The Archive · 1938

U.S. Unemployment

Decreases Washington, Dec, 12, The American Federation of Labou reported today that its surveys show that unemployment declined by 90,000 during the month of November. thereby continuing a steady decrease that began last July, Unempleyment dropped from 10,465,000 in October to 10375,000 in November; the report said. The gute was the lowest so far this year.

'The year's highest point in number of unemployed was in July, with Hagsat' men out of work—United Federal Reserve Bank Branches Peiping, Dee. 12.

The Federal Reserve Bank of China {is contemplating the establishment of branches at Paoting. Changteh in Honan, Tatung and "Linfeng Shansi, according to Chinese reports.

The issue of the small-denomination notes of one cent, two cents and five cents, which was to take place on December 3, has been postponed to the end of December" because those already printed are said to be Insumelent to meet the demand of the general publie—Reuter, U.S, Production

Text read from the printed page and cleaned; old type leaves the occasional error.

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