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It reports unemployment rates by education level and age, contrasts unemployment by schooling attainment, and notes broad labor-market differences. Subsequent sections discuss food retail costs in 1964, state and local tax levels and their geographic ranking, and business activity expectations into March 1964, including employment and production trends.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/education-and-unemployment-key-indicators-and-related-economic-topics/322791/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/education-and-unemployment-key-indicators-and-related-economic-topics/322791.png","ImageObject",300,407,{"name":92,"@type":93},"Riley","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-22","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":29},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"How does schooling relate to unemployment rates in 1962?","Question",{"text":112,"@type":113},"Unemployment approximated 8.8% for those with less than 8 years of schooling, versus 2.6% for people with one year of college or more.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What factors were cited for changes in retail food costs in 1964?",{"text":117,"@type":113},"Economists expected retail food costs would not rise much in 1964, citing last year’s 3% increase as linked to the Florida freeze, which reduced citrus and winter vegetables and raised sugar prices.",{"name":119,"@type":110,"acceptedAnswer":120},"What does the document say about consumer financial behavior in the fourth quarter of 1963?",{"text":121,"@type":113},"It states that consumer income, taxes, and all expenditures except nondurable goods rose in the fourth quarter of 1963, with disposable personal income increasing less than personal income due to larger tax effects.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},322791,1790072821,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":29,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":19,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":52,"preview_page_count":4},1374391975076,"https://ap-avatar.wpscdn.com/avatar/14000253ca4ec9f6853?x-image-process=image/resize,m_fixed,w_180,h_180&k=1783305029341752051","# EDUCATION AND UNEMPLOYMENT\n\nMore education,less unemployment is generally the case for both theyounger and older members of the labor force and for male andfemale workers.According to Bureau of Labor Statistics estimates,the rate of unemployment in March 1962 approximated 8.8%for thosewith less than 8 years of schooling,more than three times the rate forthose with one year of college or more(2.6%).At that time the overallrate of unemployment was 6.0%.  \nWorkers over 24 years of age had a lower rate of unemployment thanthose in the 18 to 24 year age group.Little differences existed betweenmale and female workers by educational levels.  \n# PRICE OF FOOD IN 1964\n\nRetail food costs probably won't go up much in 1964,say economists inthe U.S.Department of Agriculture.Last year's 3%cost increase wasdue to the Florida freeze,which resulted in reduced supplies of citrusfruits and winter vegetables,and an increase in sugar prices.  \n# STATE AND LOCAL TAXES\n\nState and local taxes in 1962 averaged $223 for each person in theUnited States,an increase of more than 66%since 1953.The totalstate and local tax-take was more than $41 billion.  \nTaxes varied from a high of $309 per person in New York to a low of$132 in Alabama.Ranking behind New York were California($304),Nevada($273),Massachusetts($271)and Connecticut($257).  \nState and local taxes increased faster in Delaware than in any otherstate,rising 130%since 1953.The smallest percentage increase was inNew Hampshire,where state and local taxes rose 29%  \n# BUSINESS ACTIVITY\n\nProspects for increased business activity continue highly favorable.Ex-pectations of businessmen for increased sales and new orders suggesteven more bounce than their present robust pace.Consumer confi-dence in the future gained new strength early in 1964 reflecting inpart the expected tax cut and in part the thought that government  \nMARCH 1964  \nBUSINESSMEN'SEXPECTATIONSTOTAL MONTHLY SALES SALES OPTIMI8M INDEX  \npolicies would not adversely affect business activity.As a corollary,it may be anticipated that there will be a moderate increase in thenumber of employees,perhaps some increases in inventories and inprices during 1964.  \nIndustrial production in January was 127%of the 1957-59 average,thesame as in the preceding three months.Auto assemblies declinedsomewhat but were 8%above a year earlier.Output of other consumerdurable goods rose further.Production of most types of businessequipment changed little,and altogether output of final products wasunchanged.Output of materials also was stable in January,althoughproduction of iron and steel continued to rise.In early February steelingot production advanced slightly further.  \nNonfarm employment increased 87,000 in January to 57.8 million.Em-ployment increased in trade,services,and State and local governmentbut declined appreciably in construction.In manufacturing,employ-ment changed little and the average workweek was down slightlyfrom December but was the same as a year earlier.The unemploy-ment rate was 5.6%compared with 5.5%in December.  \nAfter rising 2.5%in December,retail sales changed little in January.Sales were off at department stores and most other major outlets fornondurable goods but were unchanged at durable goods stores.Newcar sales declined somewhat from December but were equal to thehigh rate for the fourth quarter as a whole.  \n# TEENAGE INCOME\n\nStudy for 'Teen magazine showed that 63%of readers receive allowanceaveraging $2.43 per week,85%work part-time for money at an averagerate of $.60 per hour.Average amount of time worked is 5%hours perweek and average earned income is $3.30 per week.  \nAt age 13,some 88%receive $.50 per hour or less,9%between $.51 and$.99 and 3%receive $1.00 or more.By age 17 the proportion in eachof these rate-per-hour groups is about equal.  \n# PERSONAL INCOME\n\nPersonal income increased to a seasonally adjusted annual rate of $478.7billion in January,up $2.7 billion from December.  \nJanuary income flow was affected by two","cbCaigps6GTXlQyl","https://ap.wps.com/l/cbCaigps6GTXlQyl","pdf",1330960,"English","# EDUCATION AND UNEMPLOYMENT\n# PRICE OF FOOD IN 1964\n# STATE AND LOCAL TAXES\n# BUSINESS ACTIVITY\n# TEENAGE INCOME\n# PERSONAL INCOME\n# CONSUMER FINANCIAL BEHAVIOR","[{\"question\":\"How does schooling relate to unemployment rates in 1962?\",\"answer\":\"Unemployment approximated 8.8% for those with less than 8 years of schooling, versus 2.6% for people with one year of college or more.\"},{\"question\":\"What factors were cited for changes in retail food costs in 1964?\",\"answer\":\"Economists expected retail food costs would not rise much in 1964, citing last year’s 3% increase as linked to the Florida freeze, which reduced citrus and winter vegetables and raised sugar prices.\"},{\"question\":\"What does the document say about consumer financial behavior in the fourth quarter of 1963?\",\"answer\":\"It states that consumer income, taxes, and all expenditures except nondurable goods rose in the fourth quarter of 1963, with disposable personal income increasing less than personal income due to larger tax effects.\"}]","EDUCATION AND UNEMPLOYMENT - Key Indicators and Related Economic Topics | PDF",1789963560]