July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
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Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Layoffs have plunged this year. "Recently laid-off workers are finding jobs as fast as the economy is creating new ones," one economist said.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
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.
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.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Hiring rebounded in March, signaling that the labor market remains resilient despite stronger economic headwinds.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
A Northern California lawmaker has introduced a proposal seeking to regulate artificial intelligence used to manage employees in the workplace, including a ban on using software to hire and fire employees without human oversight.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
America's lucrative job market of recent years is gone. Enter America's top job creator: The health care industry.
For people who have completed their prison sentences, one of the best ways for them to stay out is to find a stable job. An East Bay program helps set up former inmates for success after release.
The once red-hot job market has cooled significantly. Max Darrow reports. (8-3-24) Website: http://kpix.com YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: http://www.facebook.com/CBSSanFrancisco Instagram: http://www.instagram.com/KPIXtv Twitter: http://twitter.com/KPIXtv
The state Supreme Court upheld Proposition 22 Thursday, allowing so-called gig economy workers to keep status as independent contractors. Anne Makovec reports. (7-25-24)
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
Water temperatures in Southern California, from San Diego to Santa Barbara, have been in the mid-70s, which is anywhere from 5-10° above normal.
The crash happened around 12:40 a.m. on Interstate 505, just south of Putah Creek Road, when a Vallejo man began traveling the wrong way and crashed into a vehicle, according to the CHP.
Firefighters were called around 10:30 p.m. to a multi-residential building that had smoke coming from the fourth floor. Four residents were rescued from the fourth floor, and the fire was under control by 10:45 p.m.
California adoptees are pushing for a bill that would give them access to their birth certificates, which are currently sealed by the state when adoption is finalized.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
Water temperatures in Southern California, from San Diego to Santa Barbara, have been in the mid-70s, which is anywhere from 5-10° above normal.
The crash happened around 12:40 a.m. on Interstate 505, just south of Putah Creek Road, when a Vallejo man began traveling the wrong way and crashed into a vehicle, according to the CHP.
Firefighters were called around 10:30 p.m. to a multi-residential building that had smoke coming from the fourth floor. Four residents were rescued from the fourth floor, and the fire was under control by 10:45 p.m.
Firefighters were called around 10:30 p.m. to a multi-residential building that had smoke coming from the fourth floor. Four residents were rescued from the fourth floor, and the fire was under control by 10:45 p.m.
Among those missing is a 48-year-old Milpitas father who works as an engineer for Santa Clara-based tech company Everpure, Inc., formerly known as Pure Storage.
Cecilia Chung always knew she was different, but she didn't always know how to express it.
Pokémon fans from across the country and around the world are pouring into San Francisco this weekend for the largest Pokémon World Championships in the event's history.
A San Francisco jeweler lost hundreds of thousands of dollars worth of her handmade pieces, along with family heirlooms that have been passed down for generations.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
Fans of some of Hollywood's most iconic movies lined up outside legendary filmmaker Phil Tippett's Berkeley studio Friday, hoping to take home a piece of movie history.
A man who was arrested and jailed in connection with a deadly stabbing spree in Oakland earlier this week has refused to appear in court for his arraignment, officials said.
Two people were found dead inside a home in Pleasanton in what police believe is a possible murder-suicide.
Police in Oakland made an arrest and recovered a weapon after officers said a woman was kidnapped in East Oakland on Tuesday.
A woman died after she was found inside a home with at least one stab wound, police said.
A lengthy stretch of Highway 1 on California's rugged Big Sur coastline is closed Friday, as firefighters continued to battle two growing wildfires.
Authorities on Thursday announced the arrest of a teenage suspect in connection with a mass shooting at a party in Morgan Hill last month that killed one person and injured six others.
Bay Area air quality regulators are ordering the landfill to take new steps to reduce the odor and better monitor emissions.
A red flag warning has been issued for the Santa Cruz Mountains and Central Coast beginning Friday morning amid concerns about potential lightning and strong winds.
A woman driving a vehicle stolen in Santa Rosa led California Highway Patrol officers on a high-speed chase on Wednesday before she was taken into custody.
A San Francisco Bay Area man has been found not guilty of murder but was convicted of other charges in connection with the fentanyl overdose death of a teenager.
