6B
Nation/World
Monday October 5,1998
U.S. unemployment creeps higher
Economists blame international slump for low job growth
The Associated Press
WASHINGTON — The nation's unemployment rate rose to 4.6 percent in September as the impact of a global slump spread widely through the American economy and cut job growth to its slowest in nearly three years.
The seasonally adjusted jobless rate, up from 4.5 percent in the three previous months, was the highest in six months, the Labor Department said Friday. Unemployment hit a 28-year low of 4.3 percent this spring.
Employers added only 69,000 jobs to their payrolls last month, the weakest figure since a blizzard in the Northeast forced businesses to cut jobs in January 1996. Factory employment fell by
16,000, the fifth decline in six months.
Payrolls also declined at construction companies, reflecting the widening impact of the recessions overseas. Service businesses added only 24,000 jobs, the fewest since February 1992 when the economy was emerging from the last recession.
President Clinton said that unemployment has remained below 5 percent for 15 consecutive months.
"The economy remains very solid," he said.
Clinton said he would participate Oct. 12 when finance ministers and central bankers from around the globe meet in Washington to discuss ways to restore world stability.
"We cannot remain an oasis of prosperity." Clinton said.
Economists said this month's report may mark the start of a steady deterioration, even though they acknowledged the job market's continued strength
"Weakness is not isolated to manufacturing," said economist Sung Won Sohn of Norwest Corp. in minneapolis. "The unemployment rate probably will go up gradually. A year from now, we might see it around 5.3 percent."
On Wall Street Friday, stock prices at first extended the crushing losses of the previous three days, but then recovered. The weak unemployment report revived hope that the Federal Reserve will follow this week's quarter-point cut in short-term interest rates.
The Dow Jones average of industrial stocks plunged 102 points in the morning, falling briefly below its lowest close of the year on Aug. 31. It bounced back, though, closing with a 152-point gain at 7,784.
The Commerce Department said orders for factory goods rose 0.9 percent in August, reflecting a rebound in autos after the General Motors strikes and a surge in aircraft. Excluding transportation, orders fell 1.2 percent, the worst showing in three months.
The Asian recession has hurt U.S. manufacturers in two ways: it has slashed sales in one of their best export markets and forced them to compete against a flood of cheap imports.
Makers of industrial machinery and electronic equipment account for 40 percent of the 152,000 jobs lost in manufacturing since March, said Katharine G. Abraham, commissioner of the Bureau of Labor Statistics.
Average hourly earnings rose only 1 cent to $12.86, but that followed a strong 6-cent gain in August. Wages were up 4 percent from a year earlier.
Labor markets still are strong by historical standards. The number of people working part time who would prefer to work full time stood at 3.4 million in September, down by 563,000 over the past year.
Original singing cowboy Autry dies
LOS ANGELES — In his movies and TV series, Gene Autry played the same unchangable character: a true-breed son of the West who always fought fair and square and loved his horse. Champion.
The Associated Press
Off the screen, Autry was a shrewd businessman who owned baseball's Anaheim Angels for more than 30 years.
Hollywood's original singing cowboy died at his home Friday after a long illness. He was 91.
Autry's death came three months after the industry bid happy trails to Roy Rogers, who replaced Autry as Hollywood's top cowboy when Autry left to serve in World War II.
"He often considered himself the baby sister of three generations of children while they watched his movies on Saturday afternoons," said Alex Gordon, who met Autry 52 years ago and later became his director of licensing.
"And these weren't just bang-bang.
shoot 'em-up Westerns. He always wanted to put a moral in the story," he said.
Autry popularized the musical Western in 91 movies from the 1930s to the early '50s. Autry's ventures into movies, music, radio, TV and broadcasting were major successes.
Autry hung up his performing spurs in 1956, but continued to own four radio stations, the Gene Autry Hotel in Palm Springs, and several other properties. In 1982, he sold Los Angeles television station KTLA for $245 million.
He ranked for many years on the Forbes magazine list of the 400 richest Americans, before he fell in 199 to the magazine's "near miss" category with an estimated net worth of $320 million.
