Unpacking August jobs report
U.S. employers added 162,000 jobs in August, more than double economists' forecasts. CBS News business producer Emily Pandise has more.
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U.S. employers added 162,000 jobs in August, more than double economists' forecasts. CBS News business producer Emily Pandise has more.
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
June's payroll gains were much lower than the 100,000 new hires that economists had predicted.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
Since 2021, the share of U.S.-based employees who have left their jobs to work in another country has more than doubled.
Earlier this week, Lori Chavez-DeRemer announced she would leave her post as labor secretary. The news came as multiple outlets reported on an internal investigation into alleged workplace misconduct. CBS News has not independently confirmed the allegations. NOTUS reporter Anna Kramer joins "The Daily Report" to discuss.
Labor Secretary Lori Chavez-DeRemer's resignation marks the third Cabinet member to leave the Trump administration over the past two months. Political strategists Kevin Sheridan and Adam Greene join with analysis.
Seven weeks into the Iran war, the conflict is approaching another moment of uncertainty with the two-week ceasefire set to expire Tuesday night. CBS News' Charlie D'Agata and Olivia Rinaldi report.
Lori Chavez-DeRemer is taking a role in the private sector, according to the White House.
Labor Secretary Lori Chavez-DeRemer has resigned, the White House announced on Monday. CBS News senior White House and political correspondent Ed O'Keefe has more.
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.