Fewer Americans applied for jobless aid last week
Although the number of workers filing for unemployment declined, claims remain at historically high levels.
Jobless Claims
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.
Jobless claims increased last week
For the first time in four weeks, the U.S. saw an increase in the number of Americans filing for first-time unemployment benefits. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN with the latest jobs numbers.
Breaking down the latest jobless numbers
According to the Department of Labor's latest jobs report another 840,000 Americans filed for first-time unemployment benefits last week. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss the impact.
Unemployment applications remain high as job market stalls
Some 840,000 people applied for unemployment for the first time last week — economy still down 10.7 million jobs.
Economy is cooling as U.S. election nears
Weakening payroll gains and tepid consumer spending are just some of the signs that growth is slowing.
Hiring slowed in September with just 661,000 jobs added
Labor Department's latest employment report undershot economic forecasts as hiring cooled sharply ast month.
New unemployment claims dip slightly
Washington Post economics correspondent Heather Long joined CBSN's "Red and Blue" to break down the latest jobless numbers and her reporting on the pandemic's impact on college enrollment.
Number of Americans filing for jobless aid dips
About 1.4 million applied for unemployment benefits, aid last week, as fewer self-employed workers sought help.
Number of Americans applying for jobless aid ticks up
Nearly 1.6 million applied for assistance in the last week of August, with half seeking self-employed aid.
U.S. consumer confidence falls in August
Consumer confidence in the U.S. fell in August to the lowest it's been in six years amid the coronavirus pandemic. Axios market editor Dion Rabouin joined "Red and Blue" to discuss the impact this could have on the nation's economic growth in the near future.
New jobless claims rose last week as mass layoffs continue
Some 1.1 million workers filed new jobless claims last week in a sign the labor market may be faltering.
Weekly jobless claims drop below 1 million
An additional 963,000 Americans filed new unemployment claims for the week ending August 8th. This is the first week since March that initial jobless claims dropped below 1 million. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN to break down the numbers.
Jobless claims fall below 1 million for the first time since March
Fewer than expected people filed for unemployment last week, though numbers remain far higher than before the pandemic.
Jobless claims up for first time in months as COVID-19 spreads
More than 2 million Americans applied for jobless aid last week as layoffs increased in states hit by the pandemic.
Unemployment claims fall slightly
Nearly 1.5 million Americans filed for unemployment last week even as more states reopened their economies. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to break down the numbers.
Another 1.5 million file for unemployment
The Labor Department says another 1.5 million workers filed for jobless aid last week. CBS News business analyst Jill Schlesinger breaks down the numbers.
Impact of latest unemployment numbers
More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy.
U.S. jobless claims pass 40 million
Another 2.1 million Americans filed for unemployment benefits last week, pushing the total past 40 million since the coronavirus lockdowns began in mid-March. The director of portfolio strategy at Optimal Capital, Frances Stacy, joined CBSN with a look at the latest numbers.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
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ICE releases wife of U.S. Army soldier after monthlong detention
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How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
American passenger from hantavirus-hit cruise ship on life in quarantine
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How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma becomes latest state to sue Roblox over child safety concerns
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Trump Mobile says its T1 mobile phone to ship this week
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2 senators call on FAA to study impact of reduced flight attendant staffing
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RFK Jr. says he won't run for president in 2028
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FDA blocked melanoma drug as confusion reigned under Makary
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ICE releases wife of U.S. Army soldier after monthlong detention
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Ebola outbreak in Congo kills dozens, Africa's CDC says
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RFK Jr. says he won't run for president in 2028
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Cruise ship passenger on quarantine experience
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Iran says it "cannot trust" U.S. in negotiations as Trump says "we control" strait
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Trump touts "fantastic trade deals" with Xi as Beijing summit ends
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Yellowstone spinoff "Dutton Ranch" premieres
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"Survivor" contestants on double elimination
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National Recording Registry adds Taylor Swift, Beyoncé, Ray Charles, more
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Troubling trend for touring musicians
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Oklahoma becomes latest state to sue Roblox over child safety concerns
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Trump Mobile says its T1 mobile phone to ship this week
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