Another 1.5 million file for unemployment
The Labor Department says another 1.5 million workers filed for jobless aid last week. CBS News business analyst Jill Schlesinger breaks down the numbers.
Unemployment
1.5 million jobless claims filed last week
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to explain why weekly job losses continue despite a big gain in May and why the Labor Department's own data is confusing.
Impact of latest unemployment numbers
More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy.
Another 1.5 million Americans filed for unemployment
While the pace of layoffs around the country has declined, 30 million Americans are receiving jobless aid.
Fed says 15 million Americans will remain jobless by year-end
Central bank expects unemployment to remain above by 9% by year-end and for joblessness to remain elevated into 2022.
What's really behind the startling dip in U.S. unemployment?
Although the job market has likely touched bottom, how fast it breaks for the surface is anyone's guess.
Criminals stealing billions of dollars in unemployment funds
Some fraudsters are targeting people with false job offer and phony assistance filing for jobless aid.
Trump: strong economy will help race relations
President Trump said Friday that May's jobs report is the first step in the country's comeback from the coronavirus pandemic; and that it will help race relations. CBS News chief Washington correspondent Major Garrett, CBSN political contributor and Democratic strategist Joel Payne and Republican strategist Joseph Pinion join CBSN to discuss.
Recent graduates face uncertain future
The future is uncertain for many who recently graduated from college, trade schools or vocational programs. The coronavirus pandemic has led to an economic downturn, and many companies are now on a hiring freeze, and even rescinding job offers. CBS News campaign reporters Cara Korte and Zak Hudak spoke with some of these students whose lives are now in limbo.
Analyst breaks down May jobs report
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.
Trump touts jobs report amid U.S.-wide unrest
President Trump appeared energized at a Friday press conference where he touted the latest jobs report, which says the U.S. economy added 2.5 million jobs last month. This comes at the end of a week of harsh criticism from both sides of the aisle for the president, over his response to protests and racial issues roiling the country. Ben Tracy reports on the latest from Mr. Trump at the White House.
Trump hails drop in unemployment rate
President Trump is hailing a surprising drop in the unemployment rate. Paula Reid reports.
Unemployed African Americans feel virus' impact
The good news on the unemployment rate wasn't felt by all Americans. For black workers, the rate continued to rise in May. Mark Strassmann reports.
Florida businesses cautiously re-open
Many states, including Florida, are continuing to re-open businesses despite reports of increasing coronavirus infections. Manuel Bojorquez reports.
2020 Daily Trail Markers: Biden hits Trump for George Floyd comments
"Hopefully, George is looking down right now and saying this is a great thing that's happening for our country," President Trump said Friday.
Higher unemployment rates impact black workers
Blacks and Latinos occupy many of the frontline service-sector jobs that saw higher unemployment in recent weeks.
Stock market jumps on surprisingly strong jobs report
The "biggest payroll surprise in history" is fueling investor optimism that the economy is rebounding.
U.S. unemployment falls to 13.3%, confounding forecasters
Employers added 2.5 million jobs in May, reversing April's sharp drop and showing hope for a swifter recovery.
Trump hails jobs numbers and "equality," says it's a "great day" for Floyd
President Trump declared victory over improving unemployment numbers and a week of protests, saying the George Floyd is looking down on the progress.
Poll: 67% say U.S. is on the wrong track
A new CBS News poll finds two-thirds of Americans say the U.S. is on the wrong track, as the nation deals with three major crises: the coronavirus pandemic, record unemployment, and protests over police brutality. Karen Tumulty, a Washington Post columnist covering national politics, joined CBSN to discuss what this all means for the 2020 presidential election.
Nearly one in five say coronavirus has caused financial hardship
Lower-income Americans are more likely to feel hardship, according to latest CBS News poll.
Nearly 2 million Americans filed for unemployment last week
Applications for jobless aid have been dropping steadily, indicating that the worst of the layoffs may have passed.
Another 1.9 million file for unemployment
The Department of Labor says unemployment claims hit 1.9 million last week, but that's down 249,000 since the prior week. IRC Wealth CEO David Ragland joins CBSN to discuss the significance of those numbers, and why the stock market continues to stay afloat.
Worst of the layoffs have passed, latest jobs data suggest
Payroll firm ADP reported 2.8 million jobs lost in May, fewer than many thought, bolstering hopes of a layoffs peak.
More than 3 million Americans filed for jobless aid last week
Some 42 million workers have lost their jobs since March — twice the number lost during the entire Great Recession.
Peltola says she "knew nothing about" the other Dan Sullivan
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Investigation
Whistleblower says DEA let fentanyl pills hit the streets
