European Stars And Stripes (Newspaper) - January 9, 1988, Darmstadt, Hesse                                Page 4 the stars and St filpes saturday january 9,19b8 december jobless rate dipped to 5.8% a n december. In in i is since july 17. Inc labor do parian Cut and Friday. The Economy was bolstered b the creation of .1 of Ilion new jobs last year  the report. Sow 135.000 americans found Nark in december raising Iota employment i 115.5 million and dropping the jobless Rale 0,1 percentage Point from Novom Bur the department mid unemployment Rale. In another positive sign for the escort imy. Inc Nalion s largest retailers reported thursday that the Christmas buying season turned out better than expected. Separately. Inc Federal Reserve re ported from Washington that consumer borrowing slowed inc month after inc crash rising at a 4.j percent annual rate compared Wilh a i.2 percent Rale in october. Consumer spending accounts for about two thirds of . Economic Cliv jux Jayc a or a meanwhile the number of sex add discouraged worker those who have Given up inc search for a Job in the belief they could not find one my by 72.000 in  in the found Quarter of 1987. The workers Are not counted in inc Nual profit. Many retailers and Wall Street analysts had feared this would be a dismal Christmas even before the Stock Market collapse wiped out $500 billion in wealth in a single Day. Consumer had spent sluggishly for much of in and Scono Mise fun casts of a further slowdown following the crash heightened Trie con Cern. Hut those fears helped retailers bring in business via earlier markdowns and promotions analysts said. Monroe h. Gursc Stcin an analyst with Bear steams &. Co., estimated Over All sales were up More than h percent from december 1986. Scar. Roebuck and co., the Nalion s largest retailer reported ils Sale Rose 4,9 percent in december Over the same Mon Jiff 1986. Among other major retailers no. 1 k Man corp. Reported comparable store sales sales at stores open a year or More were up s.7 percent in Decem Ber . 1 Cnancy co. Said ils december comparable store sales Rose b.6 percent and Wal Mart stores inc. Said ils Compa Rable store sales Rose 12 percent in de Cember. The fed credit report indicated con Sumers look out s2.il billion More in instalment or Ceil than they paid off in november compared with growth of j2.bs billion in october. Consumer credit spurred by a Boom in Auto sales in response to Lai Mummer dealer incan lives grew at a 12.9 percent Rale Iti september and by 10.2 percent in August. Economists said consumer credit generally had slowed throughout 1987 As americans already saddled with Large amount of debt Cut Back their borrow ing. In other economic news on thursday the Dollar moved higher in us. Trading extending its we Klong rally and pulling Slock paces up with it. The Dow Jones average of 30 industrials Rose 1409 to 2,0 1.89, bringing its 1988 Rise 10 113.06points. Fur inn presidency Are required i crisscross the ii entry in search a Fulcs and primary ill Toralti. Left vice Pinsl candidates on a quest Deal cd ref Bush blk Nirh students to a. Of Ato air i Connie Furr dec a from re lev ii leh school during i press Peck i Cheek from  can  Lii Day in pcs molten did it cure Hart in Marlu slur n.u., at his win. Lev Miks err. Hart Nul a in t hunks for an Vitro Larne Binil of cat meal. Report predicts . Deficit to hit $167 billion washin01xjn a the Federal Nuti deficit in the net fiscal year could i Mallonn of slb7 billion 551 billion out llii1 ceiling si1 by law1, according of economic for Cousis a unlined in a published report Friday. Tic a Cali in for mute Federal spending in cd cd tin including  Milliun More to Tumir poor Youn Gilcris and 3 la Bicak for parents who use . Savings Bonds for their children s Collee tuition administration sources Saint 1 Hundy. Milit being re Bufill last year in an Ai Iottini a slash education funding ii Prii Dent pitl ask con grab fora record Educa Tion i pan Meni Budge of nearly Jii billion for fiscal i to. The sources who insisted on anonymity said thursday. The l Deucalion by decl which was under 515 billion when Keagan took of fice has been growing on a lid of bipartisan congressional support in ret int years. It was fined a i 521. I billion for fiscal Wixs in the budget Compromise Congress enacted two weeks ago. Thai represented a $6jo million gain Over fisal 1987, and s6.i billion Mare than Reagan requested for the depart my Judi one year ago. The sources who disclosed the fiscal 1�bv Lar pc Aid thai in some inti into he office of management and budget apr use spending Levels higher than s Ary of education William j. In a.". Iliad requested. According to an overview ubin ined thur Vav by the associated press the Reagan Ludeel will include a request for a j300 million increase in the depart men s  billion chapter one pro Gram anal pass fur remedial instruction Tor poor youngsters. The bomb document says the increase in the 19b9 by decl will allow males and localities to serve More children provide More intensive sen ires or create new  but ii administration will try again to Cut 5116 Milliun from inc j70b Mil lion Impact Aid program which compensates Public Schikel districts for educating children whose parents live or work on Federal bases or i Marla Lions