Number of first-time jobless claims hits pandemic low
Last week, 293,000 people filed for jobless aid, the lowest number since March 2020.
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Last week, 293,000 people filed for jobless aid, the lowest number since March 2020.
Businesses across the country are experiencing vacancies as new data shows a record number of people quitting their jobs. According to the U.S. Department of Labor, 4.3 million people quit their jobs in the month of August. CBS MoneyWatch reporter Aimee Picchi joins CBSN with the latest.
According to the Labor Department, the United States added 194,000 jobs in September, less than half of what economists had projected. CBSN's Tanya Rivero spoke to Joel Payne, a CBS News political contributor and Democratic strategist, and Libby Cantrill, the head of public policy for the investment firm PIMCO, about the state of the economy as President Biden makes the case for social and climate investment.
The U.S. economy added 300,000 fewer jobs than expected in September — the smallest gain since December. The problem isn't a lack of jobs, it's a lack of candidates. Nancy Cordes has more.
The Delta variant and a tight labor market held back job growth, with public school hiring lower than expected.
The U.S. Postal Service is increasing prices while slowing down delivery of first-class mail and packages. Kris Van Cleave has more details.
A Delta-fueled coronavirus spike is causing an uptick in layoffs, with 362,000 initial unemployment claims being filed last week.
Britain’s economy is at risk of grinding to a halt because of a serious gasoline crisis. Holly Williams has more on what’s causing it.
Schools across the country are facing a severe shortage of school bus drivers. Errol Barnett shares more on what's being done to solve the problem.
Some 310,000 people applied for first-time jobless aid last week, the lowest number since the pandemic began.
A manufacturing plant in Caledonia, Minnesota, that's partially owned by Major League Baseball is shutting down. The closure will move dozens of jobs out of the state, with most going to China. Kris Van Cleave has more.
Senior business analyst Jill Schlesinger joins “CBS This Morning: Saturday” to discuss the August unemployment numbers and the state of the economy.
President Biden blamed the Delta variant on the disappointing jobs report. Ed O’Keefe reports.
Employers added only 235,000 jobs last month, a sign the Delta variant is weighing on the labor market.
Yet while layoffs are easing, economists say the latest COVID-19 surge is weighing on job growth.
A growing number of employers around the U.S. are requiring workers to get their shots. Get used to it.
Some 348,000 people filed new claims for jobless aid last week, with economists expecting further labor market gains.
LinkedIn career expert Catherine Fisher discusses how to find the right job for you and stand out when you apply.
So far, the job market appears unaffected by the rapidly spreading Delta variant — but clouds are gathering.
Employers topped forecasts by adding 943,000 jobs last month as the economic recovery went into overdrive.
Economists expect the labor market to keep humming despite the latest COVID-19 wave caused by the Delta variant.
As employers move to reopen offices, many are being met with resistance. Workers who have been productive working from home during the pandemic see no need to go back to the office. New York Times business reporter Coral Murphy Marcos joins CBSN to discuss the ongoing debate.
Data from small- and mid-sized businesses show employment in suburbia recovering much faster than in city centers.
President's executive order aims to change restrictive employment agreements that tie workers to a single employer.
Rising claims in Kentucky, Michigan and Texas drove more than half of the increase to 419,000 newly jobless last week.