Search the Archive

Economy: Stock Market / Jobs #1004295

CBS Evening News for Friday, Aug 05, 2011
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Scott Pelley) The drop in unemployment cited; Stock Market Report; graph shown.

(Chicago: Anthony Mason) The employment situation examined; statistics on jobs added and lost and unemployment cited. [MF Global John BRADY†- says the US economy continues to add jobs.] [Mesirow Financial economist Diane SWONK††- says the risk of a double dip recession went down with today’s employment numbers.] [Unemployed Lorraine CHAVEZ‡- says underemployment is not survival.] The rally in the stock market with news the European Central Bank was intervening to help Italy and Spain discussed.

(Studio: Scott Pelley) Report introduced.

(London: Elizabeth Palmer) The economic crisis in Europe featured; scenes shown of angry crowds fighting with police in Spain over unemployment. [IG Index chief market strategist David JONES†- says the debt crisis always seems to be a couple steps ahead of the politicians.] [BGC Partners senior strategist Howard WHEELDON†- notes the impact on the US.]

(Studio: Scott Pelley) Graph showing average weeks of unemployment since 1948 shown. President Obama’s remarks at the Washington Navy Yard noted. [OBAMA – comments on the divisive debate over the US debt crisis.]

(Studio: Scott Pelley; Washington: Bob Schieffer) The partisanship in Washington and the unemployment rate discussed. The lineup for “Face the Nation” noted.

Pelley, Scott;
Mason, Anthony;
Palmer, Elizabeth;
Schieffer, Bob

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.