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Labor market resilient despite inflation concerns
The latest jobs report showed that the U.S. added 272,000 jobs last month, significantly higher than forecasters had expected. Michael George has more.
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The latest jobs report showed that the U.S. added 272,000 jobs last month, significantly higher than forecasters had expected. Michael George has more.
CBS News Business Analyst Jill Schlesinger reports the May jobs report and its impact on interest rates. For more analysis, go to www.jillonmoney.com. (06-07-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
California added more than 50,000 jobs in April two years ago, but the state only added 5,200 jobs this past April. It's a troubling trend that some experts are concerned about how it impacts small business owners.
California's unemployment rate is now the highest in the country.
A new report from the Labor Department Friday shows that the U.S. added 336,000 jobs in September, well above economists' expectations. The sunny jobs report, however, serves as a contrast to the numerous labor strikes taking place across the nation. Jo Ling Kent has more.
Inflation has cooled in recent months and the unemployment rate remains low. Still, a CBS News poll has found that most Americans are pessimistic about the economy. Mark Strassmann takes a look. Read more here.
Generation X, people in their mid 40's through late 50's, make up about a quarter of all unemployed people. According to Glassdoor, that demographic makes up most of the new unemployed population over the last half year. Politico reporter Sam Sutton joined CBS News to talk about the trend.
Niantic, the creator of hit mobile game Pokemon Go, announced it is laying off 230 employees and reorganizing its business as it grapples with new macroeconomic uncertainty.
A report of U.S. job cuts showed roughly 5% of job losses in May were due to AI technology.
A group of workers from the Bay Area and across California gathered at the State Capitol on Thursday, urging lawmakers to pass a bill to make unemployment benefits available to undocumented immigrants.
An estimated two million undocumented workers in California have been excluded from unemployment benefits and other assistance during the pandemic. A state Senate bill would provide laid-off undocumented workers with $300 per week for up to 20 weeks.
An estimated two million undocumented workers in California have been excluded from unemployment benefits and other assistance during the pandemic. A state Senate bill would provide laid-off undocumented workers with $300 per week for up to 20 weeks. José Martínez reports.
The U.S. job market has remained robust despite the Federal Reserve's concerted push to slow economic growth.
San Mateo County residents who lost their jobs, businesses or work hours due to the winter storms that hit the Bay Area in January must apply by Thursday for disaster-related unemployment insurance.
Hiring was stronger than economists had forecast, while the unemployment rate fell to 3.5%.
Stitch Fix, facing economic turbulence, announced a double whammy on Thursday: CEO Elizabeth Spaulding is stepping down and the company planned to lay off 20% of its salaried staff.
Bradley Blackburn reports on the numbers of the latest jobs report indicating overall employment landscape is solid (12-2-2022)
The layoffs that had been announced last week were confirmed Thursday at local tech company Lyft, raising questions about what the loss of jobs will mean for the wider Bay Area economy.
At Margaritas Mexican Restaurant in Redwood City, owner Ramon Bravo has seen a lot in his 21 years in business but he says this has been the hardest for him
California's unemployment rate fell to 3.9% in July, the lowest point since 1976 as employers in the the nation's most populous state continued to defy expectations.
California delayed or improperly denied unemployment benefits for millions of people during the pandemic because policies "do not prioritize getting benefits to workers quickly."
CEO Vlad Tenev says soaring inflation and cryptocurrency crash is discouraging customers from trading.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
California employers added 41,400 new jobs in April, dropping the state's unemployment rate to the lowest its been since the start of the pandemic following 14 consecutive months of growth.
California employers added 60,200 jobs in March as the number of unemployed people in the nation's most populous state dipped below 1 million for the first time since the start of the pandemic.
The Sunol Regional Wilderness was evacuated as firefighters battled a wildfire that grew to 577 acres Friday night.
The San Francisco Giants beat the Colorado Rockies 11-4 on Friday night.
The Oakland A's secured their first winning month in two years, beating the Los Angeles Angels 5-4 Friday night.
Structures remained threatened Friday night as a vegetation fire between Concord and Bay Point covered 462 acres, Cal Fire said.
Budget cuts continue to impact the San Francisco Unified School District.
