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.
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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.
Trump's optimism about talks to end the Iran war has been tempered by denials from Tehran, and violence that continues to keep the Strait of Hormuz gridlocked.
Nearly 12% of all TSA officers who were scheduled to work on Sunday called out – the most since the start of the partial government shutdown.
A shadowy group claiming antisemitic attacks in Europe amid the Iran war tells CBS News it will target "U.S. and Israeli interests worldwide."
Former Rep. David Rivera of Florida is accused of secretly lobbying for the Venezuelan government during the first Trump administration.
The Senate is closing in on a deal to fund the bulk of the Department of Homeland Security and end the partial government shutdown that has stretched for six weeks.
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
Two pilots were killed and dozens of people injured at New York's LaGuardia Airport late Sunday night when an arriving Air Canada Express plane and fire and rescue vehicle collided, authorities said.
The Defense Department says it will issue new press credentials but remove media offices from the Pentagon, after a judge ruled that the military's new rules to get access to the Pentagon were unconstitutional.
Oklahoma Gov. Kevin Stitt appointed energy executive Alan Armstrong on Tuesday to replace newly confirmed DHS Secretary Markwayne Mullin in the Senate.
The Senate is closing in on a deal to fund the bulk of the Department of Homeland Security and end the partial government shutdown that has stretched for six weeks.
The National Highway Traffic Safety Administration said the issue can reduce the driver's ability to detect hazards and increase the risk of a crash.
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
Nearly 12% of all TSA officers who were scheduled to work on Sunday called out — the most since the start of the partial government shutdown.
The National Highway Traffic Safety Administration said the issue can reduce the driver's ability to detect hazards and increase the risk of a crash.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
"TSA PreCheck will likely help you, even now with the long lines we're seeing at checkpoints," said one travel expert.
Pet ownership costs over the past year have increased by up to 10%, according to Rover.
Oklahoma Gov. Kevin Stitt appointed energy executive Alan Armstrong on Tuesday to replace newly confirmed DHS Secretary Markwayne Mullin in the Senate.
The Senate is closing in on a deal to fund the bulk of the Department of Homeland Security and end the partial government shutdown that has stretched for six weeks.
Former Rep. David Rivera of Florida is accused of secretly lobbying for the Venezuelan government during the first Trump administration.
The Defense Department says it will issue new press credentials but remove media offices from the Pentagon, after a judge ruled that the military's new rules to get access to the Pentagon were unconstitutional.
The Senate confirmed Markwayne Mullin as secretary of the Department of Homeland Security on Monday, finalizing President Trump's shakeup of DHS following months of scrutiny of Kristi Noem's leadership.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
A shadowy group claiming antisemitic attacks in Europe amid the Iran war tells CBS News it will target "U.S. and Israeli interests worldwide."
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
Eugene de Kock testified that one of the police officers implicated in the killings had asked him to help assist with a cover-up.
Trump's optimism about talks to end the Iran war has been tempered by denials from Tehran, and violence that continues to keep the Strait of Hormuz gridlocked.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
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.
Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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.
Several Jewish community ambulances were torched in London in a suspected antisemitic arson attack. CBS News' Inaya Folarin Iman reports.
Dayton Webber, a quadruple amputee known as one of the top professional cornhole players in the U.S., is facing a series of charges including first-degree murder. Shanelle Kaul reports on the case against Webber.
Eugene de Kock testified that one of the police officers implicated in the killings had asked him to help assist with a cover-up.
A U.S. Park Police officer was seriously wounded in an ambush shooting in Washington, law enforcement officials said. The officer was targeted, they said.
Prosecutors say the man charged in the murder of Loyola University Chicago student Sheridan Gorman missed his first court appearance Monday as he receives treatment for tuberculosis. CBS News immigration correspondent Camilo Montoya-Galvez has the latest.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
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.
An Iranian official told CBS News that Tehran received "points from the U.S. through mediators" after initially denying President Trump's claims that the U.S. and Iran were in talks. CBS News' Ed O'Keefe and Chris Livesay have more.
Several Jewish community ambulances were torched in London in a suspected antisemitic arson attack. CBS News' Inaya Folarin Iman reports.
CBS News correspondents Skyler Henry and Nicole Sganga stood in line with flyers at TSA checkpoints in Atlanta and Houston airports to track how long it takes to go through security as the partial shutdown drags on.
TSA lines continue to grow longer at airports across the country, and lawmakers are facing anger from travellers who want the partial government shutdown to end. CBS News' Skyler Henry and Taurean Small report.
President Trump wants to find a diplomatic end to the war against Iran, but strikes from Tehran continue to affect Israel and the Gulf states. CBS News' Aaron Navarro and Holly Williams report.