Economy: Brother, Can You Spare a Job?

THE ECONOMY

The Nixon Administration's plan to stop inflation by deliberately stalling the economy is chipping away at the jobs of Middle America. As yet, the stall has produced no real relief from rising prices. Unemployment figures for March, released last week, showed the jobless rate up two-tenths of 1%, to 4.4%, highest since 1965. Altogether, 3,700,000 Americans were out of work —1,000,000 more than a year ago.

Until now, the blue-collar worker has carried the brunt. Last month white-collar unemployment showed its first significant jump, from 3.8% to 4.1%. Easter-season retail hiring was lower than usual, and defense and aerospace layoffs...

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