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.
Joe Mixon ran for three touchdowns, Derek Barnett returned a fumble 28 yards for a score and the Houston Texans beat the Dallas Cowboys 34-10.
No one was hurt on board, but concerns are being raised about a larger security threat.
The Texas Supreme Court has cleared the way for Robert Roberson's execution to be rescheduled a month after he narrowly avoided it.
Tuesday morning will be chillier with clear skies and dry air in place, morning lows will drop into the upper 40s and lower 50s.
The Houston Texans (6-4) and Dallas Cowboys (3-6), both on losing streaks, will meet on Monday Night Football. Kickoff is 7:15 p.m.
Joe Mixon ran for three touchdowns, Derek Barnett returned a fumble 28 yards for a score and the Houston Texans beat the Dallas Cowboys 34-10.
No one was hurt on board, but concerns are being raised about a larger security threat.
The Texas Supreme Court has cleared the way for Robert Roberson's execution to be rescheduled a month after he narrowly avoided it.
Tuesday morning will be chillier with clear skies and dry air in place, morning lows will drop into the upper 40s and lower 50s.
The Houston Texans (6-4) and Dallas Cowboys (3-6), both on losing streaks, will meet on Monday Night Football. Kickoff is 7:15 p.m.
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.
A Collin County man is facing an extremely rare traffic citation after an encounter that was caught on video.
The CBS Data Team learned there are about 5600 mail thefts reported every year in the North Texas region- that's more than 15 reported thefts a day.
For the past six months, the CBS News Texas I-Team has spoken with more than a dozen Medicare recipients who reported fraudulent activity on their accounts.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
President-elect Donald Trump's Cabinet and senior staff picks are facing an uncertain future as his selections received mixed reviews in recent days — and a handful sent shockwaves through Washington.
Every week, Eye on Politics breaks down some of the biggest political stories grabbing headlines in North Texas and beyond.
A return to Madison Square Garden meant revisiting the place where a comedian caused an uproar at a Trump rally last month by likening Puerto Rico to a "floating island of garbage."
Jack Fink discusses funding for public schools, school choice, and how students are doing with Texas Education Agency Commissioner Mike Morath.
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.
Overdose deaths have slowed 18% since a peak last year, the CDC estimates.
Illnesses linked to slivered onions on McDonald's Quarter Pounder burgers expand to 14 states, federal officials say.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
Once a month, a group of veterans and first responders gathers to find healing through outdoor therapy.
Texas has the third largest population of people 50 years of age and older.
Seventeen thousand workers depend on those containers to arrive by train or truck transport inside southern Dallas County’s International Inland Port.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
Elliott Hill is a TCU graduate and currently serves on the school's board of trustees.
Chevron Corporation announced Friday it would relocate its headquarters from San Ramon to Houston, Texas before the end of the year.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
Joe Mixon ran for three touchdowns, Derek Barnett returned a fumble 28 yards for a score and the Houston Texans beat the Dallas Cowboys 34-10.
Florida Atlantic fired coach Tom Herman on Monday with two games left in his second season at the school, neither of which resulted in a winning record.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Unlike the Cowboys, the Texans hold a winning record and are the top team in their division.
The Dallas Wings won the WNBA draft lottery Sunday and the chance to draft UConn star Paige Bueckers with the No. 1 pick.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
A day after losing his highly-anticipated boxing match to Jake Paul, Mike Tyson wrote that "this is one of those situations when you lost but still won. I'm grateful for last night."
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
The 46-year-old Houston native – whose name is Jason Head – was putting a gun away at his ranch when it "slipped out of the holster, hit the side of the jeep and discharged into his stomach area," his publicist said.
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.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.
