12 million Americans set to lose jobless aid day after Christmas
Expanded federal benefits are scheduled to lapse in December, potentially leaving millions of people with no income.
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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.
One of the leading voices on the pandemic, Dr. Anthony Fauci favors public health measures over a national lockdown. See the interview, Sunday on "60 Minutes."
Pfizer announced Friday it will apply for FDA emergency use authorization for its COVID-19 vaccine "soon after the safety milestone is achieved in the third week in November." Meg Oliver has details.
Many jobless workers are learning their benefits are expiring even as the job market remains tough.
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
"An unseen covert war of espionage is currently unfolding" in the waters off China, the country's minister of state security has alleged.
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame Thursday night, at the age of 36.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
An Iran-linked hacker group claims to have breached FBI drones and has threatened to target the World Cup, a monitoring group says. The monitor disputes some of the other group's claims.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
Severe storms that swept through the Midwest late Thursday knocked out power to hundreds of thousands of customers, damaged buildings and canceled flights.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
Tom Mueller, Elon Musk's first hire at SpaceX, expects the company's IPO to help power a new era in space exploration.
Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
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.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center."
The signing of the memorandum or letter of intent would kick off 60 days of talks to negotiate details of an enduring U.S.-Iran agreement.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
A photographer from the Reuters news outlet saw the apparent "86 47" markings from atop the Washington Monument.
Jay Clayton is currently the U.S. Attorney for the Southern District of New York.
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.
"An unseen covert war of espionage is currently unfolding" in the waters off China, the country's minister of state security has alleged.
Hockney was a globally celebrated painter who helped lead the Pop art movement in the 1960s, spent time in California, and defiantly refused to give up smoking.
Luis Angel Lopez Valdez was killed in Veracruz just days after armed assailants abducted journalist Roxana Guzman from her home.
China says U.S. national U Min Zin, founder of a think tank focused on Myanmar, was detained on suspicion of "espionage and endangering China's national security."
Iran said Friday it had not yet reached a final conclusion on a deal to end the war with the U.S. despite President Trump announcing an agreement would be signed soon.
Taylor Swift became the youngest woman ever inducted into the Songwriters Hall of Fame Thursday night, at the age of 36.
KISS' Paul Stanley says it's an honor to be inducted into the Songwriters Hall of Fame along with his band member Gene Simmons. "This is what the American dream is about," Simmons tells "CBS Mornings."
With matches being played in 11 cities across the U.S., Mexico and Canada, fans are getting three World Cup opening ceremonies.
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.
A mother has filed a lawsuit against OpenAI, alleging the chatbot's design led to her daughter's suicide.
Many have watched recently released UFO videos, but most still think the government knows more than it is saying.
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.
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.
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.
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.
Luis Angel Lopez Valdez was killed in Veracruz just days after armed assailants abducted journalist Roxana Guzman from her home.
Timothy Hudson, 16, is accused of sexually assaulting and killing Anna Kepner, his 18-year-old stepsister, while the family was on a cruise.
The step-grandmother of Timothy Hudson, the 16-year-old stepbrother of Anna Kepner, who has been charged in her death and sexual assault, says Kepner's father and stepmother should be charged with parental neglect.
The Supreme Court declined a request from Alabama to move forward with a scheduled execution using nitrogen hypoxia, with Justices Clarence Thomas, Samuel Alito and Neil Gorsuch dissenting.
Karmelo Anthony's mother Kala Hayes told CBS News that her son "didn't mean to hurt anyone" and "was defending himself" when he stabbed another student, Austin Metcalf.
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.
As the war in Iran continues and prices keep rising, CBS News is following stories about everyday Americans finding new ways to cope with the increasing costs.
As artificial intelligence cements its role across more U.S. job sectors, career training experts say the technology is actually reviving the need for liberal arts skills and diminishing the need for more traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo has more.
Severe weather broke out in the Midwest on Thursday, day three of a multi-day threat. More than 120 million people are in the path of potentially dangerous storms. In Des Moines, a man was killed after a tree broke apart and fell on him as storms passed through. Rob Marciano reports and has the forecast.
President Trump announced Thursday that the U.S.had reached a "settlement" with Iran that would begin talks to possibly end the war. Andrew Borene, a senior fellow at the National Security Institute and a former senior intelligence official, joins "The Daily Report" to discuss.
U.S. and Iran expected to have 60 days to reach deal upon letter of intent signing; Thune under pressure from Trump to fire Senate parliamentarian.