1 in 4 Americans are jobless or earning poverty-level wages
Official government statistics don't fully capture just how much millions of Americans are hurting, one expert says.
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Official government statistics don't fully capture just how much millions of Americans are hurting, one expert says.
The inability to earn a living wage is creating an economic headwind for the nation, one expert says.
New unemployment claims rose for the first time in five weeks, revealing the ongoing impact the coronavirus pandemic is having on the U.S. economy. The Department of Labor reports 742,000 Americans filed for unemployment benefits for the first time. Rich Steinberg , the Colony Group’s chief market strategist. joined CBSN to discuss.
Expanded federal benefits are scheduled to lapse in December, potentially leaving millions of people with no income.
After weeks of heading in the right direction, the number of new unemployment claims filed in the U.S. increased by 31,000 during the week ending November 14. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN with more on what these numbers mean and how a stimulus deal or lack thereof could affect the economy.
Number of Americans filing for unemployment is edging up, a sign America's latest COVID-19 surge his hitting jobs.
Coronavirus cases are surging in America, which is threatening the U.S. economy while many Americans are struggling to make ends meet. Michael George reports.
Jobless claims declined last week, but 709,000 Americans still filed for first-time unemployment. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama administration, joined CBSN to discuss what the current state of the economy could mean for President-elect Joe Biden's future administration.
Yet weekly applications for unemployment benefits remain nearly three times their level before the pandemic.
709,000 Americans filed claims for unemployment last week. That number is about 48,000 lower than the previous week. Frances Stacy, the director of portfolio strategy at Optimal Capital, joined CBSN with the latest.
"In the last week we haven't seen anybody sit outside," one Rhode Island restaurant manager laments.
Employers added 638,000 jobs, down slightly from the prior month, while unemployment fell to 6.9%.
The latest jobs report from the Department of Labor shows 751,000 Americans filed for unemployment in the week ending October 31, a decrease of 7,000 claims from the week before. Mark Hamrick, senior economic analyst for Bankrate, looks at what these numbers mean for our economy.
Roughly 751,000 Americans applied for first-time unemployment benefits last week as job growth loses speed.
Dental assistants, massage therapists and house cleaners are in high demand but applicants find the work too risky.
Two new economic reports reflect the impact of the ongoing coronavirus pandemic. The Labor Department says 751,000 Americans filed first-time unemployment claims for the week of October 24th, down 40,000 from the previous week. Also, U.S. GDP rebounded after a historically low second quarter. Bankrate's Washington bureau chief and senior economic analyst Mark Hamrick joins CBSN to discuss what this means for the economy and the potential impact on the 2020 election.
CBS MoneyWatch senior reporter Stephen Gandel joins CBSN to discuss how economic conditions triggered by the coronavirus pandemic may play a key role in this year's election.
As a result of the pandemic, more than 22 million Americans have lost their jobs in March and April. Though about half of those laid off are working again, others are struggling to find new roles. "CBS This Morning" spoke with several workers who were faced with unemployment and a tough job market, but have made strides in order to find new careers. LinkedIn Editor-in-Chief Dan Roth also joins the show after a new LinkedIn survey found 39% of people who became jobless during the pandemic feel anxious, and 46% have lied about being out of work.
Some 23 million Americans are still without work amid the coronavirus pandemic, which is causing many families to struggle to feed their loved ones. Mark Strassmann takes a look.
Fewer workers are filing for first-time unemployment benefits, a sign the COVID labor market is picking up.
According to the Labor Department, 787,000 Americans filed first-time unemployment claims last week, down 55,000 from the previous week. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss what this means for the economy, and the impact it could have on the 2020 election which is now less than two weeks away.
787,000 Americans filed unemployment claims for the first time last week, the lowest number since March 14. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to discuss the long-term implications of the unemployment problem.
Two weeks to go in the 2020 Presidential election; Whose vote counts this year and whose might not?
As PPP business loans run out, economists see a second wave of layoffs. "It feels completely arbitrary," said one worker made jobless.
Frustration is growing as Congress tries to agree on money for coronavirus testing, unemployment benefits and schools. Janet Shamlian reports.
The suspect in the Brown University mass shooting has been found dead in a storage unit in Salem, New Hampshire.
Federal prosecutors announced new indictments Thursday in the widening Minnesota fraud scandal, this time involving two Philadelphia-based men accused of traveling to the state.
Democrats on the House Oversight Committee have released a new batch of 68 photos obtained from Jeffrey Epstein's estate. Follow live updates here.
Seven passengers aboard a business jet that crashed Thursday at a regional airport in North Carolina have died, the State Highway Patrol said.
