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 economy unexpectedly lost 23,000 jobs in July, signaling a slowdown that could complicate the Federal Reserve's next move on interest rates in September. The Trump administration downplayed the jobs report, blaming it on federal downsizing and layoffs in World Cup hospitality. CBS News business producer Emily Pandise has more.
The U.S. economy saw an unexpected 23,000 job losses for the month of July. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Senate navigating several matters ahead of summer recess; No U.S.-Iran deal yet on Strait of Hormuz.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Launching a business can be thrilling, but it pays to plan ahead to maximize your chances of success. Here's what to consider (sponsored by AT&T).
Many Americans are signaling disapproval of the technology amid fears that it will eclipse already competitive entry-level jobs.
The Bureau of Labor Statistics on Friday reported a better-than-expected jobs report for April. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
Hint: It involves AI, and a LinkedIn economist says employers are clamoring for people to fill these roles.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
The labor market rebounded in March as U.S. employers added 178,000 jobs. Lori Bettinger, president of BancAlliance, joins CBS News to weigh in on the jobs report.
New jobs data from February shows an unexpected setback for the labor market. CBS News MoneyWatch correspondent Kelly O'Grady explains.
A weaker-than-expected February jobs report is raising new concerns about the economy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
The Bureau of Labor Statistics reports the U.S. added 50,000 jobs in December, which is lower than analysts had expected. However, the unemployment rate dropped slightly to 4.4%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
As the job market weakens, the number of Americans applying for unemployment benefits jumped last weak to its highest level in nearly four years.
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
President Trump fired the Bureau of Labor Statistics commissioner on Friday. The reason cited, though it lacked evidence, was that last week's job report was "rigged." Katharine Abraham, who held the position from 1993 until 2001, joins "The Takeout" to discuss.
President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
He says the joint military exercises with South Korea are costly and "send a signal that is totally inappropriate and hostile" to North Korea.
Meanwhile, Israel is being condemned by Lebanese leaders for strikes in the south that killed at least 11 people, including children.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the sci-fi series "Heroes," has died at the age of 36.
As a hurricane, Lala skirted past Hawaii's Big Island, where it brought heavy rain and the possibility of life-threatening flooding and mudslides.
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following a formal request for an update on his health last month amid a weekslong hospitalization.
Americans think more young people in office would make politics better.
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
Mykhailo Fedorov, the former Ukrainian defense minister who is widely credited as the architect of the country's modern war-fighting strategy, told CBS News in an exclusive interview that he believes Ukraine is in a "technological war" with Russia.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
Kentucky Gov. Andy Beshear said he hasn't heard back from Sen. Mitch McConnell following formal requests for an update on his health last month amid a weekslong hospitalization.
The summer of 1936 saw a heat wave so dangerous at least five thousand people died. It also saw the popularization of a cooler fashion alternative – shorts – which, in some jurisdictions, were illegal.
Americans think more young people in office would make politics better.
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
U.S. food regulators say 1.6 million cartons of recalled eggs can "cause serious adverse health consequences or death."
The U.S. has refunded more than $100 billion in illegal tariffs to businesses, and some of that money is going to consumers — here's what to know.
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
President Trump said Sunday that the joint military exercises with South Korea are costly and they "send a signal that is totally inappropriate and hostile" to North Korea.
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
On this "Face the Nation with Margaret Brennan" broadcast, Kentucky Gov. Andy Beshear and Rep. Don Bacon join Margaret Brennan.
GOP Rep. Don Bacon of Nebraska said Congress should conduct oversight following concerns about conditions aboard the USS Abraham Lincoln, which is being replaced after a nearly nine-month deployment.
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Candice Davis' first pregnancy was going smoothly until she began feeling some nausea and pain one afternoon.
Some seriously ill patients improve on hospice. About 1 in 16 patients enrolled in hospice care lose eligibility as a result. Here's how to get appropriate care.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
CBS News has been tracking a record number of measles cases and outbreaks around the country. The majority of cases are among those who haven't been vaccinated.
Norah O'Donnell sat down with her own doctor, Rachel Rubin, to tackle the important topic of menopause: How your body changes, why women may be needlessly suffering, and what you can actually do about it.
Jared Kushner, who is President Trump's son-in-law, is set to meet next with Israeli Prime Minister Benjamin Netanyahu, who rejected the latest peace proposal last week.
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
The following is the transcript of an interview with Pennsylvania state Rep. Chris Rabb, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
The following is the transcript of an interview with Kentucky Gov. Andy Beshear, a Democrat, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.
Local officials have expressed their dismay and sadness at the theft which occurred during celebrations of the Virgin Mary.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the sci-fi series "Heroes," has died at the age of 36.
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
Hosted by Jane Pauley. Featured: Weather becoming more extreme; Rahm Emanuel; The Eagles' Don Henley; ex-Amish, now social media creator Lovina Zook; trophy bull riding belt buckles; the iNaturalist app; and the long and short of short pants.
The Eagles, one of the greatest old-school bands on Earth (and whose "Greatest Hits" compilation is the bestselling album in history), have extended their farewell tour, currently in residency at The Sphere in Las Vegas. Eagles co-founder Don Henley talks with correspondent Tracy Smith about the band's half-century relationship with their fans; the legacy of his late bandmate Glenn Frey; and how his pre-performance regimen has changed with age. (Originally broadcast Feb. 8, 2026.)
"Sunday Morning" looks back at historical events on this date.
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species. (Originally broadcast March 22, 2026.)
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Above Earth's atmosphere, an arms race is unfolding. Thousands of miles above the ground, satellites from different companies and nations are observing us and each other. To learn more, Olivia Gazis traveled to Vantor, a Colorado-based satellite technology company.
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
Janna Levin, professor of physics and astronomy at Barnard College, joins CBS News to discuss Wednesday's total solar eclipse.
Dr. Steven Milner, a well-respected Oregon veterinarian, was accused of stalking and disguising himself before murdering Kenny Fandrich — the husband of a former employee. Security cameras played a key role in how detectives pieced the case together.
Violent crime numbers are down across many major U.S. cities. Ali Bauman is in Newark, New Jersey, which has seen a large drop in homicides.
Police say multiple suspects were involved in the Virginia State University campus shooting that wounded five on Saturday.
To celebrate Mozart's 270th birthday this year, German artist Ottmar Hörl made 320 statuettes of the composer and his dog, Pimperl, placing them around Salzburg, Austria. However, the statuettes have been pilfered.
Five accused thieves are under arrest after police say they took $10 million worth of art from a private museum in an Italian villa.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
The Perseid meteor shower is the best viewing all year, according to NASA.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Ruby McNally is 100 years old, and she is leaping into the next century of life by skydiving, saying, "There's nothing to be scared of." Ashley Sharp has the story.
The box office has been booming in 2026, with five blockbuster hits making over $1 billion. Mark Strassmann has more details from Los Angeles.
Tributes poured in on Sunday for Tommy John. The baseball legend known as the "bionic man" has died at age 83. Shanelle Kaul reports from Yankee Stadium.
Europe has been sweating through its fifth round of dangerously high temperatures since May. Ramy Inocencio is in London with more.
A new CBS News poll found 69% of Americans are not satisfied with how the economy is working. With the Iran war in its sixth month, there's still pain at the pump. Aaron Navarro has more.