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Economy: Recession #1027548

CBS Evening News for Friday, Jul 27, 2012
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(Studio: Scott Pelley) Economic growth rate and job growth figures cited.

(Studio: Rebecca Jarvis) The slow growth of the economy examined; details given about weak consumer spending; scenes shown from a New York job fair; statistics on jobs created, jobs lost and findings of a CBS News/"New York Times" poll on the economy cited. [Economist Diane SWONK††- notes the high risk of a second recession.] [Job seeker Richard BURGHARD††- comments on his job search.] [Arlington Heights, Illinois resident Dawn BOMBICINO††- says you learn how to cut back.] The rise in the stock market and the impact of Europe‚Äôs debt crisis discussed.

Pelley, Scott;
Jarvis, Rebecca

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