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.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
In a rare interview, Michael Jordan discusses settling his antitrust fight with NASCAR, his passion for racing and more.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
In a rare interview, Michael Jordan discusses settling his antitrust fight with NASCAR, his passion for racing and more.
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
The FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
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.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
Police said they found two bodies a day after stopping Cedric Prizzon in a car with his two children.
Since last week, activists from several countries have left Mexican ports on vessels loaded with food and other supplies for Cuba, which faces a humanitarian crisis in the face of a U.S.-imposed fuel embargo.
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
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.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
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.
A federal judge rejected former Venezuelan President Nicolás Maduro's request to dismiss charges against him. CBS News' Katrina Kaufman breaks down the key takeaways from the court hearing on Thursday.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
Police said they found two bodies a day after stopping Cedric Prizzon in a car with his two children.
The nation's largest police department, the NYPD, has launched a new unit designed to revolutionize how it approaches survivors of gender-based violence. CBS News got an exclusive first look inside the policy and training facility. CBS News' Anna Schecter reports.
The trial of a Hawaii doctor accused of attempting to murder his wife while on a hiking trail is underway. CBS News chief correspondent Matt Gutman breaks down footage of the alleged incident that the jury watched on Wednesday. Then, CBS News legal contributor Jessica Levinson joins with analysis.
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
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.
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 federal judge rejected former Venezuelan President Nicolás Maduro's request to dismiss charges against him. CBS News' Katrina Kaufman breaks down the key takeaways from the court hearing on Thursday.
Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
In 2015, an intruder broke into a California home where a couple was sleeping and abducted Denise Huskins. She would reappear after two days, leading police to initially think the kidnapping was a hoax. The high-profile case was featured in a docuseries and in the years that followed, the couple would end up teaming up with law enforcement to uncover other crimes. Tracy Smith reports.
President Trump announced an extension to his deadline for Iran to open the Strait of Hormuz as he insists that diplomatic efforts are working. Meanwhile, Iran is pushing back on Mr. Trump's rhetoric. CBS News' Aaron Navarro and Holly Williams report.
The Treasury Department announced it is adding President Trump's signature to new U.S. paper currency. Historically, the bills only have the signatures of Treasury officials. The change is expected later this year.