Number of first-time jobless claims hits pandemic low
Last week, 293,000 people filed for jobless aid, the lowest number since March 2020.
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Last week, 293,000 people filed for jobless aid, the lowest number since March 2020.
The Delta variant and a tight labor market held back job growth, with public school hiring lower than expected.
Some 326,000 workers filed first-time unemployment claims last week as Delta-fueled layoffs declined.
A Delta-fueled coronavirus spike is causing an uptick in layoffs, with 362,000 initial unemployment claims being filed last week.
Number of Americans applying for unemployment aid remains about 60% higher than before the pandemic.
Desperation is growing by the day for Americans who lost their jobs over the coronavirus pandemic, and an estimated 17 million people could now be facing hunger, in addition to those who already battle it every day. Feeding America, the national organization linking U.S. food banks, estimates it will need an additional $1.4 billion to meet increased needs over the next six months. Mireya Villarreal speaks to a newly unemployed couple in New Orleans who have turned to a food pantry as the virus crisis keeps the city under lockdown.
The most recent jobs report shows the nation’s unemployment rate is at a six-year low of 5.9 percent. Senior Columnist for Yahoo! Finance Michael Santoli discusses the encouraging numbers with the “CBS This Morning: Saturday” co-hosts.
A record 20.5 million Americans lost jobs in April, according to an unemployment report released by the Labor Department Friday. The U.S. unemployment rate jumped to 14.7%, the worst since the Great Depression. CBS News business analyst Jill Schlesinger joins "CBS This Morning: Saturday" to unpack the staggering figure and discuss what it means for the future of the country.
The U.S. economy added 321,000 jobs in November, keeping the nationwide unemployment rate at 5.8 percent. This year has been the best for job creation since 1999. CBS News business analyst Jill Schlesinger joins "CBS This Morning Saturday" to discuss the numbers.
Michael Santoli, senior columnist for Yahoo Finance, joins “CBS This Morning: Saturday” with a closer look at January’s jobs report, which saw the country’s unemployment rate hit its lowest point in five years.
Federal labor data show that millions of job vacancies are going unfilled. Analysts say that could slow the recovery.
Some 332,000 U.S. workers applied for unemployment last week as the Delta variant and hurricanes weighed on labor market.
New data estimates that 9.1 million Americans lost financial assistance after Congress' expansion of the federal relief program expired on Labor Day. CBS News MoneyWatch reporter Aimee Picchi joins CBSN AM with more details on that plus the stagnant minimum wage.
Some 310,000 people applied for first-time jobless aid last week, the lowest number since the pandemic began.
U.S. job openings hit a record high in July with nearly 11 million. Meanwhile, around 8.4 million people remain unemployed, creating a labor gap as the economy tries to get back on track. Heather Long, economics correspondent for The Washington Post, joins CBSN to discuss.
The disconnect between job openings and the ranks of the unemployed is something of a "big mystery," one economist says.
"Once that last check comes, that will be devastating," said one woman whose benefits expire on September 6.
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.
On this Labor Day, Labor Secretary Marty Walsh joins "CBS This Morning" to discuss the job market during the pandemic, and the end of federal COVID relief unemployment benefits, which have been aiding millions of jobless Americans.
While customers are back in restaurants and other businesses around the country, many employees are not, creating job openings that few expected – and giving lower-wage workers a rare chance to pursue a new, better-paying career.
Employers added only 235,000 jobs last month, a sign the Delta variant is weighing on the labor market.
President Biden is blaming the rapid spread of the COVID-19 Delta variant for the disappointing jobs numbers in August. The release of the jobs report comes as the president taps former Delaware governor Jack Markell as his administration's new Afghan refugee resettlement czar. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN with details.
New Labor Department data shows U.S. hiring significantly slowed in August, just days before millions of Americans are set to lose pandemic unemployment aid. Sarah Ewall-Wice, who covers economic policy for CBS News, spoke to CBSN's Christina Ruffini about what's driving the change.
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.
Yet while layoffs are easing, economists say the latest COVID-19 surge is weighing on job growth.
The U.S. denies Iran's claim to have closed the Strait of Hormuz amid a new exchange of fire, and India fumes over a U.S. strike that killed 3 tanker crewmembers.
A veteran North Korea analyst says Xi Jinping's visit to North Korea was about keeping tabs on an emboldened Kim Jong Un who wants "to confront the U.S."
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Section 702 of the Foreign Intelligence Surveillance Act lapses Friday.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
India lodges a "strong protest" over 3 sailors being killed as the U.S. military says it has disabled several oil tankers this week for violating the blockade on Iran.
Vance Boelter, the man accused of a deadly attack on Minnesota lawmakers, is expected to plead guilty to federal charges Thursday morning.
A judge denied a request to block the DOJ's "anti-weaponization fund," noting Acting Attorney General Todd Blanche had already vowed not to move forward. But the judge warned: "Don't play possum with this court."
The wrongful arrest is just one of over a dozen in recent years linked to facial recognition technology.
Forensic tests helped identify a man whose remains were found inside a sleeping bag in Washington state in 2000.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
Games are likely to be tied at the end of regulation at the 2026 World Cup, especially in the late stages of the tournament with a highly competitive field.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
FOX and NBCUniversal have the broadcasting rights for the 104 World Cup games being played in the U.S., Canada and Mexico.
