U.S. economy lost 92,000 jobs in February, an unexpected setback
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Watch CBS News
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
Surprise burst in hiring across the U.S. last month shows the labor market remains on solid ground.
Employers cut more than 108,000 jobs in January, the highest total for that month since 2009, new data shows.
Economists had expected CPI to rise at an annual rate of 3% last month.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The Labor Department released a September jobs report this week that beat expectations, but the department also said it won't release an October jobs report due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Lawmakers remain deadlocked on the seventh day of the government shutdown. Secretary of Labor Lori Chavez-DeRemer joins "The Takeout" to discuss the shutdown's stifling of key economic data, the state of the job market and how many jobs artificial intelligence may soon devour.
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
A lackluster jobs report has sparked concern after the Department of Labor announced it only added 22,000 jobs last month and that the unemployment rate is the highest since 2021 at 4.3%. President Trump maintained his stance that the Federal Reserve should cut interest rates.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
While phoning into CNBC on Tuesday morning, President Trump defended his decision to fire the labor statistics commissioner following a disappointing jobs report. CBS News MoneyWatch correspondent Kelly O'Grady has more on the fallout.
The White House is defending President Trump's decision to fire the head of the Bureau of Labor Statistics following a weaker-than-expected July jobs report. CBS News' Olivia Rinaldi and Kelly O'Grady have the latest.
President Trump fired the Bureau of Labor Statistics commissioner on Friday. The reason cited, though it lacked evidence, was that last week's job report was "rigged." Katharine Abraham, who held the position from 1993 until 2001, joins "The Takeout" to discuss.
President Trump explained why he fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. Government data showed fewer jobs were added to the U.S. economy last month than expected.
President Trump fired Erika McEntarfer, the commissioner of the U.S. Bureau of Labor Statistics, on Friday, the same day the July jobs report showed a slowdown in hiring.
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.
Hiring across the U.S. was weaker than expected in July, a sign the labor market is shifting into lower gear.
President Trump ordered his administration to fire the commissioner of labor statistics, Erika McEntarfer, after the July jobs report showed a sharp slowdown in hiring and a steep downward revision to May and June's hiring numbers. Kelly O'Grady reports.
A growing number of employers in tech and other fields are recruiting workers with expertise in AI, labor data shows.
The Labor Department is seeking to pull back on the regulation of workplaces by rewriting or repealing more than 60 "obsolete" regulations.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, according to an outplacement firm.
President Trump's director of the National Counterterrorism Center announced his resignation, citing the administration's decision to intervene in Iran.
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
Illinois Lt. Gov. Juliana Stratton is projected to win the heated and crowded Democratic primary race for the U.S. Senate seat that Dick Durbin has held for nearly 30 years, according to CBS News analysis.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
A federal judge has ordered the Trump administration to restore the government-run Voice of America to full operations, putting hundreds of journalists who have been on administrative leave for a year back to work.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
Military officials say a shooting at a U.S. Air Force base in New Mexico has left one person dead and another wounded.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Many Americans feel like they live in a "hamster wheel economy," said one expert who studies economic security.
Amazon is speeding deliveries, putting pressure on other retailers. Here's where 1- and 3-hour delivery options are available and how much the service costs.
AI and other technologies can help you manage your financial life. But don't rely exclusively on such tools for money matters.
"If the price of oil goes up, the price of everything goes up," said former U.S. Energy Secretary Ernest Moniz.
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
The 2026 Illinois primary results in the race for governor set up a rematch between Gov. JB Pritzker and his 2022 Republican challenger Darren Bailey.
A federal judge has ordered the Trump administration to restore the government-run Voice of America to full operations, putting hundreds of journalists who have been on administrative leave for a year back to work.
The Department of Homeland Security is using discretionary funding to continue paying active-duty U.S. Coast Guard personnel during the department's ongoing shutdown, even as civilian employees remain unpaid.
Illinois Lt. Gov. Juliana Stratton is projected to win the heated and crowded Democratic primary race for the U.S. Senate seat that Dick Durbin has held for nearly 30 years, according to CBS News analysis.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
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.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
The leader of Cuba is vowing to put up "resistance" against the U.S. as President Trump suggests he may "take" the island nation, whose communist government has faced intense U.S. pressure and languished under energy shortages.
Ali Larijani was among the most senior leaders of the regime still alive in Iran after top leaders were killed at the start of the war.
Shigeaki Mori was 8 years old when he survived the Aug. 6, 1945 U.S. attack, only one and a half miles away from the blast.
Despite Trump's repeated calls, the EU foreign policy chief says "nobody is ready to put their people in harm's way in the Strait of Hormuz."
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
A verdict could come as soon as Tuesday in the landmark trial against Meta and Google for allegedly fueling social media addictions. CBS News contributor Jessica Levinson has more.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
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.
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 deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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 Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
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.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
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.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
Top U.S. counterterrorism official Joe Kent resigns over Iran war; senior Iranian leader Ali Larijani killed in airstrike.
A senior living facility in Minnesota was recently told they'd need a liquor license for any gathering involving alcoholic beverages. That didn't sit well with many of the residents, who are now fighting to legalize the right to happy hour. Tony Dokoupil has the story.
An asteroid weighing about 7 tons and traveling at 45,000 miles per hour zoomed over multiple states and lit up the sky, causing a loud boom that some residents mistook for an explosion. Mark Strassmann reports.
Cuba has been facing more blackouts and protests since the U.S. cut off its access to Venezuelan oil. Juan Palop reports from Havana.
Nearly 50 days since Nancy Guthrie disappeared, the suspected abduction remains unsolved. CBS has learned investigators have recovered additional images from Guthrie's surveillance cameras. Jonathan Vigliotti has the latest.