More Americans apply for unemployment as layoffs remain high
Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
Jobless Claims
Jobs report and state of the U.S. economy
The U.S. Department of Labor is reporting the lowest number of new jobless claims since the COVID-19 pandemic began. BancAlliance co-president Lori Bettinger joined CBSN to explain what these new numbers mean and how infrastructure could be a key to rebuilding the economy.
745,000 Americans filed for jobless benefits
The Labor Department reported 745,000 Americans filed for unemployment benefits for the first time last week, an increase of 9,000 from the previous week. The latest numbers come as President Biden and Senate Democrats agreed to limit which Americans receive a $1,400 stimulus check. CBS News' Skyler Henry reports on the latest from the White House, and Lori Bettinger, co-president of BancAlliance and a former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss the unemployment numbers.
New unemployment claims ticked up last week
Some 745,000 people filed for jobless aid last week, while another 437,000 sought federal self-employed assistance.
Weekly jobless claims decline
The Labor Department reports 730,000 Americans filed new unemployment claims for the week ending February 20. That's down 111,000 from the previous week's numbers. David Bahnsen, chief investment officer at the Bahnsen Group, joins CBSN to discuss what the latest numbers mean for the state of the economy.
Unemployment claims rise for the first time in a month
Roughly 861,000 people applied for jobless aid last week, reversing several weeks of steady declines.
Jobless claims hit lowest level in 2 months
U.S. jobless claims declined for the week ending January 30. CBSN's Tanya Rivero has more.
California paid out $11 billion in bogus jobless claims in 2020
Investigators are looking into possible fraud involving $20 billion more.
900,000 Americans file for first-time unemployment benefits
The number of Americans claiming unemployment for the first time dipped by 26,000 in the final week of the Trump administration to 900,000 jobless claims, according to data released Thursday by the Labor Department. Bankrate Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss how the new Biden administration plans to respond to the ongoing jobs crisis.
900K more Americans filed new jobless claims
The Labor Department weekly unemployment claims report shows another 900,000 people filed for unemployment for the first time last week. That's slightly down from the 926,000 who filed jobless claims the previous week. Melissa Armo, the owner and founder of The Stock Swoosh, joins CBSN with a breakdown of what these numbers mean.
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Unemployment claims surge as pandemic weighs on businesses
About 965,000 people filed for jobless benefits in the first week of January, far higher than economists expected.
Fewer jobless claims filed
In the week ending December 26, 787,000 people filed first-time jobless claims, down 19,000 from the week before. Norm Champ, former director of the investment management division at the U.S. Securities and Exchange Commission and author of "Mastering Money: How to Beat Debt, Build Wealth, and Be Prepared for any Financial Crisis," spoke with Jamie Yuccas on CBSN about these numbers, the economic effect of not passing a bigger stimulus bill and how the economy is changing because of the crisis.
800,000 Americans applied for jobless aid week before Christmas
Another 400,000 filed for special aid for self-employed. "Labor market damage continues to mount in real time," one economist said.
Jobless claims rise as COVID surge worsens
The Labor Department has released the latest figures showing an increase in the number of Americans filing for unemployment for the second straight week. Lori Bettinger, the president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss what the latest jobs numbers mean for the current state of the U.S. economy.
853,000 Americans filed new jobless claims
The economy continues to suffer amid the coronavirus outbreak. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to discuss the latest jobless claims report.
Jobless aid applications surged the week after Thanksgiving
Number of Americans seeking unemployment aid at highest level in three months, with 853,000 applying last week.
Fewer Americans applied for jobless aid last week
Although the number of workers filing for unemployment declined, claims remain at historically high levels.
New jobless claims rise as coronavirus surges
There was another increase in new unemployment claims last week, as the coronavirus pandemic continues to head in the wrong direction. Feeding America predicts over 50 million Americans will have faced hunger by the end of the year. Mark Hamrick, senior economic analyst at Bankrate, joins CBSN to discuss the state of the economy.
Unemployment claims rise for the second week in a row
Some 778,000 Americans applied for jobless aid last week, a sign the economic recovery is bogging down.
