Jobless claim filings fall to new pandemic low
Some 348,000 people filed new claims for jobless aid last week, with economists expecting further labor market gains.
Some 348,000 people filed new claims for jobless aid last week, with economists expecting further labor market gains.
375,000 people filed first-time unemployment during the week ending August 7, a sign that the economy is strengthening. Mark Hamrick, senior economic analyst for BankRate, joins CBSN's Tanya Rivero to discuss what the numbers mean.
So far, the job market appears unaffected by the rapidly spreading Delta variant — but clouds are gathering.
As the labor market recovers from the pandemic, workers are in the driver's set — for now, at least.
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.
July's jobs report beat expectations with almost a million new jobs added last month. The unemployment rate fell to 5.4%. Michael Gapen, Barclays' chief U.S. economist, joined CBSN to discuss.
Employers topped forecasts by adding 943,000 jobs last month as the economic recovery went into overdrive.
July's jobs report beat expectations. The U.S. added 943,000 jobs, and the unemployment rate fell to 5.4%. Diane Swonk, chief economist at Grant Thornton, spoke with Anne-Marie Green and Vladimir Duthiers on CBSN about what this means for the economy and about a survey that shows more Americans would take a pay cut in order to be able to work from home permanently.
A family of six is scared they’ll be homeless after Iowa was one of several states to cut extended unemployment benefits. Last April, the husband and wife were fired from their jobs after following doctor's recommendation to quarantine due to an underlying condition. Mark Strassmann reports.
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.
Innovative PUA program will end in early September, cutting off the self-employed and freelancers from all jobless aid.
Lawmakers and economists worry a spike in new COVID-19 cases is threatening to undermine economic progress in the U.S. This comes as social safety net programs begin to wind down in the coming months, affecting millions of Americans. Megan Cassella, an economic policy reporter for Politico, joined CBSN to discuss.
Economists expect the labor market to keep humming despite the latest COVID-19 wave caused by the Delta variant.
The federal eviction moratorium is expiring on Saturday, putting millions of people at risk of losing their homes. Washington Post reporter Heather Long spoke with CBSN's Lana Zak about the economic impact this moratorium has on renters and landlords.
Twelve states cut unemployment aid about three months before federal benefits expire in September. It was part of an attempt to boost hiring, but a new report by Gusto says states that cut benefits early saw their employment headcount grow 11.6% on average compared to 11.2% in states that kept the benefits. CBS MoneyWatch reporter Aimee Picchi joined CBSN to discuss.
Congress passed billions in aid amid the pandemic, but many of the programs end in the second half of 2021.
States that cut jobless aid early aren't recovering jobs any faster than those that kept the benefit, a study finds.
As many as 13 million taxpayers who collected unemployment benefits last year may be eligible to get money back.
A judge ruled the state must restart pandemic jobless benefits that had been cut on June 26, citing potential harm.
Several federal pandemic relief programs are set to expire soon, including the nationwide ban on evictions, which will end July 31. Joe Minarik, is the director of research for the Committee for Economic Development, joined CBSN's Lana Zak to discuss.
Unemployed Floridians in Broward County join peers in Oklahoma, Texas and Indiana in fighting for extra $300 a week in aid.
The Labor Department reported an unexpected spike in the number of Americans filing first-time unemployment claims last week -- up 51,000 from the previous week, when new claims hit a pandemic low. Sarah House, senior economist at Wells Fargo's Corporate and Investment Bank, joined CBSN to discuss the nation's economic recovery.
Rising claims in Kentucky, Michigan and Texas drove more than half of the increase to 419,000 newly jobless last week.
The overpayments occurred in several pandemic programs, but only one billion is related to fraud, the report says.
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.
The University of Austin, or UATX, is teaching its inaugural class of 92 college students. The school, with its focus on free speech, has been labeled by some as "anti-woke."
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
Forecasters have warned of another round of winter weather that could complicate travel around the Thanksgiving holiday.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
The death of music star Liam Payne has thrust "pink cocaine," sometimes also called Tusi, into the national spotlight. The National Drug Early Warning System predicted its rise back in 2023.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Helene ransacked western North Carolina on Sept. 27, leaving a path of devastation, death and an economic calamity from which the state will need years to recover.
Lt. Gen. H.R. McMaster said that Russia and Ukraine are both incentivized to make "as many gains on the battlefield as they can before the new Trump administration comes in."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Rand Paul and Tammy Duckworth join Margaret Brennan.
