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Economy / Unemployment #196831

ABC Evening News for Friday, Apr 06, 2001
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(Studio: Peter Jennings) Statement from Labor Secretary Elaine Chao about the softening of the United States economy reported.

(Studio: Betsy Stark) The implications of today's jobs report for the economy examined; statistics cited on job cutbacks. [Laid-off executive assistant Cathy ONCH - comments on the industry and the lack of job security.] [Laid-off mechanical engineer Bruce CARTER - says the corporate line now is money only.] [Merrill Lynch chief economist Bruce STEINBERG - says the economy is very close to recession.] The view of the economy held by the Federal Reserve Board discussed.

Reporter(s):
Jennings, Peter;
Stark, Betsy
Duration:
00:03:10

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