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.
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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.
Democrats are pushing for reforms to Immigration and Customs Enforcement as the Senate appeared to be closing in on a deal to fund the Department of Homeland Security.
President Trump said several members of his administration were involved in talks with Iran about the ongoing war.
Nearly 12% of all TSA officers who were scheduled to work on Sunday called out – the most since the start of the partial government shutdown.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Delta is temporarily halting specialty services for members of Congress, citing strain on its resources during the partial government shutdown.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
The foreign ministry said in a statement it agreed after a letter from his family that Dennis Coyle "would be pardoned and released" for Eid.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
FedEx said it will give customers the option of two-hour or end-of-day delivery, including for large and oversized packages.
OpenAI said Tuesday that it will discontinue the company's Sora app, which let users create AI-generated videos.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
FedEx said it will give customers the option of two-hour or end-of-day delivery, including for large and oversized packages.
OpenAI said Tuesday that it will discontinue the company's Sora app, which let users create AI-generated videos.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Delta is temporarily halting specialty services for members of Congress, citing strain on its resources during the partial government shutdown.
The video game maker is cutting 1,000 workers as it struggles to keep players engaged with Fortnite.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
Delta is temporarily halting specialty services for members of Congress, citing strain on its resources during the partial government shutdown.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
A Venezuelan man who was deported from the U.S. and detained at CECOT prison in El Salvador has become the first known ex-prisoner to sue the U.S. for damages.
Minnesota officials allege they're being blocked from probing the shootings of Renee Good, Alex Pretti and Julio Cesar Sosa-Celis by federal agents.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
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.
A command element and some ground forces are expected to be part of the Middle East deployment, according to a source familiar with the planning.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
In separate visits, President Trump is planning to host monarchs from the United Kingdom and the Netherlands next month.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
A shadowy group claiming antisemitic attacks in Europe amid the Iran war tells CBS News it will target "U.S. and Israeli interests worldwide."
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
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.
The artificial intelligence company Anthropic is challenging the Pentagon in court after the Trump administration designated it a national security risk. Tom Dupree, former deputy assistant attorney general under President George W. Bush, joins with analysis.
The war with Iran is raising cybersecurity concerns in the U.S. Vik Desai, global cybersecurity strategy lead at Accenture, joins CBS News to discuss.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
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.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Two weeks after a CBS News investigation into hospice care fraud in California, Congress is now probing the issue. CBS News correspondent Adam Yamaguchi is following the story.
Dayton Webber, a professional cornhole player and quadruple amputee, has been arrested on murder charges for the shooting death of a Maryland man. CBS News' Shanelle Kaul has more.
Prosecutors say Jose Medina, who is accused of killing a Loyola University student, missed his first court appearance Monday because he has been hospitalized and is undergoing treatment for tuberculosis. Medina is facing several charges in the fatal shooting, including first-degree murder. DHS says the alleged shooter is a Venezuelan man living in the U.S. illegally.
Several Jewish community ambulances were torched in London in a suspected antisemitic arson attack. CBS News' Inaya Folarin Iman reports.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
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.
A huge spike in oil futures trading minutes before President Trump announced talks with Iran is drawing suspicion about insider trading. Jill Schlesinger explains.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
CBS News sat down for an exclusive interview with the husband of a service member killed in Kuwait during the first week of the war with Iran. Jonah Kaplan spoke with Joey Amor, the husband of Army Sgt. Nicole Amor.
Even as Iran launched missiles towards Israel and other Gulf nations, President Trump claimed the regime is so near defeat that it has no choice but to negotiation an end to the war. Ed O'Keefe has more.
Congress may be closing in on a deal to the end the shutdown, but for now, TSA officers are still not getting paid. Kris Van Cleave spoke to United Airlines CEO Scott Kirby about the mounting frustration.