declared a nationwide day of mourning.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Mujahedeen Khalq
Tehran
Dastgheib
Khomeini
Springfield contractor missing linked to Powell bribe case
Harold W. Buecker, 63, a plumbing contractor tied to a 1970s Powell bribery scheme, has been missing since Nov 18 from Loami near Springfield. Investigators report no solid leads and say the disappearance is not linked to kid-rigging, with searches including a pond drag failing to reveal clues.
MENTIONED IN THIS ARTICLE
Springfield
Paul Powell
Harold W. Buecker
Loami
Sangamon County
Metcalf
Buecker
Powell
James Purdon
Richard
B&b Mechanical Corp
Also Mentioned on This Page
Associated Press
Frederick W. Deming
Chemical Bank
Deming
Dow Jones Capital Market Report
Southern Illinoisan
Joe Jines
Dave DeWitte
Ann Landers
Bee
Ayatollah Khomeini
the Radio
Iran
United States
Israel
America
Zionism
Kenneth Metcalf
Criminal Investigation Division
Law Enforcement Department
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