U.S. job market suffers its worst month in history
More than twice as many jobs were vaporized last month as were lost during the entire Great Recession.
Unemployment
The disconnect between the jobless rate and the stock market
The coronavirus crisis "is hitting the lower 60% of the economy much harder than it's hitting the upper 40% of the economy," market analyst Frances Stacy said.
U.S. unemployment hits 14.7% in April
New numbers from the Bureau of Labor Statistics show the U.S. unemployment rate hit 14.7% in April as the coronavirus pandemic devastated the economy. Frances Stacy, director of portfolio strategy at Optimal Capital, joined CBSN to talk about the numbers.
"It's been hectic": Americans struggle as unemployment spikes
At least 1 in 5 American households report they don't have enough to eat as jobless claims climb due to the COVID-19 outbreak.
Self-employed Americans "defeated" by lack of unemployment help
Even in states that have set up the Pandemic Unemployment Assistance program, people have had trouble getting the money.
Stocks up on hopes awful jobs report may signal a bottom
Wall Street rallied after April's unprecedented loss of U.S. jobs wasn't quite as horrific as economists had forecast.
U.S. lost record 20.5 million jobs in April
The U.S. economy lost 20.5 million jobs in April amid the coronavirus pandemic. The national unemployment rate soared to 14.7% last month, the highest since the Great Depression.
COVID-19’s impact on unemployment
On Friday morning, the unemployment report for April will be released, and it is expected to be its highest on record since the Great Depression. Carter Evans is in Los Angeles, where some business owners are concerned reopening is too little, too late.
Millions struggle to file for unemployment
Millions of people who are out of work right now are self-employed or run small businesses and normally wouldn't qualify for unemployment. But in many states, they're now eligible for help under the Pandemic Unemployment Assistance program.
33.5 million unemployment claims filed in last 7 weeks
The effects of the coronavirus pandemic continue to ripple through the economy. Mark Strassmann reports.
3.2 million new unemployment claims
The latest report from the Labor Department shows that 3.2 million Americans filed unemployment claims last week. That brings the total up to 33 million left jobless since the coronavirus crisis hit. Brown University economics professor John Frieden joins CBSN to discuss the latest numbers, and the economy tracker he has developed with colleagues from Brown and Harvard.
Another 3.2 million Americans filed jobless claims last week
With layoffs spreading, one-fifth of the U.S. workforce has applied for unemployment aid in the past two months.
Brace for the "single worst jobs report in history"
More than 25 million Americans likely lost their jobs last month — far more than during the entire Great Recession.
ICYMI: A look back at Sunday's 60 Minutes
This week on 60 Minutes: Americans unemployed by coronavirus share their stories; Then, small, medium-sized farmers on edge while trade war bailout money goes to some surprising recipients; And, rural Texas hospitals and clinics are going broke.
PPP loans put some workers in tough position
The new Payroll Protection Program has processed more than $500 billion in loans to help small businesses survive the coronavirus lockdown, but critics say the PPP isn't doing what it was meant to. The loans will be forgiven only if businesses spend 75% of the money on their employees in just eight weeks. But, Ed O'Keefe reports that some workers have concerns about going back to work.
Stories from coronavirus layoff victims
30 million Americans filed for unemployment in the last six weeks, as the pandemic ground the U.S. economy to a halt. Scott Pelley met a few of the many who are trying to get back on their feet.
Nearly 30% of Hawaii's workforce filed jobless claims. Here's a state-by-state breakdown.
No state has been left untouched by the jobless crisis, but some have been hit much harder than others.
Americans made jobless by the pandemic
60 Minutes meets with some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
Americans made jobless by the coronavirus pandemic
60 Minutes reports on some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
30 million people have lost their jobs in just 6 weeks
The number of U.S. workers filing for unemployment remains at "unthinkable" levels, experts say.
As jobless claims soar, millions still await first checks
Arizona, Florida, Indiana, Minnesota and South Carolina taking longest to connect the jobless to their jobless aid.
Trump administration launches "Operation Warp Speed"
The Trump administration announced Thursday that it is launching "Operation Warp Speed," which will speed up the development and distribution of a potential coronavirus vaccine. CBSN political contributor and Associated Press White House reporter Zeke Miller discusses the announcement and the rest of the day's political headlines.
Another 3.8 million file for unemployment
The latest jobs report shows an additional 3.8 million people filed for unemployment last week, bringing the total to 30.3 million people without jobs. Frances Stacy, Optimal Capital's director of portfolio strategy, joined CBSN to explain what these new numbers mean and if it's too late for the U.S. to make a V-shaped recovery.
Millions struggle amid delays in stimulus and unemployment
Jessa Lewis, a self-employed single mom, is about to be three months behind in rent.
Furloughed due to the virus? Here's what you need to know
Millions of workers are now in limbo as the outbreak freezes business across the U.S.
Live
Tehran threatens to retaliate after U.S. attacks vital Iranian oil hub
President Trump alleged that Iran is "totally defeated and wants a deal," but not one he "would accept."
FCC chair threatens broadcast licenses as Trump criticizes Iran war coverage
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
U.S. offers $10 million, chance to relocate for info on Iran's leaders
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
What to know about Kharg Island, the Iranian oil site struck by U.S.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
White House proposes new underground visitor screening facility
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
Hamas calls on Iran to stop "targeting neighboring countries"
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
Russian strike on Kyiv region kills 4 people and wounds at least 15
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
Pope Leo moves into papal residence eschewed by Pope Francis
His predecessor, Pope Francis, lived in a simple apartment in the Santa Marta guesthouse in the Vatican.
Energy secretary directs Texas oil company to restore operations off California
U.S. Energy Secretary Chris Wright invoked the Defense Production Act to restore the Sable Offshore Corp.'s Santa Ynez unit and pipeline off Santa Barbara's coastline.
