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The Latest Breaking News from Unemployment

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.

Top News

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...

Barchart

Strong Job Growth In February, Unemployment Rate Remains Low

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

Top News

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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...

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...

Barchart

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

The Hindu

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

Barchart

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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.

Kiplinger

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.

The Hindu

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...

Barchart

US Job Creation Beats Expectations In February, Unemployment Inches Up

In February, the U.S. added 275,000 jobs, yet the unemployment rate also rose slightly, raising questions about the dynamics at play.

International Business Times

Stocks Gain as U.S. Unemployment Report Bolsters the Outlook for Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.29%. Stock indexes this morning are moderately higher, with the S&P 500 and Nasdaq...

Barchart

US Hiring Beats Expectations With Solid Showing In February

Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn.

International Business Times

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Al Jazeera

US economy ‘envy of the world’: Biden takes on Trump’s big advantage

Biden is struggling to convince Americans of his economic credentials despite strong growth and low unemployment.

Ballotpedia

Arizona Supreme Court ruling expands unemployment insurance eligibility to more workers who quit (2024)

The Arizona Supreme Court decided on January 26, 2024, to expand the definition of intolerable work conditions, making it easier for certain people who quit their jobs to claim unemployment insurance benefits. The court argued in its Barriga v. ADES/Precision ruling thatexisting regulations defining intolerable working conditions related to poor…

Top News

U.S. Jobless Claims Remain Steady, Labor Market Shows Strength

U.S. jobless claims hold steady despite interest rate hikes, with a resilient economy and recent job cuts in tech and media sectors.

The Guardian - US

Joe Biden to deliver final State of the Union before election

The president, battling a 38.1% approval rating, is expected to tout record-low unemployment, lower interest rates and legislation

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The Guardian - AU

Australia’s economy has slowed to a halt. It’s time for the Reserve Bank to take its foot off the brake

The country ended 2023 teetering on the brink of recession, with essentially only population growth keeping things going

The Hindu

TNCC president Selvaperunthagai invites Rahul Gandhi to contest from Sriperumbudur

TNCC president urges Rahul Gandhi to contest Lok Sabha election from Sriperumbudur, criticizing PM Modi's accusations and highlighting unemployment issues.

International Business Times

China's Economy Of 'Great Concern' As Annual Political Meeting To Kick Off

China's annual political conclave kicks off in Beijing on Monday, with officials saying the flagging economy and youth unemployment are of "great concern" as they lay out plans for the coming year.

Top News

Nasdaq Hits Record High, Inflation Data In Line With Expectations

Equity markets hit new highs, inflation in check, concerns in CRE, housing, unemployment, and manufacturing sectors. Stay informed for economic landscape i...

Barchart

S&P Futures Tread Water Ahead of U.S. PMI Data and More Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.04% this morning as market participants braced for U.S. factory activity data while also awaiting remarks from Fed officials.

Barchart

S&P Futures Tick Lower Ahead of U.S. PMI Data and More Fed Speak

March S&P 500 E-Mini futures (ESH24) are trending down -0.03% this morning as market participants braced for U.S. factory activity data while also awaiting remarks from Fed officials.

Ballotpedia

West Virginia lawmakers consider bills to reduce unemployment insurance benefits

West Virginia lawmakers on February 19, 2024, introduced two bills related to unemployment insurance, proposing to index the length of unemployment insurance benefits to the state’s unemployment rate and reduce the maximum benefit amount in relation to the state’s average weekly wage.

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