Report: Job market remains healthy, yet unemployment rate ticks up
The U.S. jobs market cooled in June but remains solid, raising the odds that the Federal Reserve will be able to curtail inflation without pushing the economy into a downward spiral.
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The U.S. jobs market cooled in June but remains solid, raising the odds that the Federal Reserve will be able to curtail inflation without pushing the economy into a downward spiral.
"There's a lot of uncertain times in every district."
The first jobs report of 2024 shows the U.S. economy remains resilient despite the Federal Reserve jacking up interest rates.
Employers added 236,000 jobs last month, and the nation's unemployment rate fell to 3.5%.
As the Fed continues hiking interest rates, weaker hiring and mounting layoffs suggest the U.S. job market is softening.
The U.S. job market has remained robust despite the Federal Reserve's concerted push to slow economic growth.
The labor market experienced the slowest job growth in 18 months, although the unemployment rate shrank to its lowest level in 50 years.
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
Twenty-six governors across the U.S., including Texas' Greg Abbott, have announced they are shutting off enhanced unemployment benefits. In several states, workers are suing to restore those benefits.
Texas is one of 25 states — all with Republican governors — that have opted to curtail enhanced unemployment benefits two months early.
Organized cybercriminal gangs, such as the Scattered Canary, work in volume and often share tips among each other on how to be more efficient.
A new survey from the Texas Association of Business found the majority of its members blame the current federal unemployment benefits for the problem.
Since the start of the pandemic, the TWC has tagged more than 373,000 unemployment claims as suspicious. The CBS 11 I-Team has discovered some claims are being paid out long after they were flagged for fraud.
Since the start of the pandemic, more than 7.3 million Texans have applied for unemployment benefits.
While millions of Texans lost their job in 2020, James Darst was not one of them.
While new unemployment claims in Texas have ticked upward in recent weeks, many out-of-work Texans said they're struggling to get through to the Texas Workforce Commission.
The proposed $908 billion coronavirus relief package is gaining traction in Congress. But will it be enough, and will it come in time?
For most receiving unemployment benefits, this means recipients will need to prove they've done at least three job searches per week in order to remain eligible for benefits.
J.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.
More stimulus checks would help suffering Americans and prop up the sagging U.S. economy, but Democrats and Republicans haven't yet agreed on a deal.
Potential fraud was connected to more than 4,500 unemployment claims in Texas this year.
The revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
The incident happened one day after a blast caused by another improvised landmine killed two Mexican soldiers and wounded five others.
Oklahoma is preparing to execute Kevin Underwood, who killed a 10-year-old girl during a cannibalistic fantasy. It would be the 25th and last scheduled U.S. execution this year.
Gisèle Pelicot said she had no regrets, but hope for the future after a judge sentenced her ex-husband to 20 years in prison for drugging and raping her for years.
A woman and her fiancé were living at a senior living apartment complex when the tragic incident occurred.
Most stopping by didn't know Isaiah Bias but felt they needed to be there.
The incident happened one day after a blast caused by another improvised landmine killed two Mexican soldiers and wounded five others.
Oklahoma is preparing to execute Kevin Underwood, who killed a 10-year-old girl during a cannibalistic fantasy. It would be the 25th and last scheduled U.S. execution this year.
Gisèle Pelicot said she had no regrets, but hope for the future after a judge sentenced her ex-husband to 20 years in prison for drugging and raping her for years.
A woman and her fiancé were living at a senior living apartment complex when the tragic incident occurred.
Most stopping by didn't know Isaiah Bias but felt they needed to be there.
Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and DHS to take action.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Migrants in the U.S. under what's known as Temporary Protection Status are worried that Trump will revoke the program upon taking office.
Herschel Walker, the former football star who unsuccessfully ran for Senate in Georgia in 2022, will be nominated to serve as ambassador to the Bahamas.
"People deserve to know upfront what they're being asked to pay," FTC Chair Lina Khan said in announcing crackdown on certain consumer fees.
Rep. Gerry Connolly of Virginia won election to serve as the top Democrat on the House Oversight Committee, defeating Rep. Alexandria Ocasio-Cortez.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
The Barbara Cares Foundation, a Fort Worth-based nonprofit, has $10,000 of funding to give out by the end of the year.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
When we first met Nia-Tayler Clark earlier this year, she was excited to show us her Farmers Branch bookstore, BLACKLIT.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The Dallas Open takes place Feb. 1-9, 2025.
The SMU Mustangs are heading to Pennsylvania to face Penn State on Dec. 21.
Luka Doncic had his 80th career triple-double with a season-high 45 points along with 13 assists and 11 rebounds.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The prime-time matchup in Arlington will also take place at Springfield's Atoms Stadium as part of an alternate broadcast.
CBS News Texas captured the excitement and energy of the BMW Dallas Marathon Festival through photos.
Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
