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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 31, 1985
Page
3
Lorain County's unemployment rate held near 10.5 percent in December with the rate at 10.4 percent, edging down from the prior month. The report notes a continued high jobless level despite minor improvements.
Vernon Walters, former CIA deputy director and Reagan adviser, is expected to be nominated as the next United Nations ambassador replacing Jeane Kirkpatrick. The anonymous official cited Walters as a prime candidate for the post. In other news, Ohio unemployment rose in December with Lorain and Cuyahoga counties showing higher jobless rates while state figures edged up from November.
American forces completed a triumphal return to Bataan with a bloodless west coast landing that split Japanese defenses into four pockets and possibly overran Olongapo. Russian mobile units surged toward Berlin, seizing Landsberg and breaking the Nazi line near the capital. Two of seven Krucinski sons, stationed overseas, returned home for a 30 day visit.
The Labor Department says median weekly earnings for full time workers rose 54 percent to 337 in Q4 1984, outpacing 4.1 percent inflation. It notes a 6.9 percent rise in median family earnings to 513 from the previous year.
City officials weigh the idea of withdrawing from RITA to save money and earn more interest on cash. Mayor Keys urges caution and warns against cutting services. Auditor Costin notes North Ridgeville saved money after leaving in 1981. RITA director Ma defends the system, highlighting growth and efficiency across 48 Ohio communities.
Israel secures a promise of 1.8 billion dollars in U S military aid after talks with Reagan administration officials in Washington. Rabin urged continued U S economic support to sustain anti inflation reforms while warning of possible chaos after Lebanon withdrawal. He said the U S should avoid strings attached and noted Lebanon’s fragile transfer of control amid regional tensions.
Ohio officials say a court ruling allowing the Ohio Building Authority to sell bonds for prison construction does not alter plans for the 500 bed, 30 million dollar medium security prison beside the Grafton Honor Farm. State officials expect a March bond sale and maintain timetable.
Representative Don Pease seeks a new bill to extend the Federal Supplemental Compensation program through September 1986. The program ends in March and 88,000 Ohioans used it in 1984, with long term unemployment spread across coal regions, textile areas, and auto and steel industries nationwide. Co sponsors include Marcy Kaptur and Fortney Stark.
The Commerce Department's Index of Leading Economic Indicators fell 0.2 percent in December, despite a revised November gain of 0.6 percent. While GDP growth was revised up to 3.9 percent for Q4 and factory output plus personal income rose, the leading index showed weakness, a potential early signal of a softer outlook after a late-year rebound.
Sen. William Proxmire urges the Senate to probe Meese potential ties to General Dynamics during the Navy submarine contract inquiry. Meese defends his innocence, saying no improper contact occurred aside from routine confirmation briefings. Proxmire and Grassley seek Justice Department documents as Thurmond's Judiciary panel prepares to consider the nomination.
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