About half or more of the roughly $18 billion in claims paid out by Medicaid to Minnesota-run programs may have been fraudulent, and at least 14 programs were likely exploited, a federal prosecutor said Thursday.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
A man convicted of killing a couple during a home‑invasion robbery, and later confessing to three additional murders, was the 19th person executed in Florida this year.
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
The still-unsolved shooting death of MIT professor Nuno Loureiro this week has sent shockwaves through the campus.
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
The suspect in the Brown University mass shooting has been found dead in a storage unit in Salem, New Hampshire.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Federal prosecutors allege Hector Rusthenford Guerrero, 42, grew Tren de Aragua from a prison gang to a global crime syndicate.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
The president announced the one-time payments during his White House address on Wednesday. Here's what to know about timing, taxes and more.
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
Economists had expected CPI to rise at an annual rate of 3% last month.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
An FBI media adviser has emerged as one of Kash Patel's fiercest public defenders and promoters of the bureau under his leadership.
The proposals run counter to the recommendations of most major U.S. medical organizations.
White House press secretary Karoline Leavitt said the Kennedy Center's Board of Trustees voted unanimously to change its name.
House Democrats called for GOP leaders to hold a last-minute vote on extending the enhanced Affordable Care Act tax credits Thursday.
The proposals run counter to the recommendations of most major U.S. medical organizations.
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
A U.S. official says a Kremlin envoy will travel to Florida to discuss a U.S.-proposed plan to end the war in Ukraine.
As the youngest Bondi Beach shooting victim is mourned, a Texas couple tell CBS News about their "quick thinking" son's bid to intervene, and his road to recovery.
The inmate and another detainee fled an overcrowded jail after sawing through their cell bars with blades that investigators suspect were delivered by drone.
The Trump administration's announcement of plan to sell Taiwan a record $10 billion worth of weapons draws an angry response from China.
Kathy Bates rose to prominence with her Oscar-winning breakout role in Rob Reiner's adaptation of Stephen King's "Misery" in 1990.
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Gloria Gaynor told "CBS Mornings" her hit 1978 song gave her hope during one of the most difficult periods of her life.
Neil Patrick Harris says he's always loved game shows. He talks to "CBS Mornings" about how his passion started during his childhood and what it's like now hosting his own game show, "What's in the Box."
Gloria Gaynor's 1978 hit "I Will Survive" has been a motivational anthem for decades. The "Queen of Disco," a 2025 Kennedy Center Honoree, spoke to "CBS Mornings" about how the iconic song changed her outlook on life.
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Helping teens develop healthy habits around social media use and screen time is important when they first receive a smartphone. Pediatric psychologist Ann-Louise Lockhart, an Instagram brand spokesperson and author of the new book "Love the Teen You Have," joins "CBS Mornings" to share some advice and tools, such as Instagram Teen Accounts, that parents can use to help their teens. For more information on Instagram Teen Accounts, visit familycenter.meta.com. (Sponsored by Instagram)
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.
In 2025, the integration of artificial intelligence into the U.S. economy and people's everyday lives grew to historic levels. CBS News senior business and technology correspondent Jo Ling Kent joins to recap how the transformative technology expanded over the past year, and what we can expect in 2026.
OpenAI, the developer for ChatGPT, and Amazon are in talks over a possible $10 billion investment. Mark DeCambre, editor-in-chief for MarketWatch, joins with more.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Police searched an area in Salem, New Hampshire, Thursday night in connection with the recent killings at Brown University and MIT, sources told CBS News Boston. CBS News' Katrina Kaufman reports and retired FBI special agent and profiler Mary Ellen O'Toole joins with analysis.
Police are searching an area in Salem, New Hampshire, in connection with the Brown University mass shooting and the killing of the MIT professor, sources told CBS News Boston. CBS News Boston's Penny Kmitt reports and Jeff Harp, retired FBI assistant special agent in charge, joins with analysis.
The suspect in the Brown University mass shooting has been found dead in a storage unit in Salem, New Hampshire.
An arrest warrant has been issued in the Brown University shooting, sources say. CBS News' Katrina Kaufman has more.
Federal prosecutors allege Hector Rusthenford Guerrero, 42, grew Tren de Aragua from a prison gang to a global crime syndicate.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
Geoeconomics correspondent Erin Delmore joins CBS News to discuss the latest numbers on inflation.
Police searched an area in Salem, New Hampshire, Thursday night in connection with the recent killings at Brown University and MIT, sources told CBS News Boston. CBS News' Katrina Kaufman reports and retired FBI special agent and profiler Mary Ellen O'Toole joins with analysis.
Republican strategist Leslie Sanchez and Democratic strategist Joel Payne join CBS News to discuss some of the biggest political stories of 2025.
Earlier this year, Ukraine's National Information Bureau estimated nearly 20,000 children have been forcibly removed to Russia, Belarus and other regions. CBS News chief foreign affairs correspondent Margaret Brennan has more.