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Economy: Holiday Shopping / Jobs #986585

CBS Evening News for Thursday, Nov 25, 2010
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(Studio: Jeff Glor) Statistics on Thanksgiving Day shoppers for 2009 cited. NOTE: Local weather bulletin on screen.

(New York: Seth Doane) The holiday shopping kick-off reviewed; quarterly profits for Sears, Best Buy and Big Lots and consumer spending statistics cited; graph of holiday sales growth shown; details given about the market for high end products. [2 SHOPPERS – comment.] [Sears vice president Tom AIELLO†- comments on staying competitive.] [Retail analyst Dana TELSEY†- describes the Black Friday mood for retailers and consumers.] [Jewelry store owner Mark TAPPER††- says people seem excited to come back and shop.] [Bloomingdale’s WORKER – says the customer is excited to shop at all price points.]

(Studio: Jeff Glor) Unemployment figures cited.

(Los Angeles: Ben Tracy) The increase in the hiring of temporary workers featured; statistics on holiday jobs cited; details given about which companies are hiring. [Holiday worker Victoria MORALES††- comments.] [Moody’s economy.com Mark ZANDI†- says stock prices are up and house prices have stabilized.] [Challenger, Gray and Christmas John CHALLENGER†- says competition is stiff.]

Reporter(s):
Glor, Jeff;
Doane, Seth;
Tracy, Ben
Duration:
00:05:30

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