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Unemployment continued to rise in 1982 as recession deepened

in the automotive industry had already taken place be-fore 1982.' These continued and were joined by job cur-tailments in aircraft, shipbuilding, and railroad equip-ment. As a consequence employment declines in overall transportation equipment totaled almost 180,000 from its fourth-quarter 1981 level to its lowest level since 1962.

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Transcription of Unemployment continued to rise in 1982 as recession deepened

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