Growing number of Americans facing prospect of long-term unemployment
According to Labor Department data, in August, nearly 2 million people in the U.S. faced long-term unemployment, defined as being out of work for at least 27 weeks.
Watch CBS News
According to Labor Department data, in August, nearly 2 million people in the U.S. faced long-term unemployment, defined as being out of work for at least 27 weeks.
Emily Groveman left her last job in 2023 and hasn't been able to find another one since. She's tried everything, she says, from reaching out to her network of friends, to working with a recruiter, to posting resume reels on LinkedIn. As Jericka Duncan reports, she's not alone.
The Trump administration has issued layoff notices to more than 4,000 federal workers as the government shutdown enters its 13th day. CBS News congressional correspondent Caitlin Huey-Burns has the latest.
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
An expert points to three main factors and explains why the Black women unemployment rate is a warning sign.
Federal workers are already feeling the uncertainty of the government shutdown. FDA Microbiologist Stephanie Rogers, a single mother of two who was furloughed Wednesday morning, joins "The Takeout" to share her concerns.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
New data from the Labor Department shows that inflation ticked up last month with the consumer price index rising by nearly 3% in August compared to the year before. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The unemployment rate for 20 to 24 year olds is more than 9% — double the national average. New research shows artificial intelligence is making it even harder to land a first job. Bharat Chander, researcher at the Stanford Digital Economy Lab, joins to discuss.
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Bureau of Labor Statistics on Tuesday said the U.S. added 911,000 fewer jobs than previously reported in the 12-month period ending in March 2025. Douglas Holtz-Eakin, former director of the Congressional Budget Office, joins "The Takeout" to discuss the state of the U.S. economy.
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
The recent lackluster jobs report showed a cooling U.S. labor market with only 22,000 jobs added in August. CBS News MoneyWatch correspondent Kelly O'Grady has more on how it could impact the Federal Reserve's next interest rate decision.
White House National Economic Council director Kevin Hassett told "Face the Nation with Margaret Brennan" that he believes the Federal Reserve "needs to be fully independent of political influence" as President Trump continues to pressure Fed Chair Jerome Powell to lower interest rates. CBS News business contributor Javier David has the latest.
A lackluster jobs report has sparked concern after the Department of Labor announced it only added 22,000 jobs last month and that the unemployment rate is the highest since 2021 at 4.3%. President Trump maintained his stance that the Federal Reserve should cut interest rates.
The August jobs report fell short of economists' muted expectations. The Labor Department said U.S. employers added 22,000 new jobs last month. Economists had expected a number closer to 80,000. The unemployment rate also ticked up slightly to 4.3% in August. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The U.S. economy added 22,000 non-farm jobs in August, below the 75,000 forecast by leading economists. Unemployment ticked up to 4.3%. CBS News' Jo Ling Kent reports and Justin Wolfers, an economics professor at the University of Michigan, joins "The Takeout" to discuss.
Artificial intelligence is growing at a rapid pace, leaving some young workers wondering what the technology means for their future. According to a report from Wired, economists at Stanford University say they've found the strongest evidence yet that AI is starting to eliminate certain jobs for young people. Will Knight, senior writer at Wired and author of the A.I. Lab newsletter, joins CBS News to discuss.
When President Trump fired the head of the Bureau of Labor Statistics earlier this month, he accused her, without evidence, of producing fake job numbers before the last presidential election. Julia Lane, a professor at New York University's Wagner Graduate School of Public Service, joins "The Daily Report" to discuss more.
President Trump has announced E.J. Antoni, the Heritage Foundation's chief economist, as his pick to run the U.S. Bureau of Labor Statistics after the previous chief was fired amid a weaker-than-expected jobs report. Antoni on Monday criticized the monthly jobs report as flawed and suggested it be replaced with "more accurate, though less timely, quarterly data." James Bennet, D.C. bureau chief for The Economist, joins "The Takeout" with analysis.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
President Trump fired the Bureau of Labor Statistics commissioner on Friday. The reason cited, though it lacked evidence, was that last week's job report was "rigged." Katharine Abraham, who held the position from 1993 until 2001, joins "The Takeout" to discuss.
President Trump says the Iran war will end "very soon," but Tehran says it's "prepared to continue attacking" indefinitely, and it won't let oil leave the Gulf.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Investigators are searching a New Mexico ranch where Jeffrey Epstein once entertained guests, amid allegations that it may have been used for sexual abuse and sex trafficking.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Voters in northwest Georgia headed to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Tommy Thompson found the S.S. Central America and its thousands of pounds of sunken treasure that sat at the bottom of the Atlantic Ocean for more than 150 years.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Voters in northwest Georgia headed to the polls all day to have their say in who will replace Marjorie Taylor Greene in Congress.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
When it comes to European Union territory, you can't go much further east than Cyprus. So far east, in fact, that it's within reach of Iran's weapons.
The most decorated American Winter Paralympian had her left leg amputated at age 9 and her right leg amputated at age 14.
According to U.S. Central Command, over 5,000 targets were struck and 50 Iranian vessels were damaged or destroyed in the first 10 days of the war with Iran.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
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.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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.
President Trump is offering political risk insurance to any tankers operating near Iran as the Iran war continues. Jatin Dua, director of the Oceans Lab at the University of Michigan, joins "The Daily Report" to discuss.
Warning: Some viewers may find images in this report disturbing. Defense Secretary Pete Hegseth vowed that Tuesday would be the most intense day of strikes against Iran. CBS News' Holly Williams reports on the impact of the war so far and Sam Vinograd has more on the Strait of Hormuz.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
President Trump is preparing an executive order that he says will try to revert the economics of college sports back to what they were like before players could profit from their name, image, and likeness. Ross Dellenger, college football reporter for Yahoo Sports, joins to unpack what the president is trying to do.
Georgia's Tuesday special election to replace former Rep. Marjorie Taylor Greene is shaping up to be a potential test of grassroots energy and the power of an endorsement from President Trump. Political strategists Matt Bennett and Maura Gillespie join with analysis.