Jobless claims at 8-month high as layoffs edge higher
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
Watch CBS News
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
A new report released by the U.S. Labor Department shows initial jobless claims rose for the week ending April 9. A separate report from the Commerce Department reveals that retail sales increased in March despite inflation. CBS News' Tanya Rivero discusses this and more with Lori Bettinger, the president of BancAlliance.
The latest report from the U.S. Labor Department shows initial jobless claims fell to 229,000 for the week ending in June 18, 2,000 fewer than the previous week. CBS News Moneywatch Reporter Irina Ivanova explains what that indicates about the state of the economy.
American jobless claims fell by to 214,000 as the Federal Reserve raises interest rates. Ted Rossman from Bankrate.com joins CBS News to discuss these economic shifts.
Gas prices are soaring to record highs as inflation hits its highest level in 40 years. The Consumer Price Index jumped 0.8% in February, marking a 7.9% increase over the past year. CBS News transportation correspondent Errol Barnett has more on the rising gas prices, and then Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joins CBS News to discuss the impact on American families.
Uncertainty over the Russia-Ukraine conflict has been the main driver for major stock indexes, which all saw loses Thursday. Lori Bettinger, president of BancAlliance, joins CBS News at the closing bell of the New York Stock Exchange to discuss the economic ramifications.
The Department of Labor's weekly unemployment report shows there were 251,000 first time applications filed in the week ending July 16. Senior economic analyst and Washington bureau chief at Bankrate.com, Mark Hamrick, joined CBS News' Anne-Marie Green and Vladimir Duthiers with more on what this means for our economy.
More than 250,000 people applied for unemployment benefits last week, the highest number since November.
CBS News business analyst Jill Schlesinger joined Anne-Marie Green and Vladimir Duthiers to discuss the ongoing recession fears amid a strong job market and offered tips on how to save money despite economic uncertainty.
U.S. employers added 372,000 jobs, the Labor Department reported Friday, greatly surpassing what economists had expected. Akin Oyedele, investing deputy editor for Business Insider, joins Catherine Herridge to discuss what these numbers could mean.
While layoffs remain low, they've risen for five consecutive weeks to reach 235,000 in the week that ended.
According to the U.S. Department of Labor, initial jobless claims fell to 229,000 for the week ending June 18th. That's 2,000 fewer than the previous week. CBS News reporter Sarah Ewall-Wice joined Errol Barnett and Anne-Marie Green to discuss what these numbers mean for the U.S. economy and yesterday's congressional testimony on inflation from Federal Reserve Chair Jerome Powell.
President Biden is facing concerns over jobs, the economy and inflation as well as the leak of a Supreme Court draft opinion indicating Roe v. Wade may soon be overturned. CBS News senior White House and political correspondent Ed O'Keefe joins Vladimir Duthiers and Anne-Marie Green with the latest.
Brooklyn subway shooting suspect held without bail; Jobless claims rise after hitting 54-year low
While jobless claims are at their lowest point in more than 50 years, Americans are still feeling the pinch of rising prices. CBS News political reporter Caitlin Huey-Burns joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss how voters' views on inflation could sink Democrats in the upcoming midterm elections.
The Consumer Price Index climbed 0.6% in January, meaning the average cost of goods is up 7.5% since the same time last year. Meantime, first-time jobless claims fell for a third straight week. CBS News senior White House and political correspondent Ed O'Keefe has more on how the Biden administration is handling the latest economic news.
Mike Pyle, chief economic adviser to Vice President Kamala Harris, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the country's economic growth, inflation and supply chain issues.
The job market remains tight as the U.S. economy expands at its fastest pace since 1984.
First-time unemployment claims took an unexpectedly large jump last week. The U.S. Labor Department reports 286,000 people filed new claims the week ending January 15th. Diane Swonk, chief economist at Grant Thornton, joins CBSN to discuss the latest.
Claims jumped to 230,000, in line with pre-pandemic levels despite the Omicron surge.
Employers are hesitant to cut workers amid a tight labor market that offers workers more career choices.
New jobless claims for the week ending December 25 were close to the lowest in half a century. Heather Long, an economic columnist for The Washington Post, joins CBSN to discuss the latest on unemployment and the economy.
Ranks of newly unemployed are at lowest level since 1969 as employers keep hold of workers amid a tight labor market.
