'We Know This Is A Recession, But We Don't Want This To Go Into Depression Territory,' Says Economics ProfessorWith the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
Unemployment Unexpectedly Drops, But Full Recovery Not ImminentThe unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Nearly 43 Million Americans Filed For Unemployment Benefits During Coronavirus PandemicAnother 1.9 million workers filed for initial unemployment aid last week, according to the US Department of Labor.
Another 2.1 Million People Filed For Unemployment Last WeekMore than 40 million Americans have filed for first-time unemployment benefits since the coronavirus pandemic forced the US economy to shut down in March.
38.6 Million Americans Filed For Unemployment Benefits Since Mid-MarchEven as the economy is beginning to reopen in parts of the country, layoffs and furloughs have taken hold of the US labor market.
'There's Only One Bill To Prioritize -- Everything Else Is Negotiable': CBS Analyst Explains How To Navigate Outstanding Balances On Limited FundsJill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.
Another 3 Million Americans File For Unemployment Benefits Last Week, Bringing Total To 36.5 MillionAnother 3 million people filed initial unemployment claims last week on a seasonally adjusted basis, according to the Department of Labor.
Coronavirus New Jersey: Hundreds Of Thousands Of Residents Left With No Source Of Income After Unemployment Website Crashed Over WeekendProblems are persisting in New Jersey as more people say they are unable to file their unemployment claims.
Coronavirus Latest: 30 Million Americans Have Filed Initial Unemployment Claims Since Mid-MarchFirst-time claims for unemployment benefits totaled 3.8 million in the week ending April 25, after factoring in seasonal adjustments, the US Department of Labor said.
Coronavirus Latest: Another 4.4 Million Americans Filed For Unemployment Benefits Last WeekFor the fifth week in a row, millions of American workers applied for unemployment benefits, seeking financial relief as businesses remained closed during the coronavirus pandemic.
Coronavirus Latest: New Jersey Unemployment Claims Climb 32%, Breaking Previous RecordThe spike in claims reflects the effects of the coronavirus outbreak on the state's economy, according to the Labor Department.
Coronavirus Latest: Pennsylvanians Filed 650,000 Jobless Claims In Last 11 Days Amid COVID-19 CrisisThe single highest day, going back to March 15, was Friday, when more than 90,000 people filed claims.
Job Openings Matches Number Of Unemployed For First Time In DecadesAccording to a new report from the U.S. Bureau of Labor Statistics, employers were advertising openings for 6.55 million positions in March. The May 8 release adds that 6.59 million Americans were unemployed at that time
New Jersey Unemployment Rate Climbs To 4.5 PercentNew data shows New Jersey added 200 jobs in August and the unemployment rate rose to 4.5 percent from 4.2 percent in July.
Auditor General: Audit Of Pa. Unemployment Comp System 'Stunning'Pennsylvania’s auditor general says the state’s unemployment compensation system has suffered from incompetent management.