Why a surge in long-term unemployed workers is ringing alarm bells
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
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The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Roughly 42% of younger working adults — spanning Gen Z, millennials and Gen X — report having no money left over after covering their daily expenses.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Overall grocery prices in August 2025 rose 2.7% compared to one year ago, according to the U.S. Bureau of Labor Statistics Consumer Price Index.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
The latest employment data could inform the Federal Reserve's next rate decision meeting, set for Sept. 17.
Most Americans say prices are going up and expect them to keep going up.
The number of immigrant workers has declined from January through the end of July, preliminary Census data shows.
A 2025 analysis from Edmunds reveals that nearly 20% of new car buyers are committing to monthly payments of $1,000 or more.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Families are shopping early for school supplies and scouting for discounts amid concerns about the potential impact of tariffs.
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many households.
Canadian regulators once again ordered union leaders to end Air Canada's work stoppage on Monday, while employees remain defiant.
President Trump has extended a temporary truce in the U.S.-China trade war, preventing tariffs on China from leaping to at least 80%.
Michigan's governor met privately with President Trump to urge him to change course on tariffs that are having a big impact on automakers in her state.
The U.S. officially began levying higher tariffs on dozens of countries, just as the economic fallout of President Trump's months-long tariffs threats was beginning to create visible damage to the U.S. economy.
The advent of AI in the workplace is one factor behind a spike in layoffs this year, new labor data shows.
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
President Trump said he ordered his administration to fire Bureau of Labor Statistics Commissioner Erika McEntarfer after the July jobs report.
The Trump administration said new tariff rates on most U.S. trading partners will go into effect on Aug. 7. Experts believe the fees will also be felt at home. John Lawrence explains.
According to the Oakland County Sheriff's Office, authorities recovered a .177-caliber revolver-style BB gun in the student's backpack.
Data show that attendance during the 2025-2026 school year increased by 0.2 percentage points to 91.5%.
With heavy rain in the forecast on Saturday night, the White Sox have moved up their game against the Detroit Tigers.
The Detroit Board of Police Commissioners voted Thursday to express confidence in Chief Todd Bettison.
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
The Michigan Supreme Court issued the order Thursday in People v. Ethan Robert Crumbley, the Oxford High School shooter serving life without parole for the 2021 attack that killed four students.
Michigan's gas and diesel prices have risen noticeably every day this week, with gas prices inching closer to $5 a gallon and diesel prices continuing to set records, AAA says.
According to the Oakland County Sheriff's Office, authorities recovered a .177-caliber revolver-style BB gun in the student's backpack.
Temple Israel, a Detroit-area synagogue, has spent the last six months rebuilding after a terror attack destroyed parts of the building.
Data show that attendance during the 2025-2026 school year increased by 0.2 percentage points to 91.5%.
Tony Stewart Racing unveiled a special Dodge livery on Tuesday at Stellantis' North America headquarters in Auburn Hills, Michigan.
The spike in prices has also sparked differing opinions among drivers about who's to blame.
A Ford contract employee was taken to a hospital following an incident on Monday morning at the Michigan Assembly Plant in Wayne, Michigan.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
If you're looking for sunshine in Metro Detroit, Friday is the day to seek it out.
Stevie Wonder's shows at the Fox Theatre sold out, with some tickets listed for thousands of dollars. That's raising questions about what Michigan's "Taylor Swift" ticket law actually protects fans from.
The list of 50 restaurants is made from a team of 16 scouters who travel the country and try food at all kinds of places, according to the NYT.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Dearborn Mayor Abdullah Hammoud told rapper Macklemore he's "always welcome in Dearborn" after venues on Ed Sheeran's stadium tour refused to include him.
The Michigan Supreme Court issued the order Thursday in People v. Ethan Robert Crumbley, the Oxford High School shooter serving life without parole for the 2021 attack that killed four students.
Democratic Sen. Elissa Slotkin urged President Trump to make this issue a "centerpiece of your talks with President Xi."
Temple Israel, a Detroit-area synagogue, has spent the last six months rebuilding after a terror attack destroyed parts of the building.
The Pentagon on Friday released a new group of files about unidentified anomalous phenomena, or UAP or UFOs, including a batch of documents regarding a mysterious military program studying aerospace threats.
Josh Allen and the Bills put on a show in a 41-31 win over the Detroit Lions in the first regular-season game at Highmark Stadium.
Thursday marks one year since Michigan Medicine ended gender-affirming care for young patients
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
The school immunization waiver rate climbed to 7.1% last year from 6.2% in 2024, the fifth straight year of decline and the highest exemption rate since 2010. Michigan is now outpacing the national average.
The standardbred-Friesian mare is currently undergoing treatment and is believed to be unvaccinated, according to state officials.
A new four-legged team member is already making an impact on students at Polk Elementary School in Dearborn Heights.
With heavy rain in the forecast on Saturday night, the White Sox have moved up their game against the Detroit Tigers.
Josh Allen and the Bills put on a show in a 41-31 win over the Detroit Lions in the first regular-season game at Highmark Stadium.
Munetaka Murakami hit his team-leading 32nd home run as the Chicago White Sox tied with Cleveland for first place in the AL Central with a 3-1 win over the Detroit Tigers.
There are several ways fans can watch and stream Thursday's game.
An NCAA football committee says that while it cannot overturn Western Michigan's loss to Michigan earlier this month, it acknowledges the game would have had a different outcome if replay protocols were followed.
At the top of the list is the open U.S. Senate contest between Democrat Abdul El-Sayed and Republican Mike Rogers.
The Detroit Regional Partnership, which has been around for six years, has been a significant catalyst, helping bring numerous jobs and companies to the region.
The roundtable talks politics, civility and issues that will resonate this fall in various elections.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
Rain moves in for the weekend. NEXT Weather Meteorologist Karen Carter explains when we'll see the heaviest rain showers.
The Detroit Board of Police Commissioners voted Thursday to express confidence in Chief Todd Bettison. The vote came while Bettison remains under investigation by the Office of Inspector General after he asked an activist to remove old photos of now-Mayor Mary Sheffield with a former boyfriend.
For this week's Fall Fridays series, CBS News Detroit is talking to families returning to the Franklin Cider Mill in Bloomfield Hills.
Detroit photographer Montez Miller is gaining attention for what could be the first wedding portrait taken on the new Gordie Howe International Bridge.
Melanee Radner, owner of Franklin Cider Mill in Bloomfield Hills, talks about the family-owned mill dating to the 1830s.