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Number of workers filing for unemployment falls to pandemic low
Some 310,000 people applied for first-time jobless aid last week, the lowest number since the pandemic began.
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Some 310,000 people applied for first-time jobless aid last week, the lowest number since the pandemic began.
At least 7.5 million Americans are estimated to lose federal unemployment benefits as emergency programs expire. CBS News reporter Sarah Ewall-Wice, who covers economic policy, joins CBSN to discuss.
Federal unemployment benefits will end September 6, leaving more than 7.5 million Americans without the aid. CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss what this means for the economy and the millions of people still out of work.
Yet while layoffs are easing, economists say the latest COVID-19 surge is weighing on job growth.
The Department of Labor reported that U.S. jobless claims dropped for the third week in a row. It signals the American economy is strengthening but economists are still concerned about the impact from the rising COVID-19 cases. Axios markets reporter Courtenay Brown joins CBSN's "Red & Blue" to discuss.
About 4.2 million gig workers receiving Pandemic Unemployment Assistance will lose their benefits after September 6, according to analysis from the Century Foundation. Gig workers are typically considered self-employed and don't usually qualify for traditional unemployment aid. CBS MoneyWatch reporter Aimee Picchi joined CBSN's Elaine Quijano to discuss.
The number of Americans filing for unemployment benefits fell last week. New jobless claims dropped to 385,000, down 14,000 from the previous week. Lori Bettinger, co-president of BancAlliance and a former director of the Troubled Asset Relief Program, known as TARP, joins CBSN to discuss.
The Labor Department says 400,000 Americans filed first-time unemployment claims last week, down 24,000 from the previous week. And the Commerce Department reports the nation's gross domestic product has reached pre-pandemic levels. Michelle Meyer, head U.S. economist for Bank of America Securities, joins CBSN to discuss the U.S. economic recovery.
The Labor Department says 360,000 people filed for unemployment for the first time last week, down 26,000 claims from the previous week and a new pandemic low. Mark Hamrick, Washington bureau chief and senior economic analyst at Bankrate, joins CBSN to discuss the latest jobs numbers.
Fewer Americans are applying for jobless aid as the economy rebounds and states curtail benefits.
The number of Americans filing for first-time unemployment benefits fell last week, after unexpectedly spiking just one week before. According to the U.S. Labor Department, 411,000 Americans filed new jobless claims the week ending June 19, a decline of about 7,000. Greg McBride, chief financial analyst at Bankrate, joins CBSN to discuss the latest numbers.
The number of people applying for weekly unemployment benefits has fallen sharply since January.
The number of Americans filing for first-time unemployment claims rose last week, ending a six-week streak of improving jobs numbers. Lori Bettinger, president of BancAlliance and former director of the "Troubled Asset Relief Programs" under the Obama Administration, joined CBSN to discuss what the numbers means for the U.S. economy.
The U.S. economy added 559,000 jobs in May and that number is expected to grow this summer. Lavare Bland, CEO of Kandidate - North America, and Karin Kimbrough, LinkedIn's chief economist, joined CBSN's Lana Zak for the MoneyWatch special "Employment in America: A Shifting Workforce" to discuss the post-pandemic job market.
As CBS News' Omar Villafranca reports, the Labor Department says 376,000 Americans filed first-time unemployment claims last week — marking the lowest level since the pandemic began. But many businesses say they're having trouble filling open position. Joe Minarik, senior vice president and director of research for the Committee for Economic Development, joins CBSN's Lana Zak to discuss the new unemployment numbers and America's continuing economic recovery.
About 376,000 people applied for unemployment benefits for the first time last week, a pandemic-era low.
The Labor Department said Thursday 385,000 people filed for unemployment last week, another pandemic low. Mark Hamrick, a senior economic analyst at Bankrate, joined CBSN's Tanya Rivero with more on the new numbers.
The Department of Labor reported Thursday 406,000 Americans filed new jobless claims last week, down 38,000 from the previous week and a new pandemic low. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Programs during the Obama Administration, joined CBSN to discuss what these numbers mean for the U.S. economy.
Unemployment claims in the U.S. have hit their lowest number since the beginning of the pandemic. This comes as several states seek to end federal unemployment benefits. The Associated Press reporter Christopher Rugaber joined CBSN's Lana Zak to discuss.
