Disappointing April hiring keeps unemployment rate above 6%
Employers around the U.S. added 266,000 jobs last month, far short of what most economists had forecast.
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Employers around the U.S. added 266,000 jobs last month, far short of what most economists had forecast.
President Joe Biden is gearing up to deliver remarks on the April jobs report, which showed the country added just 266,000 jobs in the month. This comes as he urges Congress to take up his infrastructure proposal. CBS News chief White House correspondent Nancy Cordes joins CBSN to discuss these and other developments.
The state, with a mere 3.8% jobless rate, will instead offer bonuses to unemployed individuals who return to work.
One Jersey Shore amusement park has 1,500 job openings, with rides scheduled to open to the public on Saturday.
The owners of Slim and Husky's are trying to set an example by finding success in North Nashville, Tennessee. Forty percent of people in the neighborhood are living in poverty, and the unemployment rate is three times that of the rest of the city. Jim Axelrod reports.
On Friday, the Dow hit its eighth consecutive record high and at the same time the Department of Labor released the July jobs report showing an increase of more than 200,000 jobs and unemployment falling to a 16-year low. CBS News business analyst Jill Schlesinger joins "CBS This Morning: Saturday" to discuss why the unemployment rate doesn't tell the whole story, what other number we need to pay attention to for a fuller picture of the labor market and why wage growth has been so sluggish.
Las Vegas has seen a rise in visitors and unemployment numbers are starting to come down after the pandemic hit the Nevada city particularly hard. Business owners and residents are optimistic the city can recover once the pandemic is under control. Anna Werner reports.
Eateries are starting to reopen, but workers are in short supply. Employers are dangling bonuses and other incentives.
The job market surpassed expectations in April with 211,000 added jobs, and unemployment dropped to its lowest rate in 10 years. CBS News MoneyWatch's Jill Wagner reports from the New York Stock Exchange.
Employers pumped the brakes on hiring in March, the Labor Department announced. Just 98,000 jobs were added as the unemployment rate fell to 4.5 percent. CBS News business analyst Jill Schlesinger weighs in on the numbers.
It was supposed to give American companies access to the best tech talent in the world, but loopholes in the H-1B visa program allow firms to outsource American jobs and displace American workers. Bill Whitaker reports on Sunday, March 19 at 7:30 p.m. ET and 7 p.m. PT.
During his address, President Trump claimed that 94 million Americans are out of work. That figure includes students, retirees and others are disabled or caring for someone at home. It is not an unemployment figure.
President Trump signed a bipartisan $900 billion COVID-19 economic relief package Sunday, ending a days-long standoff with Congress. The bill also includes $1.4 trillion in funding to avoid a government shutdown. CBS News' Debra Alfarone joins CBSN AM with the latest.
The pandemic's high unemployment, loss of income and COVID-19 treatments are driving the trend.
London Mayor Sadiq Khan discusses with CBS News the potential impact of A.I. on urban jobs in the not-too-distant future.
Sadiq Khan, the mayor of London, tells CBS News a "hard Brexit" could hurt his city's standing as a global financial capital.
The Federal Reserve voted unanimously Wed. to raise interest rates one quarter of one percent. Fed Chair Janet Yellen cited falling unemployment as one reason for the move. Anthony Mason reports on how the raise may impact consumers.
A group of Democrats are pushing for an overhaul of the system, arguing that it leaves millions of workers behind.
First-time unemployment claims fell to 547,000 last week, the lowest point since the start of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss what the latest job numbers mean for the current state of the U.S. economy.
About 547,000 people filed for jobless aid last week, the lowest level of claims in more than a year.
A recent article from The Wall Street Journal highlights one demographic group that continues to struggle in the job market: American men. The author of the article, Nicholas Eberstadt, joins CBSN to discuss the "quiet catastrophe" that is burdening American men.
Donald Trump spoke in Austin, Texas on Tuesday, where he made a pitch to African-Americans, and stated that under President Barack Obama, unemployment and poverty rates have risen. Trump also invited women on the stage who said their children were killed by people who were in the country illegally. Watch the full speech here.
