College grad unemployment rises amid AI use
The unemployment rate for new college graduates has recently surged. Economists say businesses are now replacing entry-level jobs with artificial intelligence. Ali Bauman has the story.
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The unemployment rate for new college graduates has recently surged. Economists say businesses are now replacing entry-level jobs with artificial intelligence. Ali Bauman has the story.
The June jobs report beat expectations, with more than 140,000 new positions added last month. The unemployment rate declined to 4.1%. But there is more to the numbers than just the headline. Jo Ling Kent explains.
The June jobs report is out from the Bureau of Labor Statistics and it shows a solid labor market despite economic uncertainty. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Searching for work during the holidays may be less difficult than you think because of the strong economy. Economists expect employers created about 180,000 jobs. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how job seekers can take advantage of the holiday season.
Employers added 128,000 jobs in October, stocks are hitting a record high, and the national unemployment rate is near a historic low, but last week the Justice Department released data showing unemployment is ticking up in nearly a third of U.S. counties. Washington Post economics correspondent Heather Long spoke to CBSN's "Red & Blue" about what it all means.
While filings remain at historic lows, the uptick in unemployment claims from last week could point to a slowing labor market ahead of jobs report.
U.S. economy adds 177,000 jobs in April; Prince Harry loses appeal in U.K. security case.
In this two-part story, Lesley Stahl profiles STRIVE, a Harlem-based nonprofit that prepares chronically unemployed people for the workforce. Part boot-camp, part group therapy, STRIVE placed more than 15,000 clients in jobs over 12 years, jobs most still had two years later.
Bob Simon visits Greyston Bakery in Yonkers, which started more than two decades ago with the goal of employing the chronically unemployed. But the good work doesn't end there: Greyston's profits help fund day-care centers, scholarships and health clinics.
For President Barack Obama, the choice is clear: "Do we keep moving forward and continue to make progress, or do we go backwards to the very policies that got us into this mess in the first place?" Steve Kroft reports.
President Barack Obama says that in his vision of America, "everybody's got a shot," and hard work and character are valued above all else. Also, how does the president end each day? Steve Kroft reports.
The Fed chair talks to Scott Pelley about unemployment, the deficit and pressing economic issues.
Why is African-American unemployment nearly double that among whites? The chair of the Federal Reserve has a theory.
While "buy now, pay later" loans have been used for big-ticket items for years, new data shows that a growing number of American consumers use the method for everyday items. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Many workers aren't working as much as they'd like. Here's what one expert says the federal unemployment rate fails to capture.
Employers across the U.S. added 177,000 jobs in April, a sign the labor market remains healthy despite concerns rising U.S. tariffs.
U.S. job growth was weaker than expected in February, although still strong, according to the Labor Department's first jobs report of the second Trump administration. 151,000 jobs were added last month, falling below economists' predictions of 160,000. The unemployment rate ticked up to 4.1%. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Americans express concern about their ability to pay bills and save money.
U.S. job growth in January was weaker than expected according to the latest Bureau of Labor Statistics data. CBS News MoneyWatch correspondent Kelly O'Grady explains what this means.
New data from the Bureau of Labor Statistics shows the U.S. added 143,000 jobs last month, fewer than economists predicted. The report also showed that the unemployment rate fell slightly to 4%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News contributor Javier David explains why investors see the better-than-expected jobs report as a bad thing.
The number of Americans applying for unemployment benefits fell slightly last week. Meanwhile, the average 30-year mortgage rate hit 6.85%, the highest since July. CBS News contributor Javier David breaks it down.
A federal appeals court upheld a law Friday that would ban TikTok in the U.S. if the app's Chinese parent company, ByteDance, does not sell it. TikTok and ByteDance could still appeal the case to the Supreme Court. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the challenges of reaching a deal, with the law set to take effect on Jan. 19.
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only 12,000 new hires. Despite adding roughly 100,000 fewer jobs than expected, the U.S. unemployment rate held steady at just above 4%. CBS News MoneyWatch correspondent Kelly O'Grady joins to unpack the numbers.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
In June, the FBI quietly lowered some of the standards it uses when it conducts background checks on would-be federal agents and other personnel.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
As the war passes the six-month mark, neither side showed any sign of backing down.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
On a path in Austin, Texas, a chance meeting changed the lives of two men with one thing in common.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
A California couple were in a Nepali village when an avalanche of powerful waters ripped down from the high Himalayas toward them.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.
Tonight, Nashville's Grand Ole Opry will remember Dolly Parton in a star-studded tribute. The beloved country singer was also celebrated for her humanitarian efforts, including her Imagination Library charity, which promoted literacy for young readers. The Dollywood Foundation president Jeff Conyers joined "CBS Saturday Morning" to speak on Dolly's generous soul.
Nashville based singer-songwriter and two-time Grammy nominee Maggie Rose is known for her genre-blending sound and extraordinary voice. Her new album "Half Moon" explores the thrill and uncertainty of new motherhood. Here's Maggie Rose with "Gentle Man."
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
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.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Val and Carolyn Cantú reimagine Mexican cuisine at San Francisco restaurant Californios, which has earned three Michelin stars for its 12-course tasting menu.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Haitian-born designer Pierre Laborde can't make his popular bags fast enough to keep up with intense demand. Eager shoppers queue outside of a weekly market in New York City to try to buy one of his bags.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.