Authorities in Napa County have charged a man for allegedly setting the 2025 Pickett Fire near Calistoga, which burned thousands of acres of Wine Country and ruined grape harvests.
A toddler choking on a grape was saved by a Vallejo police officer who dislodged it from the child's throat over the weekend, the department said on Wednesday.
One year after a deadly apartment fire in San Rafael killed two women and two cats, the investigation into what happened remains ongoing, with the victims' families still waiting for answers.
The Valkyries are 11-7 in Western Conference play. Golden State leads the Western Conference, allowing just 75.6 points per game while holding opponents to 41.9% shooting.
Micah Ford scored his third touchdown on a 2-yard run with 1:41 to play and Stanford rallied after nearly blowing a 16-point lead in the fourth quarter to beat Hawaii 37-27 in the first game under new coach Tavita Pritchard.
Lars Nootbaar hit a pinch grand slam in the seventh inning and Merrill Kelly threw seven shutout innings to help the Arizona Diamondbacks beat the San Francisco Giants 7-1 on Saturday in the first game of a day-night doubleheader.
Lars Nootbaar homered to center on the first pitch of the game and had three of Arizona's 12 hits to help the Diamondbacks beat the San Francisco Giants 10-6 on Friday night.
Las Vegas rookie quarterback Fernando Mendoza saw what it was like Thursday night to face a strong NFL pass rush even against a San Francisco defense comprised of reserves.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
The crash happened around 12:40 a.m. on Interstate 505, just south of Putah Creek Road, when a Vallejo man began traveling the wrong way and crashed into a vehicle, according to the CHP.
A woman died after she was found inside a home with at least one stab wound, police said.
A woman driving a vehicle stolen in Santa Rosa led California Highway Patrol officers on a high-speed chase on Wednesday before she was taken into custody.
A San Francisco Bay Area man has been found not guilty of murder but was convicted of other charges in connection with the fentanyl overdose death of a teenager.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
In a nearly 6,000-word essay, Gates argues that artificial intelligence poses a mounting threat to U.S. workers.
A plant in Southaven, Mississippi, that powers Elon Musk's SpaceXAI data centers in the area has sparked backlash from residents concerned about noise and air pollution.
Users chat with an AI chatbot about what they're looking for, and Ditto handles the rest.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Multiple unpermitted street food vendors in Fairfield were cited for violations last week after inspections found them selling food unsafe for public consumption, authorities said.
After weeks of uncertainty, students at Richmond's John F. Kennedy High School will start their classes on schedule after weeks after toxic chemicals were found underneath the campus.
Sunnyvale police raided smoke shops across the city and seized thousands of illegal products over the past two months, the city's Department of Public Safety said.
A Department of Homeland Security spokesperson said Milo Yiannopoulos "chose to overstay his welcome."
"Space is the hot thing," President Trump said at the NASA Johnson Space Center in Houston.
California lawmakers are moving to ban a controversial device that can deliver an electric shock through a law enforcement officer's gloves, while the Sacramento County sheriff argues the technology can help deputies safely detain people without using more forceful tactics.
A judge barred the Trump administration from enforcing a set of rules aimed at cutting off Anthropic from the federal government, ruling the administration had unconstitutionally punished the AI company for protected speech.
A federal judge on Thursday temporarily blocked the U.S. Postal Service from enforcing its new requirements for mail voting for the November midterm elections.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Fans of some of Hollywood's most iconic movies lined up outside legendary filmmaker Phil Tippett's Berkeley studio Friday, hoping to take home a piece of movie history.
Pokémon fans from across the country and around the world are pouring into San Francisco this weekend for the largest Pokémon World Championships in the event's history.
Sixty years ago, San Francisco native Gus Tham was living the dream.
Stella Parton said her sister Dolly told her "that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future."
The death of country music legend, actor, and philanthropist Dolly Parton at age 80 has Bay Area music stores scrambling to stock up for an expected rush to buy her music.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Oakland police said an armed suspect in a shootout at Manzanita Park Sunday was arrested after a search and a shelter-in-place order.
with Zoe Mintz.
Zoe Mintz reports.
Darren Peck has the forecast.
John Ramos reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.