Why millions of men have left the workforce
A large number of American men between 25 and 54 years old are not working or even looking for work.
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A large number of American men between 25 and 54 years old are not working or even looking for work.
The U.S. GDP rose 2.9% in the fourth quarter of 2022, and last week new unemployment claims dropped. Javier E. David, a CBS News contributor and managing editor of business and markets for Axios, joined Anne-Marie Green and Vladimir Duthiers to discuss what these reports signal for the U.S. economy.
There is some positive news in the battle to tame inflation: the Consumer Price Index fell slightly from November to December, marking the sixth straight month of decelerating prices. CBS News reporter Sarah Ewall-Wice joins us with more.
As high inflation elevates the risk of a worldwide recession, the World Bank has lowered its growth forecast for the global economy. Paul Hannon, a reporter for The Wall Street Journal, joined "CBS News Mornings" to discuss.
The tax agency said it just finished sending the refunds to workers who paid tax on unemployment benefits that they didn't owe.
New government data shows the U.S. added 223,000 jobs in December while unemployment fell to a 50-year low of 3.5%, as the Federal Reserve raises interest rates to the highest level in 15 years in an effort to cool the economy and tamp down inflation. Errol Barnett and Elaine Quijano break down the numbers with CBS News reporter Sarah Ewall-Wice.
The U.S. saw solid gains in the labor market in December, but concerns about a possible recession still linger. Bank of America's chief economist Michael Gapen joins CBS News' Catherine Herridge with his economic forecast for 2023.
CBS News contributor Javier David joined Anne-Marie Green and Vladimir Duthiers with to discuss the latest jobs report, which shows U.S. employers added 223,000 jobs in December.
Hiring was stronger than economists had forecast, while the unemployment rate fell to 3.5%.
Unemployment fell to a three-month low as the private sector added roughly 235,000 jobs. Kristin Myers, editor-in-chief of The Balance, joins CBS News to look at what's driving the economy and what's worrying investors.
Policymakers are looking for signs the red-hot hiring market has slowed down, but will hope to avoid a crash.
The job market remains strong — a good sign for workers but a blow to the Fed's efforts to cool inflation.
Will inflation finally relent? Is your job safe as recession looms? Here's what to expect from the U.S. economy this year.
Employers are, on average, offering their highest raises in decades as they look to hold on to employees who might otherwise switch companies or jobs for a salary boost. Wall Street Journal reporter Gabriel Rubin joins "CBS News Mornings" to break down how salaries compare for workers who are staying put versus those who are jumping ship.
New reports from the Commerce and Labor departments showed a stronger-than-expected economy. Lori Bettinger, president of BancAlliance, joined CBS News to discuss the reaction on Wall Street.
Employment rates have rebounded since the pandemic recession, Labor Department data shows, but one group is lagging behind: men aged 35 to 44. New York Times reporter Jeanna Smialek discusses the reasons why.
The Labor Department's November jobs report showed the U.S. gained 263,000 jobs last month. But fears about inflation and a possible recession remain. Meg Oliver reports.
Uber CEO Dara Khosrowshahi says the company won't be cutting jobs despite mounting tech industry layoffs. Bloomberg Tech reporter Jackie Davalos joins "CBS News Mornings" to discuss the latest.
With the Labor Department on Friday reporting stronger November job numbers than expected, the Federal Reserve could react with yet another interest rate hike in an effort to curb inflation. Skyler Henry has the details.
The November jobs report released by the Labor Department Friday showed that 263,000 new jobs were added last month, and the unemployment rate remains at 3.7%. The strong labor market comes amid a flurry of recent interest rate hikes. CBS News business analyst Jill Schlesinger discussed the impact of the latest numbers, and provided some tips on avoiding financial missteps heading into 2023.
The job market remains surprisingly resilient despite the Federal Reserve's attempts to weaken it.
CBS News contributor Javier E. David joined Vladimir Duthiers and Anne-Marie Green with a look at the November jobs report and what it shows about the U.S. labor market as rising interest rates start to bite.
The Federal Reserve is expected to keep an eye on the November jobs report as it considers its next interest rate hike. Kristin Myers, editor-in-chief of The Balance, joins CBS News' Errol Barnett and Elaine Quijano to discuss on what to expect.
Network CEO Chris Licht sent an email to staffers saying this week's cuts "will be a difficult time for everyone."
As the Federal Reserve continues efforts to bring Inflation down, S & P Global Ratings is warning of a mild recession in 2023. Beth Ann Bovino, chief economist for S & P Global Ratings, joined John Dickerson on "Prime Time" to discuss.