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…
The Trump administration’s sweeping cuts to the federal bureaucracy have included slashing a little-known government agency that channels grant money to America’s libraries — a potentially crippling interruption to a funding lifeline for libraries around the country. One staff member at the Institute of Museum and Library Services sent grant coordinators a chilling email, obtained…
Washington — Former GOP Rep. Lori Chavez-DeRemer’s nomination to lead the Labor Department under President Trump is all but certain to be advanced Thursday with the help of Democrats. The Senate Committee on Health, Education, Labor and Pensions is set to vote Thursday morning to consider moving her nomination forward. Facing opposition from Sen. Rand…
Washington — Former GOP Rep. Lori Chavez-DeRemer, President Trump’s nominee to run the Labor Department, is expected to face tough questioning from at least one member of her own party when she appears before the Senate’s Health, Education, Labor and Pensions Committee for her confirmation hearing Wednesday. Her confirmation hearing is scheduled for 10 a.m. …