Bank of America's minimum wage to hit $25 an hour by 2025
The bank joins Amazon, Chipotle and McDonald's on a short list of big companies that recently hiked their hourly wages.
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The bank joins Amazon, Chipotle and McDonald's on a short list of big companies that recently hiked their hourly wages.
Nearly 10 million people are jobless and seeking work, but employers say it's never been this hard to hire.
A disappointing jobs report ignited debate over unemployment benefits. President Biden argues the benefits are needed for the country's economic recovery, but Republicans say they encourage people to stay at home. Weijia Jiang shares more.
Employers around the U.S. added 266,000 jobs last month, far short of what most economists had forecast.
Large employers are going on a hiring spree as the U.S. economy continues to rebound from the pandemic.
More Americans work in clean energy than as waiters or waitresses, according to one analysis.
About 547,000 people filed for jobless aid last week, the lowest level of claims in more than a year.
Even as millions of Americans remain unemployed, job listings in some sectors are surging above pre-pandemic levels.
"Even with vaccines rolling out, COVID-19 safety precautions aren't going anywhere," one expert says.
The company has openings at local stores, regional distribution centers, at the corporate level and for truck drivers.
Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
U.S. employers added a robust 916,000 jobs last month, while the nation's unemployment rate fell to 6%.
Over 1 million Americans filed for first-time unemployment benefits as pandemic continues to hinder labor market.
New York Attorney General Letitia James said Monday she selected Joon Kim, the former acting U.S. attorney for the Southern District of New York, and employment lawyer Anne Clark to lead the investigation into sexual harassment allegations against Governor Andrew Cuomo. An attorney representing one of the women accusing Cuomo said James' selection showed she is taking the matter "very seriously." Jericka Duncan reports.
More than 67 million women are currently employed in the United States. "CBS This Morning" profiles the owner of a dance studio who has faced challenges keeping her business open during the pandemic. Also, Caroline Fairchild, editor at large for LinkedIn News, reveals some startling new data about women in the workplace during the pandemic.
Survey of some of America's best-known companies shows how race can shape workers' experience in Corporate America.
President Biden's $1.9 trillion coronavirus relief package is expected to pass the House Friday, but the final version of the legislation won't include a provision raising the federal minimum wage to $15 an hour. The Senate's parliamentarian ruled senators cannot vote on the bill with the minimum wage increase in it using the simple-majority reconciliation process. Democratic Michigan Congresswoman Haley Stevens joined CBSN to discuss the relief bill and the proposed wage hike.
The House is set to pass President Biden's $1.9 trillion coronavirus relief bill, possibly without Republican support. Kris Van Cleave shares the latest.
"When more than 30 years of progress for women in the workforce can be erased in 9 months, the underlying system is broken," reads a new letter signed by 50 prominent men.
CBS News' Skyler Henry speaks to job applicant Shinique Wright about what happened when she "whitened" her resume, and to Andrew McCaskill, a LinkedIn Career Expert.
As federal officials warn of a "K-shaped recovery," a new analysis shows workers in low-wage professions aren't getting back to work.
Jobless rate fell to 6.3% last month, but the gains went to white-collar employees while service workers struggled.
President Biden focused on the economy on his second full day in office. CBSN political reporter Caitlin Huey-Burns and Joe Minarik, the senior vice president and director of research for the Committee for Economic Development, join CBSN with analysis of the latest executive orders.
Monday marks the first day small businesses can apply for the lated round of help from the Paycheck Protection Program. Lawmakers authorized $284 billion in forgivable loans for struggling businesses as part of the coronavirus relief bill that recently passed. Joanne Canady-Brown, owner of the Gingered Peach Bakery in Lawrenceville, New Jersey, shares her story with CBSN.
Hiring fell for the first time in seven months as restaurants, bars and other businesses closed their doors.