GoPro cameras have enabled the adventurous to record images of their experiences for nearly 25 years. But the company is under extreme pressure from intensifying competition, rising costs and more.
According to a recent survey, 71% of U.S. public school teachers said they work at least one second job.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Splashy initial public offerings often skyrocket early on, only to return to earth with a thud, Wall Street analysts say.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
Section 702 of the Foreign Intelligence Surveillance Act lapses Friday.
California's Democratic Gov. Gavin Newsom spearheaded a redistricting initiative that was intended to make up to five more districts more friendly to Democrats. Voters may have different ideas.
A judge denied a request to block the DOJ's "anti-weaponization fund," noting Acting Attorney General Todd Blanche had already vowed not to move forward. But the judge warned: "Don't play possum with this court."
The U.S. military launched an additional round of strikes on targets within Iran early Thursday morning local time, hours after President Trump vowed to hit Iran "hard."
The FDA approved a new ingredient for sunscreen that's been in use in Europe for years. Dr. Jon LaPook has more details.
A sunscreen ingredient that's been available in Europe, Japan and South Korea for years has finally been approved by the FDA for sale in the U.S.
There's a new safety concern about doctors prescribing one experimental weight loss treatment, retatrutide, that hasn't even been FDA approved yet. Adam Yamaguchi reports.
Doctors are jumping the gun to prescribe a medication lacking FDA approval that has gone viral on social media. "Why are we waiting?" one physician asked.
Approved 20 years ago as a diabetes treatment, GLP-1 drugs have been found to help patients reduce weight, changing the lives of more than 30 million people in the U.S. But there also have been troubling side effects reported.
India lodges a "strong protest" over 3 sailors being killed as the U.S. military says it has disabled several oil tankers this week for violating the blockade on Iran.
The diplomat was found dead at the Sakura Residence & Hotel, according to attorneys familiar with the case.
The U.S. denies Iran's claim to have closed the Strait of Hormuz amid a new exchange of fire, and India fumes over a U.S. strike that killed 3 tanker crewmembers.
Five Mexican police officers were killed and five others wounded on the eve of the World Cup opener in Mexico City, authorities said.
Games are likely to be tied at the end of regulation at the 2026 World Cup, especially in the late stages of the tournament with a highly competitive field.
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
Musician G Flip first rose to fame in Australia but has become a global star since their song "Bed of Fire" appeared in the series "Off Campus." They speak to "CBS Mornings" about how the song's popularity has impacted their music, family support and advice for young artists.
Amazon Books editorial director Sarah Gelman joins "CBS Mornings" to reveal Amazon's best books of the year so far and why they made the list.
Pope Leo XIV met with music superstar Bad Bunny in Spain as the pontiff continues his multi-city tour. CBS News' Chris Livesay reports.
Hollywood stars like Daniel Radcliffe and Rachel Dratch took to the stage this Broadway season. CBS News' Taylor Masi spoke with some of the stars at the 2026 Tony Awards.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
Major tech players are racing to put AI on your face, literally, with smart glasses. Ziad Asghar, senior vice president and general manager of XR, Wearables and Personal AI for Qualcomm, joins CBS News to discuss.
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.
The iPhone was introduced in 2007, the same year the U.S. birth rate started to slide. The issues could be linked, a new analysis finds.
Last week, Anthropic, valued at almost a trillion dollars, filed to go public. Yesterday, its chief rival OpenAI confidentially filed for an initial public offering. Later this week, SpaceX is set to go public in what could be the largest IPO ever. Jon Krohn, the co-founder and CEO of Y Carrot, joins CBS News to discuss.
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
The diplomat was found dead at the Sakura Residence & Hotel, according to attorneys familiar with the case.
Five Mexican police officers were killed and five others wounded on the eve of the World Cup opener in Mexico City, authorities said.
The wrongful arrest is just one of over a dozen in recent years linked to facial recognition technology.
Vance Boelter, the man accused of a deadly attack on Minnesota lawmakers, is expected to plead guilty to federal charges Thursday morning.
Microsoft co-founder Bill Gates spoke to reporters on Capitol Hill Wednesday before testifying for members of the House Oversight Committee about his ties to convicted sex offender Jeffrey Epstein. CBS News' Taurean Small reports.
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Brenden Aaronson, Folarin Balogun, Antonee Robinson, Alex Freeman, Sebastian Berhalter and Ricardo Pepi and speak with Nicole Valdes about playing for the U.S. Men's National Team in the 2026 World Cup.
Alex Freeman, Brenden Aaronson, Antonee Robinson, Folarin Balogun, Ricardo Pepi and Sebastian Berhalter speak with Nicole Valdes about what their favorite fan chants are, the best advice they've heard from coaches and more.
In an exclusive interview with CBS News, the parents of Karmelo Anthony, the Texas teenager who was sentenced to 35 years in prison for the murder of a fellow high school athlete, spoke about their son and the trial.
Billionaire Bill Gates was on Capitol Hill on Wednesday testifying to lawmakers about his ties to the late convicted sex offender Jeffrey Epstein. Nikole Killion reports.
A new poll from Edward Jones and Gallup of more than 5,000 adults found only 16% felt financially "fulfilled." More than half said they feel financially "conflicted," experiencing both stability and uncertainty. 32% were financially stressed. Washington Post columnist Michelle Singletary joins "The Daily Report" to discuss her article about the poll.