Economy News Jobs Growth Of 353,000 Blasts Past Expectations As Labor Market Stays Hot

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs

Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting. Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation. Read More

There’s no jobs report today. So here’s what we know about the US labor market

On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report. Instead, the agency behind the market-moving release — data that has ... Read More

Fed Cuts Interest Rates Again to Protect Jobs as Economic Risks Grow

The Federal Reserve has once again cut its benchmark interest rate, aiming to revive the stagnant job market and prevent a surge in unemployment by lowering borrowing costs. Read More

Forget the Jobs Report. This Chart Shows the Labor Market Is Deteriorating

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The government shutdown means investors will go without their usual ... Read More

Shutdown has already delayed the jobs report. More critical reports could be held up

For economists who follow the job market, the first Friday of the month is usually like Christmas morning. That's when the Labor Department ordinarily delivers its closely-watched report on jobs and ... Read More