Jobless claims fall to 52-year low as layoffs decline
Only 184,000 Americans filed for unemployment benefits last week, the lowest number since 1969.
Jobless Claims
New jobless claims up slightly
The number of first-time jobless claims increased for the first time since September, to 222,000 from the previous week, the Labor Department reports. Four Republican-led states are amending the rules to allow workers who quit their jobs, or get fired, over refusing to comply with company-mandated vaccines to collect unemployment benefits. CBS News MoneyWatch reporter Megan Cerullo has more.
Layoffs around the U.S. fall to lowest level since 1993
Announced job cuts are at a three-decade low, while new claims for jobless aid are down to pre-pandemic levels.
Biden applauds unemployment dip to 52-year low
President Biden touted the drop in first-time unemployment benefit claims to a 52-year low, though he faces other economic problems like rising prices and supply chain issues amid speculation on a possible second term. Sabrina Rodríguez, national political correspondent for Politico, joins CBSN to discuss the news from the White House.
Jobless claims plunge to their lowest level in 52 years
Fewer than 200,000 Americans filed for unemployment benefits last week, the lowest figure since the pandemic struck.
Jobless claims drop seventh straight week to new pandemic low
About 268,000 people filed for unemployment benefits last week, while 2.1 million Americans remain on jobless aid.
Consumer price index soars in October
U.S. inflation soared in October. The Consumer Price Index climbed 0.9% last month, marking a 6.2% increase in prices since the same time last year. Diane Swonk, chief economist at Grant Thornton, joins CBSN to discuss what this increase and the drop in first-time unemployment claims mean for the state of the economic recovery.
Fewer Americans are seeking unemployment assistance
Jobless claims continue to edge lower, with 267,000 people applying for benefits last week.
New jobless claims fall to pandemic-era low
First-time jobless claims have fallen to a new pandemic-era low for the fifth straight week, as 269,000 Americans filed for the week ending October 30. Lori Bettinger, co-president of BancAlliance and the former director of the Troubled Asset Relief Program under the Obama administration, joined CBSN to discuss the latest jobs numbers.
Jobless claims sink to new pandemic low
Roughly 269,000 Americans sought unemployment benefits last week, a sign the job market continues to heal.
New jobless claims fall to pandemic-era low
The number of Americans filing for first-time unemployment benefits fell to another pandemic-era low. For the week ending October 16, 290,000 people filed new jobless claims. Mark Hamrick, a senior economic analyst for Bankrate, joins CBSN to discuss.
Jobless claims dip below 1 million
For the first time in more than 20 weeks, new claims for unemployment benefits dipped slightly below 1 million. But one sector continues to suffer historic losses: leisure and hospitality. Mireya Villarreal reports.
Congress debates unemployment benefits as jobless claims rise
About 30 million Americans are now relying on unemployment checks as Congress is working to pass a new stimulus package before extended unemployment benefits end this month. This comes as unemployment claims continue to rise. Nancy Cordes reports.
Biden to sign debt ceiling extension bill
President Joe Biden is expected to sign a bill raising the debt limit through December 3, temporarily avoiding a financial catastrophe. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss the latest on the debt ceiling as well as the decrease in initial jobless claims and nationwide concern over inflation and supply chain issues.
Fewer workers file for jobless aid — first drop in three weeks
Some 326,000 workers filed first-time unemployment claims last week as Delta-fueled layoffs declined.
Jobless claims rise for a second straight week
Number of Americans applying for unemployment aid remains about 60% higher than before the pandemic.
Jobless claims edge up as latest COVID-19 wave takes toll
Some 332,000 U.S. workers applied for unemployment last week as the Delta variant and hurricanes weighed on labor market.
Number of workers filing for unemployment falls to pandemic low
Some 310,000 people applied for first-time jobless aid last week, the lowest number since the pandemic began.