Some 444,000 Americans filed for unemployment benefits last week as employment prospects continue to brighten.
The Department of Labor reports 473,000 Americans filed new jobless claims last week, down 34,000 from the previous week and the lowest number since the beginning of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Obama administration's Troubled Asset Relief Program, joined CBSN to discuss what the numbers mean for the U.S. economy.
Fewer than 600,000 people filed for first-time benefits last week, but nearly 17 million are still receiving assistance.
First-time unemployment claims fell to 547,000 last week, the lowest point since the start of the pandemic. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program during the Obama administration, joined CBSN to discuss what the latest job numbers mean for the current state of the U.S. economy.
About 547,000 people filed for jobless aid last week, the lowest level of claims in more than a year.
Jobless claims rose for the second week in a row as the U.S. labor market struggles to shake off COVID-19.
The Biden administration announced in April a new rule that expands Title IX's protections to LGBTQ students.
The Medal of Honor is the nation's highest military award for bravery in combat, and the Presidential Medal of Freedom is the highest civilian honor.
The strike on Wadi al-Kfour in Nabatieh province is among the deadliest in Lebanon since the Hezbollah militant group and Israeli military started trading strikes on Oct. 8.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
August's full moon, a rare blue moon and supermoon, will look full starting today. Here's what time it will peak and where you should look.
"I'm going to give him a taste of his own conduct," said the former mayor of San Francisco.
The landscape is changing radically for Americans buying and selling property, as well as for real estate agents.
Judge Kenneth King is ordered to attend training "to address the underlying issues that contributed to this incident," according to 36th District Court Chief Judge William McConico.
The large bronze statue of the late civil rights icon leader and Georgia congressman John Lewis replaced a Confederate monument that stood there for more than 110 years.
The large bronze statue of the late civil rights icon leader and Georgia congressman John Lewis replaced a Confederate monument that stood there for more than 110 years.
Deck Brewer was identified as a suspect in connection to Susan Leigh Wolfe's cold case killing in 1980 when she was a nursing student at the University of Texas.
The National Association of EMS Officials recommends "Cool First, Transport Second" for patients whose body temperature is over 104 degrees.
August's full moon, a rare blue moon and supermoon, will look full starting today. Here's what time it will peak and where you should look.
"I'm going to give him a taste of his own conduct," said the former mayor of San Francisco.
A U.S. district judge said in her ruling that FuboTV was likely to be successful in proving that the joint venture would violate antitrust laws.
Former President Donald Trump also disclosed more than $100 million in liabilities for recent legal cases.
The landscape is changing radically for Americans buying and selling property, as well as for real estate agents.
Should I freeze my credit? Here's what experts say, and how to stop bad actors from accessing your file.
Parents and other caregivers urged to stop using loungers linked to 5 fatalities and an infant bed tied to 1 death.
"I'm going to give him a taste of his own conduct," said the former mayor of San Francisco.
The Biden administration announced in April a new rule that expands Title IX's protections to LGBTQ students.
The Medal of Honor is the nation's highest military award for bravery in combat, and the Presidential Medal of Freedom is the highest civilian honor.
Former President Donald Trump also disclosed more than $100 million in liabilities for recent legal cases.
"There's no doubt that control of the House runs through New York and runs specifically through the Hudson Valley," said New York Democratic Rep. Pat Ryan.
The National Association of EMS Officials recommends "Cool First, Transport Second" for patients whose body temperature is over 104 degrees.
When you call 911, you expect the ambulance to rush you to the hospital - but doing that could actually jeopardize a patient experiencing extreme heat illness. National recommendations call for cooling patients before transporting them, but most states do not require that lifesaving protocol.
Alternatives to the often dreaded pap smear may be on the way for cervical cancer screenings. Here's what to know.
Massachusetts Gov. Maura Healey has announced a plan to save five Steward hospitals from closure.
Philadelphia singer Jessy Kyle created a new bra inspired by her medical journey, which included a heart attack and kidney transplant.
A Russian missile strike caused a blaze in Ukraine on Saturday as forces in Ukraine pushed into Russia's Kursk border region, injuring two people.
The extraordinary session of the Turkish Grand National Assembly was called to debate the case of Can Atalay, who was elected from prison.
The strike on Wadi al-Kfour in Nabatieh province is among the deadliest in Lebanon since the Hezbollah militant group and Israeli military started trading strikes on Oct. 8.
