The U.S. Department of Labor said it would delay releases of economic data if the federal government shuts down this week, which could postpone Friday’s highly anticipated monthly jobs report. On Friday, the Labor Department posted a 73-page “contingency plan” detailing operations if government funding lapses at midnight on Sept. 30. If that occurs, the Bureau…
The Department of Labor’s internal watchdog is launching a review of the Bureau of Labor Statistics’ (BLS) approach to collecting and reporting economic data. Laura Nicolosi, assistant inspector general for audit in the Labor’s Department’s Office of Inspector General, said in a September 10 letter to acting BLS commissioner William Wiatrowski that the watchdog will…
Trump explains why he fired Bureau of Labor Statistics Commissioner, outlines new tariff rates – CBS News Watch CBS News President Trump explained why he fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. Government data showed fewer jobs were added to the U.S. economy last month than expected. Source link
Poll: Most Americans expect price hikes soon Most Americans expect prices to increase in coming months, CBS News poll finds 02:42 Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is downshifting. The numbers Hiring was weaker than expected by economists, who had forecast payroll…
AI gets a lot of attention for eliminating human jobs, but more and more it is also creating them. The number of job postings that mention artificial intelligence has climbed in recent years, a recent report from the Brookings Institution shows, as employers seek out AI-capable workers to assist them in AI adoption and development. In the…
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic growth this year. The numbers Job growth was stronger than expected in June. Payroll gains sailed past the 115,000 predicted by economists polled by financial data firm FactSet. The unemployment rate ticked down to 4.1% from 4.2% in…
Layoffs across the U.S. this year have climbed to their highest level since the pandemic slammed the economy in 2020, new labor data shows. In the first half of 2025, companies announced 744,308 job cuts nationwide, the highest tally since the first six months of 2020, when employers cut nearly 1.6 million jobs in response…
Layoffs across the U.S. this year have climbed to their highest level since the pandemic slammed the economy in 2020, new labor data shows. In the first half of 2025, companies announced 744,308 job cuts nationwide, the highest tally since the first six months of 2020, when employers cut nearly 1.6 million jobs in response…
Finding a job can be a tall order in today’s economy, given the recent slowdown in hiring. For those searching, a new study on the best job markets in the United States may come in handy. With an eye toward job-hunters’ needs, SmartAsset ranked 348 U.S. cities based on six factors from the most recent Census Bureau…
By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at “60 Minutes,” CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Updated on: May 2, 2025 / 8:45 AM EDT / CBS News…