Word: percent
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Dates: during 1960-1969
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...prosperity. The national unemployment rate has been at 4% or less every month this year and unemployment is very likely to fall further in the coming months. Negro unemployment rates continue to move parallel to the national rates, but at twice the level. While national unemployment fell from 6.7 percent in 1961 to 3.8 percent in the first five months of this year, the Negro unemployment rate fell from 12.5 percent to 7.2 percent...
...unemployment rates of particular categories of Negro workers also moved parellel to the corresponding categories of all workers. The unemployment rate for adult Negro men fell from 11.7 percent to less than 5 percent, paralleling the national decline of 5.7 percent to 2.5 percent. Only the rate for teenagers does not parallel the white experience. It hardly fell in the five year interval and remains close to 25 percent. The white teenage rate did fall somewhat, but still remains high, abou t12 percent. The reason for these dispartities has not yet been fully identified. The great increase in numbers...
...immense over-representation of Negroes in the unskilled and service categories is of course well known. Although Negroes constituted only 10.7 percent of total unemployment in 1965, they are 26.3 percent of all service workers, 43.6 percent of all private household workers and 25.6 percent of all laborers. On the other hand they are dramatically under-represented in the more attractive occupations. They are only 5.9 percent of all professional and technical workers, 2.8 percent of managers and proprietors, 3.1 percent of all sales people, 5.7 percent of all clerical workers, and 5.6 percent of all skilled craftsmen...
...white professional and technical workers is up from 3.8 percent to 5.9 percent...
President Johnson may need a Jot more baling wire if he is finally to bring inflation under control. Among signs of continuing inflation last week were auto price increases (see following story) and the consumer price index, which rose in August another four-tenths of a percent to a record level of 113.8, up 3.5% in the past year, with most of the increase due to the higher cost of food. Meanwhile, Wall Street had a kind of relapse. Two weeks ago, after President Johnson announced the suspension of the 7% corporation tax credit for capital investment, the market rallied...