CBS Evening News - 2008-02-01

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Read a transcript preview of “CBS Evening News - 2008-02-01” from malgent, uploaded on 2025-02-01.

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Language: English (original, YouTube automatic captions)

[0:01] [Music]

[0:02] tonight the president sees troubling

[0:04] signs for the economy serious signs that

[0:08] um that we uh that the economy is

[0:10] weakening according to the latest

[0:12] figures thousands of jobs lost I'm Katie

[0:16] krik also tonight remember what they did

[0:18] at the State of the

[0:21] Union they applauded the president's

[0:23] Crackdown on earmarks but how many of

[0:26] their own pet projects did they fund

[0:28] will follow the money

[0:31] and Steve Hartman gets just a little off

[0:33] the top don't worry about it and he's

[0:36] very

[0:40] grateful this is the CBS Evening News

[0:44] with Katy

[0:46] kurick good evening everyone one by one

[0:49] the numbers are pointing to an economic

[0:51] slowdown and today the numbers came from

[0:53] the labor department they show the

[0:55] unemployment rate actually fell a bit as

[0:57] workers left the labor force some

[0:59] perhaps giving up on finding a job but

[1:02] here's the really troubling number the

[1:04] economy lost jobs for the first time in

[1:06] 52 months here's Anthony

[1:09] Mason for the sputtering economy

[1:12] January's job losses are an ominous road

[1:15] sign it's very unusual for the economy

[1:17] to lose jobs it only happens during

[1:19] recession so the fact that we lost jobs

[1:20] is very symbolic it suggests that the

[1:22] economy is in recession the economy did

[1:25] add service jobs and jobs in the retail

[1:28] sector but that growth was offset by

[1:30] more job losses in manufacturing and

[1:33] construction last month President Bush

[1:35] has avoided uttering the RW but today he

[1:38] used his strongest language yet there

[1:41] are certain certainly some troubling

[1:43] signs there's serious signs that um that

[1:47] we uh that the economy is w

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