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.
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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.
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 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.
The effects of the coronavirus pandemic continue to ripple through the economy. Mark Strassmann reports.
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.
With layoffs spreading, one-fifth of the U.S. workforce has applied for unemployment aid in the past two months.
More than 25 million Americans likely lost their jobs last month — far more than during the entire Great Recession.
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.
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.
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.
No state has been left untouched by the jobless crisis, but some have been hit much harder than others.
60 Minutes meets with some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
60 Minutes reports on some of the 30 million American economic victims of the pandemic, Sunday at 7 p.m. ET/PT
The number of U.S. workers filing for unemployment remains at "unthinkable" levels, experts say.
Arizona, Florida, Indiana, Minnesota and South Carolina taking longest to connect the jobless to their jobless aid.
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.
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.
Jessa Lewis, a self-employed single mom, is about to be three months behind in rent.
Millions of workers are now in limbo as the outbreak freezes business across the U.S.
As the coronavirus spreads, up to a quarter of U.S. workers have applied for jobless aid in the worst-off states.
One career counselor says now more than ever, finding work is about tailoring the skills you already have to the jobs that are available.
As an unprecedented 26 million Americans have filed for unemployment benefits in just five weeks, the claims system cannot handle the surge of applications. The backlog is exacerbating financial insecurity for millions of Americans who have lost their jobs. Optimal Capital market analyst Frances Stacy joins CBSN to discuss the dire economic situation.
Battered economy is dealing with a shock "the likes of which it has never seen," analysts say.
"It is terrifying," one freelancer said of seeing her income plummet while struggling to enroll for jobless benefits.
About 4.4 million Americans applied for unemployment benefits last week as the fallout from the pandemic continued.
President Trump signaled he would be piling economic pressure on Iran as the stalemate continued and Tehran laid out new conditions to reopen the Strait of Hormuz.
The 7.4 magnitude earthquake's epicenter was San José del Palmar, about 250 miles west of Colombia's capital, Bogota, officials said.
President Trump is signing an executive order on childhood vaccine schedules Monday.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
Temperatures last month averaged 76.9 degrees Fahrenheit as above-average warmth blanketed the U.S.
Lindsay Clancy's first psychiatrist was back on the witness stand Monday, completing her testimony in the Massachusetts murder trial.
"This is a choice that I am making to feel more in control of my life," said 36-year-old Rep. Alexandria Ocasio-Cortez.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Temperatures last month averaged 76.9 degrees Fahrenheit as above-average warmth blanketed the U.S.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
President Trump signed an executive order on childhood vaccine schedules Monday.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
The issue arose when a skiff ran out of fuel off the coast of Alaska and called for assistance from nearby ships.
The recalled products with jalapeño were distributed at national retailers, including Walmart, Target and Trader Joe's, in 26 states.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
President Trump signed an executive order on childhood vaccine schedules Monday.
"This is a choice that I am making to feel more in control of my life," said 36-year-old Rep. Alexandria Ocasio-Cortez.
Will Scharf, who is responsible for overseeing President Trump's paperwork and executive orders, will start Sept. 1, the president announced.
President Trump signaled he would be piling economic pressure on Iran as the stalemate continued and Tehran laid out new conditions to reopen the Strait of Hormuz.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
President Trump signed an executive order on childhood vaccine schedules Monday.
"This is a choice that I am making to feel more in control of my life," said 36-year-old Rep. Alexandria Ocasio-Cortez.
Vibrio vulnificus, a so-called flesh-eating bacterium, lurks in warm coastal waters and can enter the body through open wounds or from eating raw shellfish.
In this web exclusive, Dr. Stephen Patrick, a newborn ICU doctor and researcher on how the opioid crisis affects pregnant women and infants, talks with CBS News' Erin Moriarty about what happens after a mother tests positive for a substance during pregnancy. Patrick argues that automatically referring mothers to child welfare or law enforcement over a single drug test - even for substances like marijuana, which are legal in much of the country - can create more harm than it prevents: driving women away from prenatal care, disproportionately affecting Black and Native American families, and separating moms from newborns without evidence of harm.
Valter Lavitola, a former journalist and import-export businessman who owns a restaurant in Rome, was close to former Italian premier Silvio Berlusconi.
The 7.4 magnitude earthquake's epicenter was San José del Palmar, about 250 miles west of Colombia's capital, Bogota, officials said.
More than 40 large wildfires are burning in the West, fueled by severe drought, as over 100 blazes scorch parts of western Canada.
The CEO of Etchea Energy described being inundated with calls after inadvertently planning an underground cable beneath a memorial to the fictional "Harry Potter" character.
One of the vehicles impounded was a Ferrari Monza SP2, which can sell for as much as $5 million at auction.
Country music star Riley Green joins "CBS Mornings" to talk about his upcoming album, "That's Just Me," which is set for release in mid-September.
The winners of a Paw Patrol look-alike contest join "CBS Mornings" ahead of the "Paw Patrol: The Dino Movie" which premieres Aug. 14.
Some Taylor Swift songs were removed from several White House social media videos. CBS News contributor Caroline Polisi has more.
A legend among writers and reporters, and a leading practitioner of the "New Journalism," Gay Talese talks of a career writing about the famous and not-so-famous, from Frank Sinatra, to aging sports figures, mobsters and nudists.
For more than six decades, Gay Talese has been a celebrated legend among writers and reporters – a leading practitioner of the "New Journalism." At 94, he talks with New Yorker writer Kelefa Sanneh of a career writing about the famous and not-so-famous (including mobsters, aging sports figures and nudists), and why his renowned 1966 Esquire article about Frank Sinatra didn't require his actually talking to the Chairman of the Board.
Sen. Bernie Sanders on Monday called for more regulation of artificial intelligence, saying companies are losing control of the technology. On the same day, Meta released a new AI tool. Axios tech and policy reporter Maria Curi joins to discuss.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
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.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world. (Originally broadcast April 26, 2026.)
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Lindsay Clancy's psychiatrist, Dr. Jennifer Tufts, is back on the stand Monday as the Massachusetts murder trial enters its third week. CBS News' Katrina Kaufman has more.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
The captain of a boat that overturned in New York Harbor was charged with reckless endangerment. Twelve people were saved, but a mother and her 5-month-old daughter died. Michael George reports.
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
Chicago Sky guard DiJonai Carrington was ejected and hit with a Flagrant 2 foul for a block against Indiana Fever player Sophie Cunningham. The moment escalated when both players had to be held back from each other. When referees were asked why Cunningham was not issued a technical foul for pushing Carrington after the play, the refs said the reaction was acceptable given the severity of the initial contact. Yahoo Sports women's basketball reporter Cassandra Negley has more.