The Sunol Regional Wilderness was evacuated as firefighters battled a wildfire that grew to 577 acres Friday night.
Structures remained threatened Friday night as a vegetation fire between Concord and Bay Point covered 462 acres, Cal Fire said.
Budget cuts continue to impact the San Francisco Unified School District.
Governor Gavin Newsom is urging Oakland leaders to expand their current police pursuit policy.
A Bay Area rideshare driver has been reunited with a woman that he credits with saving his life after he suffered a medical emergency while behind the wheel.
Budget cuts continue to impact the San Francisco Unified School District.
Two people have died after their car plunged off Highway 1 at Devil's Slide Friday morning, authorities said.
San Francisco Fire Chief Jeanine Nicholson on Friday announced she will retire at the end of August due to "unforeseen medical issues."
Chicago duo Drama, featuring producer Na'el Shehade and vocalist/songwriter Via Rosa, speak with KPIX before they take the stage at Stern Grove on Sunday.
A Palo Alto woman who opened the first inclusive playground in the Bay Area for people of all abilities is spreading her magic throughout the region and beyond.
The Sunol Regional Wilderness was evacuated as firefighters battled a wildfire that grew to 577 acres Friday night.
Structures remained threatened Friday night as a vegetation fire between Concord and Bay Point covered 462 acres, Cal Fire said.
Governor Gavin Newsom is urging Oakland leaders to expand their current police pursuit policy.
A Bay Area rideshare driver has been reunited with a woman that he credits with saving his life after he suffered a medical emergency while behind the wheel.
Local progressive organizations held a press event in Oakland on Friday to oppose the recall of Mayor Sheng Thao and Alameda County District Attorney Pamela Price.
Three suspects were arrested in the April armed robbery of a victim in San Jose who had been selling merchandise online, police said.
A 17-year-old has been arrested in connection with the violent purse snatching of an elderly woman in East San Jose last month that was caught on camera.
The suspect in a 2022 fatal shooting in San Jose who fled to El Salvador was returned to the Bay Area after his arrest in Texas in May, police said Friday.
Two people who drowned after being swept out by a wave in Santa Cruz last week were identified by the Santa Cruz County Sheriff's Office as 30-year-old Pedro David Guadarrama Ceron and 33-year-old Emma Nelly Diazleal Lopez.
A San Jose man who was convicted of shooting an unarmed college student staying at an Airbnb in 2022 will spend more than a decade in prison, prosecutors announced Thursday.
Authorities announced an arrest Thursday in connection with a vegetation fire that started near Geyserville in Sonoma County on Wednesday afternoon.
Police in Vallejo are have launched their third homicide investigation in less than two weeks, after a man was fatally shot late Wednesday night.
Officers arrested a suspected drunk driver who crashed his car into another vehicle in San Rafael, police said Wednesday.
Police released surveillance video of an arson suspect seen setting a fire at a San Rafael Target store in hopes of identifying the person.
Police in Vallejo are investigating the death of a woman as a homicide after she was part of a three-car collision last week, the department said Tuesday.
The San Francisco Giants beat the Colorado Rockies 11-4 on Friday night.
The Oakland A's secured their first winning month in two years, beating the Los Angeles Angels 5-4 Friday night.
The San Francisco 49ers haven't made substantial investments in the offensive line, believing coach Kyle Shanahan's scheme and a deep group of playmakers can make up for any deficiencies.
The ambitious opening ceremony of the Summer Games kicked off with a giant plume of blue, white and red smoke in the colors of the French national flag with the 2024 Parade of Nations from the Austerlitz Bridge.
The Oakland Athletics continued their power surge in a 6-5 victory over the Los Angeles Angels on Thursday night.
Governor Gavin Newsom is urging Oakland leaders to expand their current police pursuit policy.
One of El Chapo's sons duped Ismael "El Mayo" Zambada into boarding a plane on Thursday, telling him they were going to look at property in Mexico, a person familiar with the investigation confirmed to CBS News.
A former guard at the now-closed Federal Correctional Institution-Dublin prison is facing additional charges of alleged sexual abuse involving inmates, officials said Friday.
Three suspects were arrested in the April armed robbery of a victim in San Jose who had been selling merchandise online, police said.
A 17-year-old has been arrested in connection with the violent purse snatching of an elderly woman in East San Jose last month that was caught on camera.