Even as millions of Americans remain unemployed, job listings in some sectors are surging above pre-pandemic levels.
The number of Americans seeking unemployment benefits plummeted last week to to lowest level in March since 1973; and good news for those procrastinating on their taxes -- due to a Washington D.C. holiday, the tax deadline was extended 3 days. Jill Wagner joins CBSN with more of today's business headlines.
Struggling in a coronavirus-ravaged economy; And, Holocaust survivors will be able to share their stories after death thanks to a new project
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The pileup in Michigan is the latest impact of the major winter storm moving across the U.S. More than 200 million people are in the path of the arctic blasts.
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
The pileup in Michigan is the latest impact of the major winter storm moving across the U.S. More than 200 million people are in the path of the arctic blasts.
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Thousands of pounds of ready-to-eat chicken products have been recalled due to potential contamination with listeria, officials say. The products were sold in 7 states.
Most stores on Monday are open during their regular business hours on Martin Luther King Jr. Day, with a few exceptions.
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
The Supreme Court will hear arguments on Wednesday over President Trump's attempt to fire Lisa Cook from the Federal Reserve's Board of Governors.
As his standoff with America's closest allies escalates, President Trump says not getting the Nobel Peace Prize means he's no longer obligated "to think purely of Peace."
The Justice Dept. says it's investigating a group of protesters in Minnesota who disrupted services at a church where a local ICE official apparently serves as a pastor.
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
Dr. Rachel Nazarian, a board-certified dermatologist, joins "CBS Mornings" to share her tips for saving your dry winter skin.
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Valentino Garavani's high-glamour gowns were fashion show staples for nearly half a century.
Iran's police chief says young people who joined protests were "deceived," and if they surrender within three days, they "will be treated with leniency."
Marius Borg Hoiby, who is accused of raping four women, has been charged with new crimes, including a "serious narcotics offense," prosecutors said.
Nearly 3,000 high-level participants from business, government and beyond are converging on the Swiss town of Davos for the annual meeting.
Acclaimed fashion designer Valentino Garavani, known simply as Valentino, has died at age 93. Seth Doane looks back at his life and legacy.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
As a young boy, Judd Apatow says he wanted to grow up to be like Mel Brooks, the filmmaker of such comedy classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol, "Mel Brooks: The 99 Year Old Man!" Apatow talks with Tracy Smith about the World War II veteran who broke comedy taboos by lampooning Nazis and racists, and about Brooks' long friendship with another comic legend, Carl Reiner.
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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 ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
A state judge and his wife were shot inside their home in Indiana on Sunday. Both survived, and a manhunt is on for the shooter, who apparently fired a shotgun through the door of their Lafayette home. Matt Gutman has the latest.
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
Police made a third arrest in connection with the murder of a Tennessee man who was linked to the religious group "His Way Spirit Led Assemblies," based in Inland Empire, California. CBS News' Shanelle Kaul has more details.
U.S. officials tell CBS News that the Justice Department has opened an investigation into Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey. CBS News legal contributor Jessica Levinson has more.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
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 maintains that the U.S. needs Greenland for American and NATO security, but many defense experts point out that a 1951 treaty already allows the U.S. to keep a consistent military presence on the island. CBS News' Lindsey Reiser explains.
CBS News polling shows the majority of Americans think ICE is making communities less safe. The new data comes in the wake of the deadly shooting of Renee Good by an ICE officer and the mass protests in Minneapolis that have followed. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.
Four people in the U.S. have been killed in avalanches so far this year, according to the National Avalanche Center. CBS News Colorado meteorologist Joe Ruch explains the science behind avalanches and shares safety tips.
Since President Trump took office for the second time, his efforts to reshape the Justice Department have resulted in a new focus on so-called reverse discrimination. CBS News justice correspondent Scott MacFarlane has the details.
The College Football Playoff championship game is being held in Miami on Monday night. The Miami Hurricanes will take on the Indiana Hoosiers, who are making their first appearance in the title game. Tony Dokoupil has more.