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Economy: Jobs / Auto Industry #923251

CBS Evening News for Friday, Nov 07, 2008
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(Studio: Katie Couric) Report introduced.

(Studio: Anthony Mason) The harrowing October jobs report examined; statistics on job losses cited; scenes shown from a job center and a food bank in Rhode Island, which has the highest state unemployment rate. [Standard and Poor’s David WYSS††- predicts the situation will get worse.] [Unemployed Jacalyn HIRSTY†- comments on her situation.] [Jonnycake Center Of Peace Dale director Susan GUSTAITIS†- says folks have nowhere else to turn.]

(Studio: Katie Couric) The quarterly losses for Ford and GM cited.

(Detroit: Cynthia Bowers) The crisis in the auto industry examined; statistics on the cash burn, job cuts and sales cited; details given about the request for a loan from the big 3. [Little Joe’s Coney Island manager Nick FETAHU†- worries about losing his customers.] [WOMAN – reacts.] [General Motors CEO Rick WAGONER†- says we have no plans other than to run the business.] [2953 Analytics auto analyst Jim HALL†- notes if a car company goes under it will have a devastating effect on consumer confidence.]

Couric, Katie;
Mason, Anthony;
Bowers, Cynthia

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