Jobless Rate Becomes an Issue
The Democratic majority of the Joint Economic Committee yesterday accused the administration of complacency over the prospect of continued unemployment rates above 5 per cent.</br></br>It said the administration should adopt an interim goal of reducing unemployment to 4 per cent before the end of 1973 ÛÏor offer a clear explanation of why it is inappropriate.Û	.</br></br>To reduce unemployment toj 4 per cent, the committee ma-j jority said, in a mid-year re-| view of the economy, the: United States would have to adopt policies designed to.</br></br>The Democrats denounced ! administration calls for a $250 ÐÊbillion spending ceiling, argu-|ing that Û÷Û÷recovery must not .be choked off by premature I moves toward monetary and I fiscal restraint.Û</br></br>I The Republican minority! on the committee, by contrast, extolled the ÛÏstrengthÛ jof the nationÛªs economic performance over the past six 'to nine months.