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Unemployment

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Tough times ahead for small business owners

Just over half of all American workers are employed by small businesses (companies with 500 or fewer employees), and according to the U.S. Chamber of Commerce, nearly a quarter of those small businesses could close permanently within two months without a financial lifeline. CBS News business analyst Jill Schlesinger talks to some small business owners who are trying to maintain their (and their employees') livelihoods in a time of tremendous uncertainty.

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Breaking down the latest COVID stimulus bill

This week saw another significant spike in unemployment claims. Just over 4 million Americans filed for unemployment, bringing the pandemic's five-week total to roughly 26 million people without jobs. President Trump recently signed off on nearly $500 billion extra in addition to the initial coronavirus stimulus package, designed to help mitigate the pandemic's blow to the economy. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss what all of this means for the U.S. and American workers.

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Americans struggle with rent during pandemic

Experts worry a housing crisis is looming as more Americans are unable to pay rent after losing their jobs during the pandemic. While a federal moratorium stalled evictions in certain places, one renter who spoke to CBS News' Anna Werner says she and some of her neighbors were still served with notices. One of the housing complex's owners later said this was a mistake. Werner investigates the growing issue for our series, Financial Fallout.

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Nearly 4 million in U.S. file jobless claims

The Labor Department's latest report says roughly 3.8 million Americans filed for unemployment last week. The figure, comparatively lower than the last five weeks, brings the six-week total to 30 million U.S. workers filing jobless claims. The devastating total reflects the coronavirus pandemic's effect on the economy, despite trillions of dollars in stimulus spending. Jill Schlesinger joins "CBS This Morning" to break down the staggering figures.

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