Breaking down the weak jobs report
President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
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President Trump on Friday ordered the firing of the labor statistics boss just hours after the release of a weak jobs report. Axios economics reporter Courtenay Brown joins CBS News with analysis.
President Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a disappointing jobs report. CBS News politics reporter Kathryn Watson has more.
The U.S. added just 73,000 jobs in July -- falling far short of expectations and resulting in markets tumbling, shaken by both the report and President Trump's new tariffs. Kelly O'Grady reports.
"Face the Nation" moderator Margaret Brennan speaks with U.S. Trade Representative Jamieson Greer. More of their interview will air Sunday on "Face the Nation."
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.
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.
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.
The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the numbers.
The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.S. economy. White House economist Jared Bernstein joins CBS News 24/7 to discuss the new numbers.
A LinkedIn survey earlier this year revealed 85% of American workers want to pursue new roles. But that may prove difficult after August's jobs report showed the hot labor market is cooling down. Catherine Fisher, career expert at LinkedIn, joins CBS News with tips on how to stand out if you're looking to make a change.