Democratic Sen. Tammy Duckworth said that Pete Hegseth is "flat-out wrong" in his view that women should not serve in the military in combat roles.
The following is a transcript of an interview with Rep.-elect Sarah McBride, Democrat of Delaware, on "Face the Nation with Margaret Brennan" that aired on Nov. 24, 2024.
When it comes to eating healthy, all of us respond to foods differently. The National Institutes of Health's new nutrition study hopes to finally provide Americans a personalized answer to the question: "What should I eat?"
From the four food groups to the Food Pyramid, the U.S. government has long offered guidance to Americans hoping to eat a healthier diet. But there's growing scientific consensus that when it comes to eating healthy, all of us respond to foods differently. And to prove it, the National Institutes of Health has embarked on the most ambitious nutrition study ever, hoping to finally provide Americans a personalized answer to the question: "What should I eat?" Correspondent Lee Cowan reports.
Glioblastoma typically kills within 18 months, but a new type of treatment has kept Nadya El-Afandi's scans clear 17 months after diagnosis.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
The only truce in the ongoing Israel-Hamas war on Nov. 24, 2023 – fewer than two months after fighting began – led to the release of 80 Israelis held by militants in Gaza.
The shooting took place in the coastal province of Tabasco, which is struggling with a recent increase in violence.
Israeli strikes have killed over 40 Lebanese troops since the start of the war between Israel and Hezbollah, even as Lebanon's military has largely kept to the sidelines.
Ten-year-old Chef Renad (who's gained a following on Instagram) and Hamada Shaqoura (who relies on humanitarian aid and crude cooking arrangements) educate while preparing meals in war-torn Gaza.
The drones were spotted between Wednesday and Friday near RAF Lakenheath, RAF Mildenhall and RAF Feltwell.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini's ingredients may be up for debate.
Last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed the Fleetwood Mac founder's club, Fleetwood's on Front Street. Today, Mick Fleetwood is determined to rebuild, saying, "There has to be music."
As a young man, Fleetwood Mac founder Mick Fleetwood dreamed of a place – a club – where he could get his friends together. Twelve years ago, he made it happen in the west Maui city of Lahaina: Fleetwood's on Front Street. But last year's horrific wildfires turned Lahaina into a disaster zone, and destroyed his treasured club. Today, Fleetwood says he's determined to rebuild. Correspondent Tracy Smith reports.
Every week on his blog, "Sandwiches of History," Barry Enderwick rescues sandwich recipes from the dustbin of history. He's now collected some of the unlikeliest (and even amazing) historical recipes in a cookbook.
At a Price Chopper outside Kansas City, shoppers are test driving the new Caper Cart, featuring digital screens, GPS, cameras equipped with artificial intelligence, and packaging scanners that spit out coupons. Correspondent Jonathan Vigliotti looks at the technology used to "reinvent the wheel" of the shopping cart.
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
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.
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
At the Johnson Space Food Systems Laboratory in Houston, NASA scientists develop dishes – freeze-dried, heat-stabilized, or irradiated – to serve on the International Space Station. Correspondent David Pogue checks out what's on the menu in Earth orbit.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
A couple from Connecticut is charged with allegedly orchestrating a retail theft operation that may have cost Lululemon as much as $1 million.
When cyclist Anna Moriah "Mo" Wilson was murdered in Texas, U.S. Marshals assigned to the case used a unique tactic to track down her suspected killer in Costa Rica and bring the fugitive to justice.
Teresa Gomez, 45, was fatally shot in 2023 after a Las Cruces police officer on a bicycle approached her while she sat in a parked car with another person, authorities said.
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
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.
Sen. Joe Manchin joins "The Takeout" to discuss his political career and the state of American politics in 2024. Manchin provides insight on his disagreements with Democrats during Biden's presidency, why he left the party and how it can move forward after falling short this past election.
Next Sunday, 60 Minutes returns to the Cathedral of Notre Dame in Paris, bringing viewers a unique first look at the rebirth of one of the world’s great treasures.
Houston's Flying Saucer Pie Company has a devoted following, with people camping out overnight and lines up to half a mile long to get dessert for Thanksgiving. Janet Shamlian takes a look at what makes this shop so special.
Law enforcement is raising alarm bells over a drug called pink cocaine. It doesn't actually contain cocaine, but is instead a combination of other substances. Tom Hanson has more on the spread of the potentially deadly drug.
Some 240,000 electric vehicles are being recalled because of the risk they could lose power while being driven. Some of the affected models include Kia vehicles and the Hyundai Genesis.