The Labor Department reports that first-time unemployment claims rose last week by 13,000 to top 462,000. But the number of jobless workers continuing to collect benefits fell last week. Lance Pan at Capital Advisors Group talks with Steve Chiotakis about what's going on in the labor market.
If you take a closer look at the jobs added in September to keep the unemployment rate steady, many of the jobs are low-paying, temporary jobs — not exactly the jobs of a recovery.
The Labor Department said the U.S. economy lost 95,000 jobs last month. How bad is this report? Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about the latest figures and what we can do to juice the economy.
Claims for unemployment benefits fell last week by 11,000. Economist Diane Swonk of Mesirow Financial talks with Bill Radke how good that number is and whether she is concerned about countries competing to stimulate their own economies.
U.S. companies have more money on hand than they have had in a while. But, they're not using it to give you a job. Why? Reporter Eve Troeh talks the details with Bill Radke.
How will the U.S. unemployment rate come down? Economists are debating that very question. Economics editor Chris Farrell talks with Bill Radke about why some economists are saying that unemployment isn't cyclical, it's structural.
The Conservative Party of the UK's coalition government has been keeping its word about an immigration cap. But London is concerned that the policy will slow business and maybe even ground projects.