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The Latest Breaking News from Unemployment

As unemployment drops, so too do expectations of an RBA interest rate cut in the coming months

Michele Bullock has made it clear that curbing inflation remains top priority, but the numbers point to a labour market that isn’t easing as fast as predicted

The Guardian - AU

Senegal Prepares For Tightly Contested Presidential Election

Senegal's upcoming presidential election faces tensions and economic challenges, with youth unemployment a key concern. The outcome will shape the country'...

Top News

Australia’s unemployment rate unexpectedly drops from 4.1% to 3.7% in February despite slowing economy

Latest ABS figures show the labour market added 116,000 jobs defying signs of weakness since September

The Guardian - AU

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Now is not the time to do anything more to slow the economy – it’s already in danger of stalling

The Sahm rule lets us get in front of recessions – so alerts should be flashing in the Treasury and RBA

The Guardian - AU

Minnesota House committee advances bill proposing unemployment benefits for striking workers

The Minnesota House Workforce Development Finance and Policy Committee amended and advanced House File 3446 on Mar. 13, which proposes allowing workers to claim unemployment insurance benefits at the beginning of a strike. The bill now heads to the House Ways and Means Committee for further consideration.

Ballotpedia

Palestinian Unemployment Surges Above 50% Amid Gaza Conflict

The conflict in Gaza has led to over 50% unemployment rate among Palestinians, requiring urgent humanitarian and economic support.

Top News

Chinese Youth Using Tinder For Job Networking Amid High Unemployment

Chinese youth leverage Tinder for job networking despite concerns about potential backlash. Americans also turn to dating apps like Grindr for career oppor...

Top News

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U.S. Jobless Claims Remain Low Despite Interest Rate Hikes

Latest data shows U.S. jobless claims remain low despite slight uptick. Labor market robust amidst recent job cuts in specific sectors.

Top News

Idaho governor signs bill to reduce unemployment insurance tax rate

Gov. Brad Little (R) signed Idaho House Bill 428 into law on Mar. 6, 2024, reducing employer-paid unemployment insurance taxes by 20%. The bill retroactively took effect starting Jan. 1. The state estimates Idaho businesses will save about $44 million in 2024 taxes and $117 million over the next five…

Ballotpedia

The White House Claims Borrowing $16 Trillion Over the Next Decade Is Fiscally Responsible

If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?

Reason

Russian Economy Shows Resilience Amid Sanctions

Russia's economy adapts to sanctions with domestic alternatives, maintaining stability despite challenges. Inflation, low unemployment, and reliance on oil...

Top News

UK unemployment rises and wages growth falls in recession

Employers cut back on hiring new staff in three months to January as slowdown bites

The Guardian - UK

US inflation unexpectedly rises to 3.2% in February; UK unemployment climbs – as it happened

Stubborn US price growth suggests Federal Reserve won’t be in a rush to cut interest rates; UK wage growth slows more than expected while vacancies decline

The Guardian - UK

China Caps Key Political Meet With Pledges To Boost Ailing Economy

China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures.

International Business Times

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Top News

February Jobs Report Shows Strong Growth, Wages Cooling

Labor Department's report reveals strong job growth in the U.S. economy, with 275,000 new jobs added in February and a 3.9% unemployment rate.

Barchart

Stocks Give Up Early Gains and Close Lower as Chip Stocks Retreat

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.65%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.18% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.53%. Stock indexes on Friday gave up early gains and closed moderately lower. Stocks on...

Top News

Strong Job Growth In February, Unemployment Rate Remains Low

Latest jobs report reveals strong job growth and low unemployment rates, indicating a healthy economy.

Barchart

Dollar Slides and Gold Gains on Soft U.S. Unemployment Report

The dollar index (DXY00 ) on Friday fell by -0.09% and posted a 7-week low. The dollar on Friday was under pressure after the U.S. Feb unemployment report bolstered expectations for the Fed to begin cutting interest rates by the June FOMC meeting. Friday’s fall in the 10-year T-note yield...

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Barchart

Stocks Slide After U.S. Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) is down -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. Stock indexes are lower this afternoon, after the S&P 500 and Nasdaq 100 posted new...

The Hindu

India’s suboptimal use of its labour power

Whatever is happening to the GDP growth rate depends on what is happening to the labour market

Barchart

After a Morning Rally, Stocks Slide This Afternoon After Digesting the U.S. Unemployment Report

Kiplinger

February Jobs Growth Tops Estimates Again: What the Experts Are Saying

Another stronger-than-expected jobs report shouldn't change the Fed's calculus on interest rate cuts.

The Hindu

Congress promises ‘Right to Apprenticeship’ for youth below 25

Congress promises apprenticeship program with ₹1 lakh stipend for youth under 25, aiming to tackle unemployment effectively.

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Fed-Friendly U.S. Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. Stock indexes this morning are moderately higher, with the S&P 500 and Nasdaq...

Barchart

Dollar Weakens and Gold Rallies a on Fed-Friendly U.S. Unemployment Report

The dollar index (DXY00 ) this morning is down by -0.26% and posted a 7-week low. The dollar is under pressure after today’s U.S. Feb unemployment report bolstered expectations for the Fed to begin cutting interest rates by the June FOMC meeting. Today’s fall in the 10-year T-note yield to...

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