U.S.
More U.S.
White House proposes new underground visitor screening facility
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
Energy secretary directs Texas oil company to restore operations off California
U.S. Energy Secretary Chris Wright invoked the Defense Production Act to restore the Sable Offshore Corp.'s Santa Ynez unit and pipeline off Santa Barbara's coastline.
FCC chair threatens broadcast licenses as Trump criticizes Iran war coverage
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
Sinema admits romance with security guard as she fights ex-wife's lawsuit
The attorney for former U.S. Sen. Kyrsten Sinema says she shouldn't be subject to a lawsuit by the ex-wife of her former lover.
Trump thanks TSA agents working with no pay amid government shutdown
TSA officers faced their first full missed paycheck Friday.
MoneyWatch
More MoneyWatch
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
Chart shows what you're paying for when you buy a gallon of gas
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
High oil prices are boosting airfares. These tips could save you money.
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
These 2 bills would erase income taxes for millions of Americans
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Toyota recalls 550,000 Highlander SUVs because seats may fail to lock
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
Politics
More Politics
White House proposes new underground visitor screening facility
The Trump administration has proposed the construction of an underground facility to screen visitors to the White House.
FCC chair threatens broadcast licenses as Trump criticizes Iran war coverage
Federal Communications Commission Chair Brendan Carr did not name specific networks, but his post included a reference to a Saturday morning Truth Social post from the president.
Trump thanks TSA agents working with no pay amid government shutdown
TSA officers faced their first full missed paycheck Friday.
U.S. offers $10 million, chance to relocate for info on Iran's leaders
The State Department is seeking information on Iran's new supreme leader and nine other "key leaders" in the Islamic Revolutionary Guard Corps.
How would escorting oil tankers through Strait of Hormuz work?
With oil markets paralyzed by the U.S.-Iran war, the Trump administration says it could escort ships through the Strait of Hormuz — a massive undertaking that experts say could already be in the preparatory stages.
HealthWatch
More HealthWatch
A dad's colon cancer spread to lungs. He says what happened next was a miracle.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Dr. Oz pledges to tackle hospice fraud: "Do not steal from the American people"
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Millions of Americans skip meals, stretch medication to afford health care
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Disease once linked to mining hits workers in countertops industry
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
"I was fighting to survive": Patients still struggle with preauthorization hurdles
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
World
More World
Pope Leo moves into papal residence eschewed by Pope Francis
His predecessor, Pope Francis, lived in a simple apartment in the Santa Marta guesthouse in the Vatican.
What to know about Kharg Island, the Iranian oil site struck by U.S.
Kharg Island is a small, heavily fortified, and strategically valuable island off Iran's northern coast.
Russian strike on Kyiv region kills at least 6 people and wounds dozens
The attack hit four districts, damaging residential buildings, educational institutions and critical infrastructure, officials said.
Police chase wild boar wandering in mall with blowgun, riot shields
The wild boar sparked a police response that drew in officers and veterinarians equipped with a tranquilizer gun, shields and even a blowgun.
Hamas calls on Iran to stop "targeting neighboring countries"
Hamas called on Iran to refrain from targeting neighboring countries, while affirming Tehran's right to defend itself.
Entertainment
More Entertainment
Entertainment
Meet one of the last true paparazzi
Pascal Rostain, one of the last-standing "traditional" paparazzi photographers, talks to "CBS Saturday Morning" about how the industry has changed in a world of smartphones and social media.
Oscars 2026 predictions
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Jay Buchanan performs "Deep Swimming"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Deep Swimming."
Jay Buchanan performs "Sway"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "Sway."
Jay Buchanan performs "True Black"
Jay Buchanan is the frontman for the Grammy-nominated rock group Rival Sons. Outside of the band, he's collaborated with Brandi Carlile, Jason Isbell, and the Bee Gees' Barry Gibb. His debut solo album, Weapons of Beauty, is out now. Here's Jay Buchanan performing "True Black."
Technology
More Technology
Technology
Solar farm development faces pushback
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
How AI powered robots are helping small farms
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.
3 teens took part in a weeklong experiment to curb screen time. It worked.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
How Pentagon-Anthropic AI dispute escalated
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
Science
More Science
Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
More Crime
Players Championship start delayed amid manhunt for murder suspect
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
Judge in Charlie Kirk murder case makes ruling on media access
Prosecutors intend to seek the death penalty for Tyler Robinson, 22, who is charged with aggravated murder in the Sept. 10 shooting of Charlie Kirk.
FBI: Synagogue attacker died by suicide
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials give update on synagogue attack
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
New details from Virginia, Michigan attacks
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
Space
More Space
Space
Bill Nye on going from Boeing to science guy
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA targets April 1 for moon mission launch
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
1,300-pound NASA satellite to crash on Earth
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
1,300-pound NASA satellite re-enters Earth's atmosphere after 14 years in space
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Breakdown of U.S. strikes on Kharg Island
President Trump's announcement about strikes on Kharg Island has sparked more questions about the potential of U.S. military boots on the ground.
Meet one of the last true paparazzi
Pascal Rostain, one of the last-standing "traditional" paparazzi photographers, talks to "CBS Saturday Morning" about how the industry has changed in a world of smartphones and social media.
The Dish: Raoul's
Since Raoul's landed on Prince Street in New York's SoHo neighborhood 50 years ago, it's become one of the city's most prized bistros. "CBS Saturday Morning" goes behind the scenes to learn more about the story behind the legendary family business.
Oscars 2026 predictions
Kat Rosenfield, a culture writer for the Free Press, joins "CBS Saturday Morning" to preview the 98th Academy Awards and discuss her new novel, "How to Survive in Woods." The Free Press is a Paramount publication.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.