Unemployment claims rise to 240,000, highest since August
Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
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Number of Americans applying for unemployment benefits rose to a 3-month high amid rise in layoffs.
The U.S. Department of Labor is reporting employers added 261,000 jobs last month and unemployment rose 3.7%. Senior adviser to President Biden Mitch Landrieu joins the show to discuss the White House's reaction to the October jobs report.
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
The Transportation Secretary addressed voters' concerns about rising inflation and government spending on "Face the Nation."
Employers added a solid 263,000 jobs in September and the unemployment rate dropped to 3.5%. The strong jobs numbers were bad news for investors who fear the Federal Reserve will continue to raise interest rates.
The labor market experienced the slowest job growth in 18 months, although the unemployment rate shrank to its lowest level in 50 years.
Outplacement firm Challenger, Gray and Christmas reports a rising number of U.S. companies are cutting jobs and freezing hiring. CBS News MoneyWatch reporter Megan Cerullo outlines tips for surviving a layoff if it happens to you.
If you're among the growing number of workers getting laid off, it's vital to know your rights — and what mistakes to avoid.
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
A tentative deal between rail companies and union leaders averted a catastrophic shutdown less than a day before workers were set to walk off the job. Nancy Cordes has the details of the marathon negotiations.
Borrowing costs for a conventional home loan have more than doubled over the last year.
Pandemic has frayed relationship between employees and bosses, leading to greater disengagement at work, survey suggests.
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Staffing shortages at nursing homes has forced some facilities to think outside the box. A Minnesota nursing home is using a robot to help residents with memory problems and keep them active. Omar Villafranca shares more.
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
The number of Americans who signed up for unemployment benefits rose last week to 262,000 — the highest since November.
New data on hot U.S. jobs market suggests Fed won't be reining in its aggressive rate hikes anytime soon.
Although the labor market is slowing, businesses around the U.S. still have millions of job openings. .
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
President Trump and both parties are drawing negative ratings for their handling of the government shutdown.
In an exclusive 60 Minutes interview with Norah O'Donnell, President Trump said Chinese President Xi Jinping understands the consequences of taking military action against Taiwan.
Defense Secretary Pete Hegseth, in a social media post, said the vessel was allegedly operated by a U.S.-designated terrorist organization but did not name which group was targeted.
One individual remained in custody Sunday after two were arrested in connection with the stabbing attack. The other was released without charge, British police said.
The Dodgers become the first repeat champion since the 1998-2000 New York Yankees
A majority of Americans think Trump's policies are bringing migrant crossings at U.S-Mexico border down.
Police say an explosion inside a building on the Harvard Medical School campus in Boston early Saturday morning appears to have been an intentional act.
President Trump will appear on a Sunday, Nov. 2, episode of 60 Minutes. Here's how and when to watch the interview.
The death toll from a deadly landslide in western Kenya has risen to 26 after four more bodies were retrieved.