Roughly 1 in 7 U.S. workers are now jobless
Roughly 1 in 7 workers is now jobless as the coronavirus pandemic shuttered large portions of the U.S. economy.
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Roughly 1 in 7 workers is now jobless as the coronavirus pandemic shuttered large portions of the U.S. economy.
With so many Americans out of work and stuck inside during the coronavirus pandemic, very few are spending money like they used to.
The rapidly unfolding economic downturn will be different than past global contractions, experts believe.
"I think they've shut their phones off," says one laid-off worker of trying to reach her state's employment office.
Massive unemployment amid the COVID-19 shutdown means millions have also lost their employer health insurance.
Roughly 16.8 million workers have filed for jobless benefits since the coronavirus slammed the U.S. economy.
Ride-hail drivers, delivery workers and creative freelancers could be barred from "expanded" unemployment benefits.
This week on 60 Minutes: In an economy devastated by coronavirus, business owners and employees struggle with the loss of revenue and jobs. And, Lesley Stahl reports on how Holocaust survivors will be able to share their stories after death thanks to a new project.
"All I asked in the piece was that we take a moment for those who are feeling grief and sorrow," Dickerson said about his Atlantic magazine article. Dickerson also spoke about it this week on 60 Minutes.
A New York City restaurant owner says she's concerned about the well being of the employees she's had to lay off as the novel coronavirus grips the region.
Americans who never thought they would need it are seeking unemployment benefits because of coronavirus-related layoffs. They're finding an overwhelmed system that may not meet their needs in time. Meanwhile, business owners are trying to find solutions.
Our viewers had a message about their small businesses in this era of quarantine: "Don't forget us"
CBS News business analyst Jill Schlesinger on this week's 6.6 million newly unemployed, the latest dour financial news during the coronavirus pandemic
U.S. economy added 701,000 fewer jobs last month, but experts say the damage is much worse.
A flood of workers are applying for jobless aid as the coronavirus plunges the U.S. economy deeper into recession.
But most say package won't be enough.
"The job situation is going to be getting worse and worse, at least for the next few months," Schlesinger said.
"Financially, I've never been more stressed out in my entire life," said one 25-year-old. "Rent's due in like five days."
Jobless claims have skyrocketed in the face of an unprecedented health crisis, but there are job openings at firms accommodating a nation undergoing a pandemic
Nearly 3.3 million Americans filed for unemployment last week amid the coronavirus pandemic.
Americans filing for unemployment benefits can expect hundreds of extra dollars. Question is: How soon?
Mass layoffs result in "single worst one-day piece of labor market news in America's history," one expert said.
That's nearly five times as many claims as the previous record of 695,000 in October 1982.
More than 3 million Americans filed for unemployment benefits last week, the most in 50 years.
Amazon, Instacart and Walmart are among the big companies seeking workers amid surge in demand during the pandemic.
The Justice Department has released records from the Epstein files, the first documents to come to light under a new law signed by President Trump.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
The Justice Department released thousands of new photos and records on Jeffrey Epstein on Friday, but at least 550 pages in the documents were fully redacted.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Some of the wounded were on a bus at the epicenter of the strike, Ukraine's Emergency Service said.
Friends and colleagues of Rob Reiner sat down with CBS News to share personal anecdotes and fond memories of him following the news of his tragic death.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
The suspect was killed, and the man who called law enforcement was also injured, officials said Saturday.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Nine drug manufacturers will offer their drugs to Medicaid recipients at most-favored-nation discounts in exchange for tariff exemptions.
A bankruptcy judge blocked an attempt by a nursing home chain's primary investor to shield himself from settlement payments and liability in lawsuits over allegations of poor care.
The episode has deepened concerns that had already emerged from the Justice Department's much-anticipated document release.
President Trump initially signaled he would not make an endorsement at this stage, but Rep. Elise Stefanik's exit cleared the way for him to show his support for Bruce Blakeman.
