As layoffs slow, jobless claims fall to new pandemic low
Worker shortage around the U.S. makes businesses wary of laying people off, labor data show.
Unemployment
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.
8/20: Red and Blue
Final day of the Democratic National Convention; Michigan proposing settlement for Flint residents
Trump defends coronavirus executive orders
President Trump is defending the executive orders he signed over the weekend and says that they will help out-of-work Americans and others facing financial problems during the pandemic. Weijia Jiang reports.
July unemployment falls to 10.2%
The economy added 1.8 million jobs in July, dropping the unemployment rate to 10.2%. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the numbers and whether a second wave of layoffs is expected at small businesses.
8/13: Red and Blue
U.S. reportedly lagging behind on COVID19 testing; Iowa's crucial role in the 2020 election
8/10/20: Red and Blue
Pres. Trump facing bipartisan backlash; Previewing the Democratic National Convention
Republicans unveil scaled back financial help for Americans
Republicans are unveiling a proposal to extend benefits for Americans, but in a scaled back fashion. A final agreement with Democrats could be weeks away, and time is running out for millions of unemployed workers. Nancy Cordes has the latest.
House rallies around AOC after argument
House Democrats rallied around New York Congresswoman Alexandria Ocasio-Cortez after an encounter outside Congress, where she says Republican Ted Yoho called her “disgusting” for suggesting the rise in crime in New York was tied to poverty and unemployment. She claims he called her a misogynistic slur. He denies it.
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.
Airlines plan to furlough thousands of employees
United Airlines is expecting to furlough about 36,000 of its employees this fall. Other major carriers are also furloughing thousands of its employees as the coronavirus pandemic continues to devastate the airline industry. Kris Van Cleave reports.
Trump praises jobs report despite COVID surge
Despite warnings that the economy could take another hit, President Trump wasted no time in hailing Thursday’s jobs report as evidence the pandemic is under control. Weijia Jiang reports.
7/9: Red and Blue
Dr. Fauci warns some states should pause reopening; Catching up on the 2020 campaign trail
Outlook for economic recovery
Washington Post economics correspondent Heather Long joined "Red and Blue" to discuss what U.S. economic recovery may look like after more than 1 million people filed for unemployment for the 14th week straight.
7/2: Red and Blue
Controversy growing over Russian bounty intel; Pres. Trump to visit Mt. Rushmore for July 4th
6/25: Red and Blue
Pres. Trump campaigning in Wisconsin; Texas halts reopening amid surge in COVID19 cases
7/16: Red and Blue
Shakeups at Trump's reelection campaign; Twitter investigating massive hack on prominent accounts
1.5 million more workers filed for unemployment
More states are seeing record numbers of new coronavirus cases this week. Meanwhile, the number of unemployment claims continues to rise in America, and many of those receiving unemployment checks are saying that it is not enough. Carter Evans reports.
1.5 million jobless claims filed last week
More than 1.5 million Americans filed for unemployment last week. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss what the latest numbers mean and what soaring retail sales could indicate for an economic recovery.
Black-owned businesses struggle amid pandemic
Another 1.5 million people applied for unemployment insurance in the latest Labor Department report, adding to the millions who have already made claims. Mark Strassmann take a look at the numbers and those affected most.
May unemployment drops to 13%
In a surprising turn, the economy added 2.5 million jobs in May, dropping the new unemployment rate to 13.3%. CBS News Business Analyst Jill Schlesinger joins "CBS This Morning" to discuss the reasons behind the unexpected positive data.
Another 2.1 million jobless claims filed
Another 2.1 million Americans filed for unemployment benefits in the past week. Many Americans are relying on those benefits, but some are still waiting for their first unemployment check. Mark Strassmann reports.
Unemployment scheme hits out-of-work Americans
U.S. authorities are warning against an international crime ring stealing hundreds of millions of dollars in unemployment benefits intended for Americans who have lost their jobs during the pandemic. Jeff Pegues reports.
Floridians frustrated with unemployment system
Florida’s unemployment insurance system is among the most troubled in the country — slow to process claims and challenging for claimants to navigate.
Americans struggle during financial fallout
Millions of unemployed Americans are relying on their unemployment checks to pay their rent and to feed their family, but many are concerned about their finances when the unemployment checks stop in July. Mark Strassmann reports.
Judge rejects DOJ's push to force California to set aside ballots
Investigation
Classified material missing from Epstein files, documents suggest
Live
Obama and Trump hold dueling rallies as midterm campaigns make final pitch
High-speed train crash in Spain kills at least 68, dozens injured
Experts react to new findings on CTE in former NFL players
Live
Qatari mediators hand Iran new proposal to end the war
Ted Cruz calls El-Sayed a "jihadist leprechaun" at campaign stop
Brewers defeat Rays in 5 games to win first World Series in franchise history
