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Newspaper
The Times Herald Record
Location
Middletown, New York, United States of America
Date
Jun 03, 1975
Page
23
A syndicated column outlines persistent, deep job loss and high unemployment as the U.S. economy remains in a major slump. It cites record joblessness, rising labor force participation, and widespread underuse of plant capacity while noting some early signs of improvement in employment numbers and modest wage gains.
New York close shows varied movement among major names with airlines and banks among top movers. Notable shifts include AmAirlines and Citicorp pausing gains while Exxon and IBM rebound, with mixed results across sectors and several notable price changes and dividend notes.
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