A 19-year-old giant panda named Ying Ying has given birth to twins, becoming the oldest known first-time panda mom.
The Butler County native has been in Russian prison since 2021.
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Gaslight."
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Home."
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Raze the Bar."
Jools Lebron is taking TikTok by storm with her "demure" videos, transforming a simple word into a powerful statement on confidence and mindfulness. We looked into the trend.
Jools Lebron's viral TikTok videos have given new meaning to the word "demure." We break down what it means.
Should I freeze my credit? Here's what experts say, and how to stop bad actors from accessing your file.
Artificial intelligence and misinformation remain a threat this election year. So how can you spot what's real and what's not? Darren Linvill, co-director of the Media Forensics Hub at Clemson University, joins CBS News with tips.
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.
Iran has launched a sweeping, months-long cyberattack targeting both the Democratic and Republican presidential campaigns, according to a new report by Google. Nicole Sganga has details.
Staring at an iPad screen too much may keep little kids from learning to control their emotions, a new study finds.
There are hundreds of data centers across the U.S., most of which are run by big tech firms, and their seemingly endless rows of servers are consuming huge amounts of electricity. Ben Tracy takes a look at how one of those companies, Google, is turning to renewable energy sources to power them.
Hurricane Ernesto is gaining strength in the Caribbean after drenching Puerto Rico and the U.S. Virgin Islands. Now the storm is moving north into the Atlantic, where it's expected to continue strengthening as it heads toward Bermuda. CBS News national correspondent Manuel Bojorquez and WCBS chief weathercaster Lonnie Quinn have more.
On July 24, a burning car was pushed over an embankment in Chico, California. Within three days, it became one of the 10 largest wildfires in state history. Within nine days, it was among the top four. Still burning at over 429,000 acres, firefighters continue to tackle the historic blaze. Using data from Cal Fire, CBS News put together an animation to show just how quickly and far the flames have spread.
There are plenty of considerations for those interested in making the investment, according to industry experts.
Joro spiders have hearts that are able to withstand the loud and bustling noises of big cities, according to a study published on Monday.
Deck Brewer was identified as a suspect in connection to Susan Leigh Wolfe's cold case killing in 1980 when she was a nursing student at the University of Texas.
A Florida jury has found a woman guilty of manslaughter in a case that drew national protest and put a new spotlight on the state's "Stand Your Ground" law. Susan Lorincz, who is White, now faces up to 30 years in prison for shooting and killing neighbor Ajike Owens, who is Black, through a closed door.
Susan Lorincz, a White woman accused of killing her neighbor Ajike "A.J." Owens, a Black woman, during a dispute in Ocala, Florida, has been found guilty of manslaughter.
Susan Lorincz, 60, faces up to 30 years in prison at sentencing for the shooting death of her neighbor, Ajike "A.J." Owens.
Lisa Jeanine Findley, 53, faces federal charges of mail fraud and aggravated identity theft.
August's full moon, a rare blue moon and supermoon, will look full starting today. Here's what time it will peak and where you should look.
CBS News spoke with the astrophotographer behind the viral photo about his mission to drive people to look at the night sky before it changes "within the period of our lifetime."
Seventy-one days after launch, NASA finally nears a decision on whether Boeing's Starliner will return to Earth with, or without, a crew.
NASA held a press briefing Wednesday and announced a decision will be coming on how the Boeing Starlink capsule crew stuck at the International Space Station will proceed with their mission in space. CBS News' Lindsey Reiser has more.
The historic, privately financed space flight will carry humans above Earth's ice caps for the first time.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
Hurricane Ernesto pounds Bermuda, and its effects are being felt up the East Coast. Meanwhile, a woman was arrested for her role in a scheme to steal Graceland and defraud Elvis Presley’s family. All that and all that matters in today’s Eye Opener.
Giant pandas from China make their return to the U.S. – and we have a first look at the bears at the San Diego Zoo. Two high school sweethearts who haven't seen each other in decades reconnect and fall in love all over again. Plus, a former NFL player quits playing football to start a new career helping people.
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Gaslight."
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Home."
Formed in Scotland in 1990, Travis' rise began during the peak of Brit-pop. The success of their album "The Man Who" launched the quartet into worldwide fame. Now from their newest, full-length studio album "L.A. Times," here's Travis with "Raze the Bar."