This week's guests include Reps. Ro Khanna and Thomas Massie, who led the push for Friday's release of the Epstein files.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
Republican Rep. Elise Stefanik's decision to drop out came after President Trump signaled he would not make an endorsement in the race at this stage.
Brent Rasmussen had a massive stroke in 2023. Getting his "ho ho ho back" helped motivate his recovery.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A memo from Dr. Vinay Prasad, the head of the FDA's Center for Biologics Evaluation and Research, may signal an effort to to rewrite the rules governing the U.S. vaccine system.
The proposals run counter to the recommendations of most major U.S. medical organizations.
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
It's the second time in recent weeks that the United States has interdicted a tanker, and it comes amid a large U.S. military build-up in Latin America.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Jordan confirmed that its air force took part in the U.S. air strikes "targeting several ISIS positions in southern Syria."
The consistory, as such gatherings are called, will be held Jan. 7-8, immediately following the Jan. 6 conclusion of the 2025 Holy Year.
Tourists visiting the Trevi Fountain are now going to pay more than just the legendary coin toss over their shoulder.
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Corn Whiskey Christmas."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Jolly Man."
Two-time Grammy winners Old Crow Medicine Show are best known for their smash hit "Wagon Wheel" and their classic Americana sound. This year, the band is out with a new holiday album, "OCMS XMAS," which features both Christmas classics and new holiday songs. Here's Old Crow Medicine Show performing "Holly Jolly Christmas."
Kate Winslet is one of Hollywood's most accalimed actors, and now she's testing her skills as a director with the new Christmas film "Goodbye June." She sat down with "CBS Saturday Morning" to discuss the challenges of the new role after so many years in front of the camera.
To what does LEGO owe its remarkable half-century success story? CBS News visits the toy giant's Denmark headquarters to find out.
Rapid emergence of AI will foster demand for new types of workers, including "explainers" and bias auditors, according to economist Robert Seamans.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
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.
People are starting to develop lasting connections with artificial technology. Melissa J. Perry, the dean of the College of Public Health at George Mason University, joins CBS News with more details.
TikTok has signed a deal to sell its U.S. operations to a group of investors in America, a source familiar with the deal tells CBS News. Jo Ling Kent has more.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Authorities are seeking motive after the man responsible for the deadly shooting at Brown University and the murder of an MIT professor was found dead in a New Hampshire storage unit on Thursday.
The Justice Department released a new batch of files related to convicted sex offender Jeffrey Epstein on Friday. Epstein survivor Sharlene Rochard joins with her reaction. Then, Spencer Kuvin, an attorney who represents some Epstein survivors, provides further analysis.
The Justice Department on Friday released a batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Erica Brown and Katrina Kaufman report.
The manhunt for the Brown University shooter was complicated by the early misidentification of a person of interest and limited, low-quality video footage.
The manhunt for the suspect in Saturday's deadly shooting at Brown University is finally over. Police discovered 48-year-old Claudio Manuel Neves Valente dead in a New Hampshire storage unit on Thursday night. CBS News' Anna Schecter explains what led to the discovery.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
The Southern Cross, a restored C-49 World War II-era plane, is used by a nonprofit group for a peaceful mission this holiday season, to provide a Santa-eye view of the Christmas lights in North Texas. The goal is to keep veteran history alive and air-worthy. Omar Villafranca explains.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
There's a growing recognition of a gap in the family leave laws of many states for those that suffer pregnancy loss. As Nikki Battiste reports, some lawmakers and advocates are pushing for more protections for grieving families.
Holiday shopping is in high gear, with the National Retail Federation predicting a record 159 million shoppers on what it calls "Super Saturday," with nearly a third buying gifts in stores. However, consumer sentiment is down as many Americans are concerned about their economic future. Nicole Valdes explains.
The U.S. confirmed that it seized an oil tanker near Venezuela, the second such seizure this month. The U.S. Coast Guard led the operation, which took place in international waters. Meanwhile, the U.S. military hit more than 70 targets in a retaliatory assault against ISIS in Syria. Willie James Inman has more.