There are signs the job market is tightening as new jobless claims remain low. 205,000 Americans filed for first-time unemployment benefits last week. CBS MoneyWatch reporter Irina Ivanova joins CBSN with more.
The number of workers filing for jobless aid each week is at its lowest level in 50 years.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
Robin Morgan, a wholesome child star of the 1940s and '50s who grew up to become an all-American radical as a poet, essayist, editor and second-wave feminist, has died at age 85.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
Although worker wages have risen modestly this year, pay is increasing much faster in some metro areas than in others, labor data shows.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
Republican National Committee Midterm Convention is a rare mid-cycle gathering of party leaders and delegates President Trump has called as a way to rally the party faithful ahead of November's contests.
President Trump's MAGA Inc. super PAC had previously only given one donation this midterm cycle: about $800,000 to Darline Graham.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
A former staffer confirmed that Sen. John Fetterman has routinely dismissed and at times refused to do core aspects of the job.
Some of the highest-ranking officials in the U.S. military were subjected to polygraph tests as part of a sweeping leak probe, U.S. officials briefed on the matter told CBS News.
Dawn Jemison started dealing with pelvic pain as a preteen. It took decades to learn why — and to find a solution.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
Dr. Temeka Zore, a double board-certified OB-GYN and fertility specialist, joined "Healthful" for a deep dive on all things fertility, from endometriosis to PMOS (formerly known as PCOS) to egg freezing.
The true cost of "vertical integration": Patients directed to a higher-priced location for procedures. Or forced to buy from their insurer's wholly owned pharmacy, which may not stock the drug prescribed or provide it at the lowest price.
More than 500 flight movements were cancelled after the volcano erupted and spewed ashes into the air.
Africa has long been represented as smaller than its real size in maps, which are largely based on an ancient projection.
Nigel Farage has downplayed his involvement in the scandal which has seen the Reform party accused of breaking British electoral law.
Robotaxis are on the roads of London, marking Uber's biggest real-world challenge yet in a busy city built on a dense layout and countless roundabouts.
Guyana is one of more than 30 nations that have now signed deals with the Trump administration as part of President Trump's crackdown on illegal immigration.
Two-time Grammy-winning jazz singer Cassandra Wilson died on Sept. 1, 2026, at age 70. In this 1997 "Sunday Morning" profile, Wilson talked with correspondent Billy Taylor about her early influences, from her parents, to singers like Joni Mitchell and Richie Havens. PLUS: Watch Cassandra Wilson as a "Sunday Morning" correspondent, interviewing musician Robbie Robertson of The Band, at the Woodstock recording studio Big Pink, in a report broadcast in 1998.
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "On the Bus."
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "In the Morning."
Improvement Movement is one of Atlanta's most exciting new bands. They say their third album, "Your Perfect Real Life," is sure to "inundate your ears" with as much good as you can reasonably feel these days. Here's Improvement Movement with "I Do."
The first 24-hour Jerry Lewis Muscular Dystrophy Association telethon aired 60 years ago on Saturday. The staple of Labor Day weekend featured established stars like Dolly Parton and young comics like Jimmy Fallon.
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
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.
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
At this year's U.S. Open, live artificial intelligence insights are bringing the digital world to the court, reshaping the tournament experience. CBS News digital reporter Lauren Fichten has the details.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
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.
Lt. Dakota Black of the Pottawatomie County Sheriff's Office in Shawnee, Oklahoma, says the case of Makayla Meave, a missing teacher's aide, was one of the most heart-wrenching cases of her career.
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
A judge in Massachusetts declared a mistrial in the murder trial of Lindsay Clancy, who killed her three young children, after jurors said for a third time they could not agree on a verdict.
Italian authorities are turning their attention to the luxury brands at the top of the fashion food chain after allegations of cheap labor and exploitation.
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A detective hunts for answers when a woman goes missing. For Tracker Black it's personal. "48 Hours" correspondent Peter Van Sant reports.
When a young woman nearly dies from poisoning, investigators focus on the two people she trusted the most. "48 Hours" correspondent Anne-Marie Green reports.
A rare, exotic bird typically found in the Caribbean and parts of South America has been spotted in Irvine, California. Carter Evans reports.
Leigh Kiniry tests out an autonomous, AI-powered Uber in London.
Hurricane Lowell is building up about 600 miles off Honolulu, Hawaii. Andrew Kozak has the weather.