Why the "no hire, no fire" job market may no longer be a thing
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
Employment
Push to close AI skills gap among young workers
A new generation is graduating into a job market turned upside down, where artificial intelligence and not humans are taking some entry-level jobs. A $25 million global initiative aims to rewrite the future of work. Ed Skyler, head of enterprise services and public affairs at Citi, joins to discuss.
60% of workers are unhappy with key aspects of their job, survey finds
Six in 10 employees say their jobs are falling short on issues including pay, scheduling and career advancement, a new analysis finds.
Reporter's Notebook: What is work for?
What is the purpose of work? It depends on who you ask. "CBS Evening News" co-anchor John Dickerson explains.
Why a surge in long-term unemployed workers is ringing alarm bells
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Data: 32,000 private jobs lost in September
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
Layoffs this year are at their highest level since 2020, report finds
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
The U.S. has lost thousands of manufacturing jobs this year, analysis finds
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
The only jobs data we may see this week show labor market is cooling fast
Monthly report shows private employers shed 32,000 jobs last month, another sign the labor market is facing new challenges.
Small Illinois town finds hope in new school and grocery store
When steel and manufacturing jobs dried up over the last several decades in Venice, Illinois, the town lost two-thirds of the population.
Illinois town finds hope in new grocery store
When steel and manufacturing jobs dried up over the last several decades in Venice, Illinois, the town lost two-thirds of the population, followed by its only grocery store and only school. But now, Venice hopes to make a comeback that's already underway -- thanks, in part, to the vision of Ed Hightower, a retired school superintendent who has deep roots in the area. James Brown reports.
AI pushes some to skilled trade work
As the rapid development of artificial intelligence threatens white-collar work, a growing number of young people are opting for blue-collar careers instead. CBS News MoneyWatch reporter Megan Cerullo has more.
Employers say high school graduates aren't ready
According to a new survey of hiring managers, today's high school graduates are getting a failing grade when it comes to being prepared to enter the workforce. To explain the results and solutions to the problem, Neil Bradley, the Chamber of Commerce's chief policy officer, joins to discuss.
Labor Dept. says a government shutdown could delay Friday's jobs report
The agency's Bureau of Labor Statistics would suspend operations if the U.S. government shuts down this week, potentially delaying key economic reports.
How Amazon uses robots to speed up deliveries
There's three months until Christmas, and companies are already planning for the holiday retail rush. When you place your order this season online, there's likely to be a robot that helps to fill it. CBS News MoneyWatch correspondent Kelly O'Grady shows how robots are speeding up deliveries and how they impact jobs.
How significant is the Fed's latest rate cut?
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Recent grads face tougher odds in the job market
Graduates are entering a turbulent economy, with more competition for entry-level positions.
College grads struggle to find jobs
Graduates are entering a turbulent economy, with more competition for entry-level positions. Job postings have declined by 15%, while the number of applications has increased by 30%, according to a recent report from Handshake. Meg Oliver reports.
Why signs are pointing to a Fed rate cut
A Federal Reserve decision on U.S. interest rates is set to come on Wednesday afternoon. Officials are largely expected to lower rates for the first time in 2025. CBS News MoneyWatch correspondent Kelly O'Grady explains why.
How businesses are using short stories and discussion to build empathy
Reflection Point is billed as a book club redesigned for the modern worker.
Workplace reading program aims to boost business
A program called Reflection Point is billed as a book club redesigned for the modern worker, where colleagues gather to share opinions and practice communication skills they can use later at work. Janet Shamlian spoke to employees who are finding success through the initiative.
Breaking down the latest inflation numbers
New data from the Labor Department shows that inflation ticked up last month with the consumer price index rising by nearly 3% in August compared to the year before. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Labor Dept watchdog launches probe into the Bureau of Labor Statistics
Internal review, which will focus on how BLS collects and reports economic data, follows claims by President Trump that the statistics bureau is politicized.
Trump responds to jobs report revisions
The Bureau of Labor Statistics revised its jobs report to show that the U.S. added 911,000 fewer jobs than previously reported between March 2024 and March 2025. Meanwhile, President Trump continued his attacks on the agency's data collection, telling reporters he should look at the revised data. CBS News business contributor Javier David has more.
Wegovy maker Novo Nordisk says it's cutting 9,000 workers
Novo Nordisk said the job cuts will eliminate about 11% of its workforce, with 5,000 of the reductions in Denmark.
Live
Senate talks continue over ending shutdown as Trump returns to D.C.
Senators have expressed cautious optimism over bipartisan talks to end the shutdown, now on Day 30. Follow live updates here.
Teacher shot by 6-year-old student testifies in court: "I thought I had died"
Former Virginia teacher Abby Zwerner was shot by a 6-year-old student in her classroom in 2023.
Trump sets lowest refugee cap in U.S. history at 7,500, mostly for Afrikaners
The Trump administration on Thursday announced it would set the lowest refugee admissions cap in U.S. history at 7,500 spots.
At least 28 dead as Hurricane Melissa leaves Jamaica, Haiti, Cuba reeling
People across the northern Caribbean were digging out from the destruction of Hurricane Melissa on Thursday as deaths from the catastrophic storm climbed.
Toy replica of killer drone used by Russia is marketed to children
The toy is described in a listing as suitable for children from the age of six and "an ideal gift for young patriots."
Senate confirmation hearing for Casey Means postponed after she goes into labor
Casey Means and her brother, Calley Means, became prominent in recent years after viral interviews decrying the influence of the food and drug industry.
SNAP funding is set to lapse on Nov. 1. Here's what to know.
With food-stamp funding set to lapse Saturday, recipients are asking what happens to their benefits — and when help might resume.
Cruise passenger left behind on island found dead: "Mum died, alone"
Suzanne Rees, an 80-year-old cruise passenger, was found dead on a Great Barrier Reef island, a day after she was accidentally abandoned there by the ship's crew.
Exclusive
Treasury sanctions alleged human smuggling network across 4 continents
The U.S. Treasury Department has imposed sweeping sanctions on members of an alleged human smuggling network based in Mexico that it says trafficked people from four continents using yachts, hotels and cartel connections.