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The Latest Breaking News from Unemployment

Today's Fed meeting is merely a warm up act for September according to Wall Street—but they shouldn't count their chickens just yet

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

Fortune

Do you run a business? time to check your tech ahead of 3G switch

Devices connected to 3G will generally stop functioning after August 31.

Newcastle Herald

Wall Street is worrying about the ‘Sahm Rule,’ which predicts recessions—but its creator is not, yet

Claudia Sahm is cautioning against reading too much into her famous rule that suggests the U.S. is on the brink of a recession.

Fortune

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Unemployment figures paint a mixed picture for the Hunter

Business Hunter boss Bob Hawes breaks down the numbers.

Newcastle Herald

FactCheck updates how the US has performed under Biden - Roll Call

From FactCheck.org: how the U.S. has fared under Joe Biden under a broad array of measurements, including economics and immigration.

Roll Call

Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk."

Fortune

US Weekly Jobless Claims Fall, But Remain Elevated

Weekly jobless claims drop, but continuing claims rise, indicating challenges in job market amid inflation control measures.

Top News

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Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels

Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels

The Independent UK

A second Trump presidency would send Australia down a dark economic path. Here’s how it might play out

Under Trump’s tariff plans, our GDP would take a hit amid a nightmare trade war – and while we’re at it, forget emissions reductions or global agreements

The Guardian - AU

"Modi govt has increased unemployment in last 10 years": SP Chief Akhilesh Yadav criticises Union Budget

SP chief Akhilesh Yadav criticised the Union Budget presented by FM Nirmala Sitharaman, saying that the budget is a way to retain power as it mentioned a special project for Bihar and Andhra Pradesh. Read further on Dynamite News:

Dynamite News

Theme Park's Novel Bid To Fix South Korea Youth Unemployment

At a kids' role-playing theme park in Seoul, 23-year-old Park Woo-joo is on a very adult mission: the university-educated but unemployed South Korean is searching for his future career.

International Business Times

Jobless Benefits Increase As Labor Market Softens

US labor market shows concerning trend with rise in unemployment benefits recipients, raising questions about economic health and job market sustainability.

Top News

U.S. Unemployment Claims Rise, Fed Monitoring For Rate Cuts

US jobless claims rise, Fed may consider rate cuts. Challenges in labor market but overall outlook positive.

Top News

Stocks Continue to Slide Lower as Sell-Off in Tech Continues

The S&P 500 Index ($SPX ) (SPY ) today is down -0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.92%. Stock indexes today are lower despite the US weekly continuing unemployment claims rising to...

Barchart

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International Business Times UK

Chaos At Mumbai Job Interview As Over Reportedly 15,000 Applicants Show Up For 1,800 Roles

High job seeker turnout in Mumbai, India, raises concerns as unemployment climbs to 9.2%, with women and rural areas most affected.

The National (Scotland)

Unemployment rate increases in Scotland, report finds

Unemployment in Scotland rose slightly in the last quarter, according to the latest figures.

The Guardian - UK

Ed Davey apologises to Alan Bates at the Post Office Horizon inquiry – as it happened

Lib Dem leader had declined meeting with campaigner in May 2010, saying "‘I do not believe it would serve any useful purpose’

The Guardian - AU

Australia’s unemployment rate inches higher to 4.1% in June making a rate cut less likely

Jobless figure up from 4% in May, despite 50,100 new roles being created across the economy, raising prospect of higher RBA interest rates

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Caixin Global

China’s Youth Jobless Rate Falls for a Third Month to 13.2%

Jobless figures encouraging but concern at 11.8 million graduates entering the job market this year

The Conversation

South Africa has a joblessness crisis: fixing it will take fresh thinking to find a game-changer

Everyone agrees that solving the unemployment problem in South Africa is the number one priority for economic policy for the new government, as it has been for all governments since 1994. What is less clear, and highly contested, is what should be done to solve this problem.

Roll Call

Fact-checking Day 2 of the Republican National Convention - Roll Call

By D’Angelo Gore, Robert Farley, Lori Robertson, Eugene Kiely and Ian Fox On a night when the focus was on safety and unity at the Republican convention, a number of GOP leaders also offered up some misleading and false claims FactCheck has seen before. Several speakers also blamed Biden for…

The Guardian - AU

Australian workers’ living standards have been destroyed – and there is little good news ahead

While interest rates may have peaked, the labour market is fragile and the economy is set to slow even further

Top News

Record Low Unemployment Rates Under Trump And Biden Compared

Comparison of record low unemployment rates for demographic groups under Trump and Biden administrations.

The Conversation

South Africa’s new unity government must draw on the country’s greatest asset: its constitution

South Africa’s economy is strained, unemployment and crime are extremely high, policing is ineffective and the public service is dysfunctional. Francois Venter was involved in drafting the country’s transitional 1993 and final 1996 constitutions. Since then, he has researched comparative constitutional law and theory. He believes the outcome of the…

Top News

US Unemployment Claims Drop, Labor Market Remains Strong

Recent Labor Department data shows decline in jobless claims and individuals receiving unemployment benefits, indicating stability in the US labor market.

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