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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 05, 1981
Page
12
The Labor Department data show unemployment up to 7.6 percent in May, the highest since October, while wholesale inflation edged up 0.4 percent. Employment rose about 260,000, but job seekers increased by 425,000. Gasoline and heating oil prices fell, food prices held steady, and capital goods prices rose driven by machinery costs.
Sears chairman Edward R. Telling hails an out of court settlement of four 1979 suits accusing the retailer of racial minority hiring discrimination. EEOC said one race and sex case remains unresolved, with Sears predicting quick settlement. The agreement requires no back pay, but tighter focus on minority applicant and hire rates.
The Inter American Development Bank reports Latin America’s food output rose only 0.9 percent in 1979 per capita, failing to keep pace with population growth in its annual economic and social progress review.
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