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The Latest Breaking News from Unemployment

Investments of ₹1.25 lakh crore fell through due to hostile environment, alleges TDP MP

TDP MP Ravindra Kumar alleges rampant corruption & hostile business environment drove away industries from A.P., leading to 24% unemployment among graduates & thousands of youth taking their lives.

The Hindu

Unemployment, PMI and Other Can't Miss Items This Week

Last week the market finished green again with the S&P 500 finishing up almost 1%. This makes it the 8th consecutive week with the SPY finishing higher than it opened.

Barchart

Unemployment the most burning issue in the country: Kharge

Unemployment is the most burning issue in the country, Congress president Mallikarjun Kharge said

The Hindu

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Economy growing but wealth not getting distributed, says Rahul Gandhi

Rahul Gandhi shares his advice to students on connecting with people, listening deeply and being kind to themselves, while discussing India's economic growth and unemployment, wealth concentration & civil war in Manipur.

The Hindu

Weekly unemployment insurance claims rise to 205,000

New applications for U.S. unemployment insurance benefits rose 2,000 for the week ending December 16 to a seasonally adjusted 205,000. The previous week’s figure was revised up by 1,000 to 202,000. The four-week moving average as of December 16 fell 1,500 from the previous week’s revised average to 213,500.

Ballotpedia

Unemployment remains a concern in India post-pandemic | Data

Unemployment remains a concern post-pandemic: The security breach in Parliament has put the focus on the employment situation in the country, where the Labour Force Participation Rate (LFPR) has been the lowest since 2016-17

The Hindu

Newcastle employment rates remain tight in lead up to Christmas

The monthly unemployment rate leaped from 1.8 per cent to 3.6 per cent.

Newcastle Herald

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U.S. unemployment claims rise slightly, remain at low levels despite higher interest rates

The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates

The Independent UK

Inflation was 2023’s unavoidable topic. Will 2024 bring a change of tack from the RBA?

Heading into a year when economic growth is expected to be low, the hope is the Reserve Bank will ease off on raising rates

The Guardian - AU

Chinese Youth Reject Traditional Society, Seek New Horizons Abroad

China's next generation is experiencing high unemployment, lack of prospects, and social isolation. The author discusses the impact of policies and governm...

Top News

Haryana CM Manohar Lal Khattar dismisses Congress charges of malpractice in recruitment

Haryana CM Manohar Lal dismisses Congress' allegations of malpractice in HPSC recruitment, promises immediate dismissal of any officer found involved.

The Hindu

Building Permits, Unemployment Claims and Other Key Thing to Watch this Week

This upcoming week is pretty quiet heading into the Holiday with some consumer data and some housing information due out throughout the week.

Barchart

Unemployment rate among graduates declines to 13.4% between July 2022 and June 2023

Unemployment rate among graduates in India declines to 13.4% in 2022-23, lowest in Chandigarh at 5.6%.

The Hindu

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The Hindu

Morning Digest | Parliament security breach: Raising voice against unemployment is not treason, says ‘mastermind’ Lalit Jha’s father; Kamal Nath removed as Madhya Pradesh Congress chief, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on December 17, 2023

The Hindu

Parliament security breach | Raising voice against unemployment is not treason, says ‘mastermind’ Lalit Jha’s father

Lalit Jha’s mother, Manjula Jha, 62, sits in a broken chair and cries, pleading for her son’s release.

Dynamite News

Rahul Gandhi On Parliament Security Breach: Incident a direct fallout of unemployment, inflation

Speaking to reporters on Saturday, the Wayanad MP said, "Why did this (security breach) happen? The main issue in the country is unemployment..." Read further on Dynamite News:

The Hindu

Parliament security breach | Congress accuses BJP of politicising incident

Rahul Gandhi blames unemployment and inflation caused by Modi's policies for security breach in Parliament. Congress leader K C Venugopal accuses BJP of politicising issue.

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The Independent UK

Congressional Budget Office projects lower inflation and higher unemployment into 2025

The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years

The Hindu

Fadnavis announces SIT for Maratha quota stir arson; vows prosecution

Devendra Fadnavis announces SIT to probe arson incidents in Beed district, Maharashtra police seize drugs worth ₹50,000 crore, opposition protests rising unemployment.

Investors Business Daily

Dow Jones Rallies After Surprise Jobless Claims, Retail Sales; Adobe Dives On Earnings

The Dow Jones rallied Thursday after a surprise drop in initial unemployment claims and U.S. retail sales. Adobe stock dived on earnings.

Fortune

Vladimir Putin’s war in Ukraine has cost Russia’s economy 5% in growth, U.S. Treasury says

Russia plans big defense spending with inflation running high. But Vladimir Putin thinks the economy is doing great as it grows and keeps unemployment low.

The Hindu

Parliament security breach | Delhi court sends 4 accused to 7-day police custody

Parliament security breach: Case registered under UAPA & IPC for Parliament security breach; 6 accused planned incident, 5 arrested; motive linked to farmers' protest, Manipur crisis & unemployment.

The Guardian - AU

Australia’s unemployment rate ticked higher in November at 3.9% but hiring numbers also up

Joblessness rate rose despite 61,500 new jobs because the number of people seeking work also grew strongly

Fortune

The Fed’s declaration that rates may have peaked is ‘a long-awaited holiday present’ for Wall Street, sending the Dow to a record close

“The bears are running for cover and may have to go into hibernation” after the Fed’s dovish outlook, said Chris Zaccarelli, chief investment officer of Independent Advisor Alliance.

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