Unemployment benefits expiring for millions
At least 7.5 million Americans are estimated to lose federal unemployment benefits as emergency programs expire. CBS News reporter Sarah Ewall-Wice, who covers economic policy, joins CBSN to discuss.
Extra unemployment benefits set to end
Federal unemployment benefits will end September 6, leaving more than 7.5 million Americans without the aid. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss what this means for the economy and the millions of people still out of work.
Fewer Americans need jobless aid, but Delta variant poses threat
Yet while layoffs are easing, economists say the latest COVID-19 surge is weighing on job growth.
U.S. jobless claims drop for 3rd consecutive week
The Department of Labor reported that U.S. jobless claims dropped for the third week in a row. It signals the American economy is strengthening but economists are still concerned about the impact from the rising COVID-19 cases. Axios markets reporter Courtenay Brown joins CBSN's "Red & Blue" to discuss.
Jobless aid for gig workers to run out soon
About 4.2 million gig workers receiving Pandemic Unemployment Assistance will lose their benefits after September 6, according to analysis from the Century Foundation. Gig workers are typically considered self-employed and don't usually qualify for traditional unemployment aid. CBS MoneyWatch reporter Aimee Picchi joined CBSN's Elaine Quijano to discuss.
Fewer people filing for unemployment
The number of Americans filing for unemployment benefits fell last week. New jobless claims dropped to 385,000, down 14,000 from the previous week. Lori Bettinger, co-president of BancAlliance and a former director of the Troubled Asset Relief Program, known as TARP, joins CBSN to discuss.
U.S. economy reaches pre-pandemic levels
The Labor Department says 400,000 Americans filed first-time unemployment claims last week, down 24,000 from the previous week. And the Commerce Department reports the nation's gross domestic product has reached pre-pandemic levels. Michelle Meyer, head U.S. economist for Bank of America Securities, joins CBSN to discuss the U.S. economic recovery.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Detective says cruelty of woman's murder will "stay with me forever"
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.
A young mom was near death from lead poisoning. Who was trying to kill her?
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Trump, Vance to speak at RNC Midterm Convention in Dallas
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Robin Morgan, feminist writer and close friend of Gloria Steinem, dies at 85
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See the U.S. cities where worker pay is rising fastest
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Employer and worker health plan costs expected to jump in 2027
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August jobs report shows U.S. added 162,000 jobs, blowing past forecasts
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%.
Sturdy stock market mints a record number of 401(k) millionaires
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
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Trump, Vance to speak at RNC Midterm Convention in Dallas
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.
Trump delivers $10 million to Ken Paxton in first major contribution of midterms
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Guyana latest "third country" to accept migrants deported from U.S.
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Employer and worker health plan costs expected to jump in 2027
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Clancy trial highlights need to rethink postpartum care: "The duty is on the system"
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The market forces quietly adding thousands to patient bills
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Witkoff, Kushner arrive in Ukraine after Putin talks in push for peace
After meeting Putin, Trump's envoys are expected to discuss a proposal to end the war in Ukraine.
Indonesia volcano eruptions cancels hundreds of flights in major airport hub
More than 500 flight movements were cancelled after the volcano erupted and spewed ashes into the air.
UN endorses new map that shows Africa's size more accurately
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U.K.'s Nigel Farage said he "wasn't listening" in donation scandal conversation
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Uber robotaxis hit London's streets, but with humans still behind the wheel
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From the archives: Jazz artist Cassandra Wilson
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Improvement Movement performs "On the Bus"
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Improvement Movement performs "In the Morning"
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Improvement Movement performs "I Do"
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Looking back at Jerry Lewis telethon
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Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
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NASA plans to launch new space telescope
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Detective says cruelty of woman's murder will "stay with me forever"
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Mistrial declared in Lindsay Clancy trial
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Luxury brands' labor practices under scrutiny
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FBI deputy director on using AI to fight crime
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NASA launches its Roman Space Telescope to explore the hidden universe
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