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Economy: Recession #926737

CBS Evening News for Tuesday, Dec 09, 2008
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(Studio: Katie Couric) Findings of a CBS News poll on a financial industry bailout, the job market and holiday spending cited.

(New York: Kelly Wallace) The economic downturn that small cities have been experiencing for years featured; Census Bureau data on poverty levels, unemployment and the jump in the Hispanic population in Elmont, New York, cited; details given about job losses for the auto industry. [Milledgeville, Georgia, Mayor Richard BENTLEY†- comments on reduced incomes after a plant shutdown.] [New York University professor of urban planning Mitchell MOSS†- says the immigrant labor force may be the saving grace for these small towns.] [MAN – says the population has changed for the best.] NOTE: technical problem.

Reporter(s):
Couric, Katie;
Wallace, Kelly
Duration:
00:02:50

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