Jobless claims and state of the economy
Jobless claims declined last week, but 709,000 Americans still filed for first-time unemployment. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama administration, joined CBSN to discuss what the current state of the economy could mean for President-elect Joe Biden's future administration.
Unemployment claims down last week
709,000 Americans filed claims for unemployment last week. That number is about 48,000 lower than the previous week. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN with the latest.
Weekly jobless claims down, GDP rebounds
Two new economic reports reflect the impact of the ongoing coronavirus pandemic. The Labor Department says 751,000 Americans filed first-time unemployment claims for the week of October 24th, down 40,000 from the previous week. Also, U.S. GDP rebounded after a historically low second quarter. Bankrate's Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss what this means for the economy and the potential impact on the 2020 election.
New jobless claims dropped last week
According to the Labor Department, 787,000 Americans filed first-time unemployment claims last week, down 55,000 from the previous week. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss what this means for the economy, and the impact it could have on the 2020 election which is now less than two weeks away.
Number of Americans applying for jobless aid jumps
Nearly 900,000 people applied for unemployment last week, a sign the U.S. labor market is cooling.
Savannah Guthrie says "we will pay" in new plea for mother's safe return
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Lindsey Vonn crashes out in women's downhill race at Milano Cortina Games
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Some Team USA athletes speak out about politics at home
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White House removes Trump post with racist footage of Obamas hours after defending it
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Brad Arnold, 3 Doors Down founder and lead singer, dies at 47
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Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Nancy Pelosi to endorse Jack Schlossberg in New York congressional race
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
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Looking back at all of the Patriots' past Super Bowl victories and appearances
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Did a popular acne medication drive a Texas teen to shoot his friends?
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Will Bad Bunny be paid for his Super Bowl halftime performance?
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Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Will Lewis, CEO and publisher of the Washington Post, has resigned just three days after the storied newspaper laid off about one-third of its staff.
Trump throws support behind Nexstar-Tegna broadcast deal he once opposed
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Dow crosses 50K for first time as stocks enjoy best day since May 2025
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Nancy Pelosi to endorse Jack Schlossberg in New York congressional race
Former House Speaker Nancy Pelosi plans to endorse Jack Schlossberg, John F. Kennedy's grandson, a source familiar confirmed to CBS News.
Trump throws support behind Nexstar-Tegna broadcast deal he once opposed
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Some Team USA athletes speak out about politics at home
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Zelenskyy says U.S. gave Ukraine, Russia a deadline for agreement to end war
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Appeals court endorses Trump policy of denying bond hearings to many ICE detainees
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Her deadly diagnosis only had 1 warning sign. Here's how she survived.
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California urges avoiding wild mushrooms after deaths, liver transplants
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White House launches TrumpRx discounted drug site
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Officials warn against drinking raw milk after baby dies from listeria
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Lindsey Vonn crashes out in women's downhill race at Milano Cortina Games
Lindsey Vonn, who came out of retirement to compete in the 2026 Milano Cortina Winter Games, was airlifted off the mountain.
Ilia Malinin stunned by Yuma Kagiyama in Olympic figure skating short program
The U.S. ended Saturday in first place with 44 points. Japan was five points back going into the men's, women's and pairs free skates to decide the medals Sunday.
Jake Paul joins JD Vance to watch U.S. women's hockey team at Olympics
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Italy nabs first gold medal of Milano Cortina Olympics in speedskating upset
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4 suspects arrested after bombing at Pakistan mosque leaves 31 dead
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Brad Arnold, 3 Doors Down founder and lead singer, dies at 47
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Twisted Sister cancels reunion shows as frontman Dee Snider resigns
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Super Bowl fans warned to leave drones at home amid flight ban
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Tesla, Waymo leaders defend product safety
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Scientists "quite surprised" to find one polar bear population thriving
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Mysterious dark matter seen in new map of distant galaxies
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Did a popular acne medication drive a Texas teen to shoot his friends?
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Authorities tow car from Nancy Guthrie's home, investigate new message
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Investigators vetting Guthrie ransom note
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What led NASA to delay Artemis II launch
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NASA delays Artemis II launch
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NASA moon launch off until March due to issues during tests
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The Rx Defense
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