The labor force is shrinking. Here's what's sidelining workers.
More people are unable to work due to sickness than a year ago, with retirement and child care issues adding to the problem.
Employment
CNN to lay off staffers this week amid changes at the network
Network CEO Chris Licht sent an email to staffers saying this week's cuts "will be a difficult time for everyone."
Job openings and hires dipped in October as economy cooled
Businesses become slightly less desperate for workers, but there are still 10.3 million open jobs.
United Furniture sued after firing 2,700 workers in the night
An attorney for the workers wants the company to provide 60 days of back pay and benefits.
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.
White House official reacts to jobs report
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.
Mortgage rates blow past 7% for first time in two decades
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
Buttigieg calls employment numbers "strong as hell"
The Transportation Secretary addressed voters' concerns about rising inflation and government spending on "Face the Nation."
Unemployment rate falls to 50-year low of 3.5%
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.
Employers add 263,000 jobs in September amid hiring slowdown
The labor market experienced the slowest job growth in 18 months, although the unemployment rate shrank to its lowest level in 50 years.
Tips for surviving a layoff
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.
You just got laid off. What should you do next?
If you're among the growing number of workers getting laid off, it's vital to know your rights — and what mistakes to avoid.
Layoffs rising as the U.S. economy slows
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
U.S. job openings sink in August, suggesting hiring pullback
Sharp drop in job openings will be welcomed by Fed Reserve as it pushes to raise unemployment to cool inflation.
Biden announces tentative deal to avert rail strike
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.
Mortgage rates hit 5.89% — highest level since housing crash
Borrowing costs for a conventional home loan have more than doubled over the last year.
Half of American workers are "quiet quitters," Gallup finds
Pandemic has frayed relationship between employees and bosses, leading to greater disengagement at work, survey suggests.
U.S. stocks end lower for 3rd straight week, despite jobs numbers
An early morning rally fueled by slower jobs report, faded by mid-afternoon, erasing all gains.
U.S. stocks slump as investors continue to fret over Fed plans
Markets have been roiled since Fed chair's speech Friday reaffirming central bank's aggressive plans to cool inflation.
Job openings rose in July after 3 months of declines
Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
Nursing home uses robot to help dementia patients
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.
Stocks close lower, adding to Friday's steep losses
Markets lost more ground after Powell's speech last week confirming more hikes: "We must keep at it until the job is done."
Latest GDP figure eases concern about imminent U.S. recession
New government data shows economic growth shrank at a 0.6% annual rate in the second quarter — less than initially thought.
"Quiet quitting": A work revolution or the end of working hard?
A growing number of Americans say they're done going the extra mile for their employers. Some experts call that progress.
Fed saw evidence of a slowing economy at its last meeting
Despite sputtering U.S. economic growth, Federal Reserve hiked interest rates to ease "unacceptably high" inflation.
Poland says Russian drones downed in its airspace during attack on Ukraine
Polish and allied NATO warplanes shot down Russian drones that entered Poland's airspace in what NATO says was the first such intervention during the war in Ukraine.
Trump says he's "not thrilled" after Israel targets Hamas leaders in Qatar
President Trump said Tuesday he's "very unhappy" after Israel's military targeted members of Hamas in Qatar's capital of Doha.
Some state residents could enjoy bigger tax cuts next year. See where.
The typical U.S. taxpayer could see their taxes decrease by more than $3,750 next year thanks to fresh cuts, deductions and other provisions, according to a recent analysis.
Democrat James Walkinshaw to win Virginia House race, narrowing GOP majority
Democrat James Walkinshaw will defeat Republican Stewart Whitson in a Northern Virginia special House election to pick Rep. Gerry Connolly's successor, the Associated Press projects.
Trump orders crackdown on some pharma ads, RFK Jr. releases child health report
President Trump ordered the FDA to enforce rules on direct-to-consumer drug ads, after HHS Secretary Robert F. Kennedy Jr. released a report on the administration's approach to healthy outcomes for children and families.
New details emerge about turbulence that injured 18 on Delta flight
Passengers endured 2.5 minutes of turbulence that caught the pilots by surprise even though they had already altered their route to avoid the storms, the NTSB said.
Supreme Court takes up Trump tariffs, setting stage for major showdown
The Supreme Court on Tuesday said it will decide whether President Trump can impose his most sweeping tariffs.
1.4 tons of cocaine found floating in the middle of the Pacific Ocean
The seizure comes as President Donald Trump has declared war on Latin American drug traffickers and designated cartels foreign terrorist organizations.
DOJ charges man accused in deadly stabbing of Ukrainian refugee
The Justice Department charged the suspect, Decarlos Brown Jr., with one count of committing an act causing death on a mass transportation system.