Transcript 4038
F76/ 14
FOR PRESS 31 January 1976
INDEXATION AND EIPLOYD4ENT
The Government took its decision yesterday because it
is vastly concerned about employment and the need to provide
opportunities for those who are out of work, and especially
for those seeking their first jobs.
The number of unemployed will inevitably rise this month,
a s has been widely predicted.
The Government had the unpleasant task of choosing between
the full application of wage indexation and policies which are
designed to curb inflation and to enable. industry to start