Economist: Full reopening won't happen until Americans feel safe
Allianz's chief economic adviser Mohamed El-Erian says the latest jobs report shows a "long road ahead" to full economic recovery amid the COVID-19 pandemic.
Unemployment
COVID caseloads double as U.S. economy suffers
CBS News' Mark Strassmann reports from Atlanta on the ongoing impacts of the coronavirus pandemic.
Two different pandemic economies
Permanent job losses rose and hiring slowed in August, according to the latest Bureau of Labor Statistics report, but the unemployment rate is back in single digits for the first time since March. CBS News correspondent Mark Strassmann reports on the divide between Wall Street and Main Street, and Mark Hamrick, Washington bureau chief and senior economic analyst for Bankrate, joined CBSN to discuss what to take away from the latest numbers.
Asian Americans falling behind White workers in job market
Working in industries hit hard by the coronavirus — along with racism — are to blame, experts say.
On this Labor Day, 1 in 5 American workers are unemployed
Although the U.S. job market is gradually rebounding, the road to recovery is likely to take years.
U.S. economy added 1.4M jobs in August
The U.S. added 1.4 million jobs in August, according to the Labor Department. The unemployment rate also fell to 8.4%, dipping into single digits for the first time since March. Optimal Capital's Frances Stacy joined CBSN to break down the numbers.
Unemployment rate falls below 10% for first time since March
U.S. employers added 1.4 million jobs in August, although the pace of hiring has slowed this summer.
Wall Street booms, millions still unemployed
While Wall Street is booming, Main Street is seeing millions of Americans file for unemployment. Experts say it has created big winners and big losers. Mark Strassmann reports.
881,000 new jobless claims last week
New jobless claims fell to 881,000 last week, perhaps signaling the U.S. economy is heading in the right direction. Yahoo Finance's Rick Newman joins CBSN for a closer look at what this means for the overall economy.
Number of Americans applying for jobless aid ticks up
Nearly 1.6 million applied for assistance in the last week of August, with half seeking self-employed aid.
COVID's possible impact on retirement
New research from the Center for Retirement Research at Boston College suggests the COVID-19 pandemic is putting people's retirement plans at risk as 55% of people may not be able to maintain their standard of living when the reach retirement age. Yahoo Finance's Akiko Fujika joins CBSN's Lana Zak with a look at the numbers.
EMS workers in NYC brace for mass layoffs amid pandemic
The economic fallout from the coronavirus pandemic could cost hundreds of New York City EMS workers and paramedics their jobs, but they say it could cost lives if there's another COVID-19 flare-up. Nikki Battiste has details.
Jobless rate and economic impact of hurricane
Optimal Capital director Frances Stacy joined CBSN to break down the latest unemployment report and give insight into how Hurricane Laura may impact oil prices across the U.S.
Trump $300 in jobless pay: 5 states are so far are paying aid
President Trump signed the order almost three weeks ago to provide "immediate" relief to jobless workers.
Hurricane Laura threatens Trump's $300 additional unemployment aid
Storm damage could sap a quarter of the emergency fund President Trump tapped to pay unemployment benefits.
Unemployment claims remain stuck above 1 million
The number of Americans seeking aid dipped slightly from the prior week but remained at historically high levels.
U.S. consumer confidence falls in August
Consumer confidence in the U.S. fell in August to the lowest it's been in six years amid the coronavirus pandemic. Axios market editor Dion Rabouin joined "Red and Blue" to discuss the impact this could have on the nation's economic growth in the near future.
12M people have lost work-based health coverage during pandemic
COVID has cost many their jobs and access to medical care in the midst of a public health catastrophe, study finds.
30 states approved for Trump's $300 in extra jobless aid
Thirty states have received approval from FEMA for the extra benefits aimed at helping jobless workers.
Laid off man mowing seniors' lawns for free
A New Jersey man with plenty of downtime has found an uplifting way to spend it. He realized many seniors are having trouble maintaining their lawns and yards during the pandemic, so he's volunteered to take care of the green around their homes, without accepting any "green" in return. Nancy Chen has the story.
Without government help, the economy is slumping again
Bank of America says the economy needs an additional $1.4 trillion to keep the recovery going.
Pence on Bannon's arrest and mail-in voting
Vice President Mike Pence joins “CBS This Morning” to discuss the arrest of Steve Bannon and the conspiracy theory QAnon. Plus, his claims of widespread fraud in mail-in voting.
Most states haven't yet applied for extra $300 in Trump jobless aid
Nineteen states have so far applied, with officials saying it could take several weeks for some workers to get the aid.
New jobless claims rose last week as mass layoffs continue
Some 1.1 million workers filed new jobless claims last week in a sign the labor market may be faltering.
Why is the stock market hitting records when unemployment is 10%?
Wall Street has gained back all its losses from the coronavirus-induced drop in March.
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