Eric Pedroza News Today

A San Angelo convict will be spending his Thanksgiving in a Texas prison cell.

this is the "cbs evening news" with scott pelley reporting from los angeles >> pelley: good evening. on the day that president said he will redouble his efforts to create jobs, were reporting from one of the nations hot spots for unemployment. the jobless rate in california is nearly 12%, but when you add in those people who are forced to settle for part-time work, the number rises to 21.8%. more on that in just a moment. but first, the white house announced that president will go on a...

>> pelley: good evening. on the day that president said he will redouble his efforts to create jobs, were reporting from one of the nations hot spots for unemployment. the jobless rate in california is nearly 12%, but when you add in those people who are forced to settle for part-time work, the number rises to 21.8%. more on that in just a moment. but first, the white house announce that president will go on a listening tour this month to hear peoples concerns about unemployment. heres...

what has investors so worried. >> reporter: scott, the market had to climb out of a 160-point hole to barely escape its ninth straight losing session. that would have been the longest losing streak since 1978. more than a trillion dollars in stock value has been wiped out in less than two weeks. it was another volatile day on wall street as veteran traders like ted weissenberg see increasing signs the economy is faltering. >> and so investors are simply saying,un what? i dont have a lo...