Although he owned the Anaheim Angels for more than three decades, the baseball franchise never won a pennant, a major disappointment for one of the sport's biggest fans.
"He knew the singing cowboy had pretty much died out by 1854, and
that's when he moved on to other things," said James Nottage, vice president and chief curator of the Autry Museum of Western Heritage in Griffith Park, Calif.
ble exception of riding a bull, is the most uncertain way to make a living I know," Autry wrote in "Back in the Saddle Again," his 1978 autobiography.
Autry: Made 91 movies from the 1930s to the '50s.
"In either case, you can get bucked off, thrown, stepped on, trampled
if you get on at all. At best, it is a short and bumpie ride. It isn't easy to explain why you keep coming back. But you do," he said.
Born in Tioga, Texas, on Sept. 29,
1907, Autry was raised in Texas and
Oklahoma. By age 5, he was singing
in his grandfather's church choir.
He bought his first guitar from a
mail order catalog for $5 when he
was 12.
Humorist Will Rogers encouraged Autry to try his luck in radio. He soon became a hit at a local radio station and landed a recording contract with Columbia Records in 1929.
He is survived by his wife, Jackie,
and a sister. Veda.
"He truly was a star in the golden days of Hollywood. So often, we've caught ourselves humming 'Back in the Saddle Again,' a song that will always bring back warm memories of Gene," said former President Reagan and his wife, Nancy. "He put his heart and soul into every project he worked on, and there will never be another one like him."
Impeachment inquiry causing party conflict
The Associated Press
WASHINGTON — On the eve of House Judiciary hearings into possible impeachment proceedings against President Clinton, chairman Henry Hyde said yesterday the Senate so far does not have the two-thirds majority necessary to remove the president from office.
Clinton:Impeach inquery could be finished by 1999
Hyde also said
he hopes to finish
his impeachm en t inquiry by year's end but won't accept Democ ratic demands for limits on the investigation.
"You know how New Year's resolutions sometimes get broken, but it's my hope and prayer that we could finish by New Year's," the Illinois Republican said.
Hyde's committee meets tomorrow to take up a GOP resolution recommending an open-ended inquiry into whether Clinton's behavior merits impeachment. The Democrats will offer a separate version that would put a deadline on the inquiry and limit it to the Monica Lewinsky affair, but it is likely to be defeated.
Yesterday Hyde again rejected the Democratic demands. He even said he might, if necessary, be willing to expand the inquiry beyond Independent Counsel Kenneth Starr's report to Congress.
"We are not seeking that. We're not out trolling for additional issues. But if they come to our attention we will deal with them." he said.
The Judiciary Committee anticipates no more material from Starr, Hyde said
Hyde, who appeared on NBC's Meet the Press and Fox News Sunday, added: "We don't feel bound by Ken Starr."
rhyde mentioned as possible extensions Whitewater, Filigate, Travelgate and Clinton's relationship with former White House volunteer Kathleen Willey and said his committee will look at a report being put out this week by a different House committee on alleged White House campaign fund-raising violations. "We don't want to shut our eyes or use tunnel vision," he said.
At the same time, Hyde admitted that if the House votes to impeach, or indict, the president, the 67 votes required in the Senate to remove him from office are not there. "They won't do that until the American people move, and they have to move from where they apparently are if the polls are true." Hyde said.
Democrats generally were skeptical the inquiry could end this year so long as Republicans can introduce additional issues damaging to the president.
"If all you do is Lewinsky, you can't make that last more than a
Hyde: Senate does n't have enough votes to impeach.
couple of months," Rep. Barney Frank, D-Mass., a committee member, said on ABC's This Week with Sam Donaldson and C o k i e Roberts. "What I am afraid
are going to get is an impeachment in search of a high crime."
House Democratic leader Dick Gephardt of Missouri indicated he will vote against the GOP inquiry resolution when it gets to the floor this week. "I don't want to authorize a two-year, open-ended fishing expedition into everything under the sun," Gephardt said.
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