Alongside 16 other members of Congress, U.S. Rep. Anna Eshoo, D-Palo Alto, raised concerns about social media giant Meta's plans to cut CrowdTangle, a service used to monitor trends on Facebook and Instagram.
One week after the global computer outage, Windows systems are nearly fully operational, according to CrowdStrike.
Meta's Oversight Board says the company failed to take down an AI-generated intimate image of an Indian female public figure that violated its policies until the board got involved.
CrowdStrike released details about the cause of an outage that took down computers across the globe, blaming "problematic content data."
Meta says it's rooted out 63,000 accounts from Nigeria that were attempting to target adult U.S. men with the financial scam.
A Contra Costa County man has died from West Nile virus -- the first reported county death from the disease since 2006.
Amid a widening listeria outbreak, Boar's Head is recalling all of its liverwurst products sold nationwide, as well as some deli meats.
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
A warning of a Listeria monocytogenes outbreak affecting 12 states, including Pennsylvania, New Jersey and New York, was issued by the CDC Friday afternoon linking infections to sliced meat at deli counters.
With so much focus on old age, scientists are hoping to crack the code on longevity but they need some help.
Budget cuts continue to impact the San Francisco Unified School District.
Governor Gavin Newsom is urging Oakland leaders to expand their current police pursuit policy.
Local progressive organizations held a press event in Oakland on Friday to oppose the recall of Mayor Sheng Thao and Alameda County District Attorney Pamela Price.
Alongside 16 other members of Congress, U.S. Rep. Anna Eshoo, D-Palo Alto, raised concerns about social media giant Meta's plans to cut CrowdTangle, a service used to monitor trends on Facebook and Instagram.
The former president called Harris a "happy warrior" and vowed to do all he can to help her defeat former President Donald Trump in November.
California Gov. Gavin Newsom has signed a law barring school districts from passing policies requiring schools to notify parents if their child asks to change their gender identification.
San Leandro is hosting its first Pride celebration and organizers spoke to KPIX about the decision to launch the celebration now.
One San Francisco bookstore is fighting book bans by shipping LGBT+ books to directly the Deep South for free.
Public health officials came armed with a serious message for Pride Month: Get vaccinated against mpox.
Thousands of people gathered on Sunday in downtown San Francisco to celebrate the annual Pride Parade supporting the LGBTQ community.
Physical performances by actors are being treated as "data," said SAG-AFTRA Chief Contracts Officer Ray Rodriguez said at a news conference.
Chicago duo Drama, featuring producer Na'el Shehade and vocalist/songwriter Via Rosa, speak with KPIX before they take the stage at Stern Grove on Sunday.
Hundreds of the nation's top athletes will represent Team USA in Paris at the 2024 Olympics.
Creator of the former HBO show remarked on the similarities between its fictional storyline and current political reality.
Charli XCX, George Clooney and Spike Lee are among the celebrities who say they are supporting Kamala Harris' campaign to become the first woman president of the United States.
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.
People living in Bay Point were forced to clear out when another wildfire broke out Friday afternoon. Kelsi Thorud reports. (7-26-24)
The Sunol Regional Wilderness was evacuated as firefighters battled a wildfire that grew to 577 acres Friday night. (7-26-24)
At the Butte County evacuation center, so many say that the progression of the Park Fire is all too familiar. One family suffered tremendous loss during the 2018 Camp Fire.
The Park Fire made a push north on Friday at rapid rates, with evacuation orders affecting four California counties—Butte, Tehama, Shasta and Plumas.
CBS News Bay Area evening edition headlines for Friday July 26, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com
A Palo Alto woman who opened the first inclusive playground in the Bay Area for people of all abilities is spreading her magic throughout the region and beyond.
A Marin County woman who provides four-legged emotional support for first responders has expanded her nonprofit across the country.
Now into its second decade, a San Francisco nonprofit has been giving inner city kids free surfing lessons. For many, it's their first time in the ocean.
A woman who experienced bullying as a middle school student has spent the last 22 years giving young people a safe place to belong and grow.
More than three million people in the US live with epilepsy, according to the CDC. One Santa Rosa filmmaker is working to make sure they are seen and heard.
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.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.