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The Latest Breaking News from Unemployment

South Africa’s fight against extreme poverty needs a new strategy - model shows how social grants could work

South Africa has been struggling for decades to reduce poverty, inequality and unemployment and raise the rate of economic growth.

The Conversation

Trump wants you to believe that the US economy is doing terribly. It’s untrue

Despite his claims to the contrary, unemployment is low, inflation is way down, and job growth is remarkably strong

The Guardian - US

What happened to Bhutan’s ‘kingdom of happiness’?

The Himalayan country is facing unprecedented emigration and high youth unemployment, casting doubt on its famous happiness-based economic approach

The Guardian - AU

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Palestine’s economy teeters on the brink after a year of war and unrelenting destruction

The Palestinian economy has been devastated beyond recognition. Israel’s intense military operations in Gaza have led to unprecedented destruction, wiping out much of the enclave’s essential infrastructure, private property and agricultural resources.

The Conversation

Will Pennsylvania’s Economic Rebound Help Deliver the Crucial Swing State to Harris?

Despite a robust recovery and low unemployment, polling reveals a disconnect between economic reality and voter perception.

Capital & Main

Unemployment’s up, house prices are stagnating. But is the Victorian economy doing as badly as it seems?

The early 1990s in Victoria were tough. The economy was contracting severely, the population was shrinking, employment was collapsing and the unemployment rate skyrocketed to the highest in the land.

The Conversation

Australia’s unemployment figures are a reason for joy – even if it means waiting for the next interest rate cut

I am not going to be sad if more people having a job means I’ll have to wait a few more months before my mortgage repayments drop

The Guardian - AU

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Israel's Economy Faces Strain Amid Ongoing Conflict

Learn about the economic impact of Israel's conflict with Hamas and Hezbollah, including increased military spending, economic challenges, and U.S. financi...

Top News

Pumping the unemployed with weight-loss drugs echoes Victorian attitudes to the poor

Shifting blame to the victims of economic policy is an old trick by politicians. Now they’re using obesity to tackle joblessness

The Guardian - UK

Unemployed Brits will receive free Ozempic-style weight-loss shots to help them get jobs

Britain has apparently found a solution to the global unemployment crisis: Weight loss shots.

Fortune

Strong Australian jobs figures lower expectations of pre-Christmas interest rate cut

Unemployment rate in September was 4.1% – making it unlikely the Reserve Bank will cut interest rates this year

The Guardian - AU

Melbourne, SE Qld lead way for new jobs figures

Data reveals the areas of Australia with the highest level of jobs growth in the year to August, according to an ABS analysis.

AAP

Young Australians aged 18 to 21 can vote. They should also be paid an adult wage

Opponents say abolishing junior pay rates would drive up youth unemployment – but there’s little evidence for that claim

The Guardian - AU

Scotland's unemployment rate now below UK-wide figure, new data shows

UNEMPLOYMENT in Scotland has dropped in the last quarter and is now below that of the UK as a whole, the latest figures indicate ...

The National (Scotland)

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Evening Standard

The number of people out of work in London rises to three year high

London now has the second highest unemployment rate of any region in the UK with only the north east ahead on 5.6%.

The Guardian - UK

Pay growth in Great Britain falls below 5%, making interest rate cut more likely

Gap between wages and inflation narrows in August, as UK unemployment rate dips to 4%

Evening Standard

Door opens wider to rate cuts as wages rise at slowest pace for more than two years

The unemployment rate continued to ease, falling to 4% in June to August, down from 4.1% in May to July.

The Guardian - UK

Global public debt to hit $100tn this year, says IMF, as economic uncertainty threatens financial stability and growth – as it happened

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected

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The Independent UK

Researchers say poverty and unemployment are up in Lahaina after last year's wildfires

A new study finds that unemployment and poverty are up and incomes are down among Maui wildfire survivors more than a year after a deadly blaze wiped out historic Lahaina

Fortune

Markets are finally believing Fed chair Jerome Powell will pull off his soft landing

"The general direction of U.S. employment signals an economy very far from 'recession,'" wrote UBS chief economist Paul Donovan.

The Conversation

Canada has always had a ‘tap on, tap off’ immigration policy aimed primarily at filling jobs

The federal government will soon announce its immigration plan and immigration levels for the next three years. Prime Minister Justin Trudeau’s Liberals have already signalled, however, that the number of immigrants will decline from the levels of the past several years.

Top News

Unemployment Rate Drops To 4.1% In September Report

September jobs report reveals positive trends with significant job gains and a decrease in the unemployment rate to 4.1%.

Kiplinger

Strong September Jobs Report Puts Soft Landing in Sight: What the Experts Are Saying

A blowout reading on nonfarm payrolls takes another jumbo-sized cut to interest rates off the table.

Top News

President Biden Celebrates Strong Jobs Report With 250,000 New Jobs

President Biden shares positive news on U.S. economy with 250,000 new jobs in September and unemployment at 4.1%.

Top News

US Stocks Surge As September Jobs Report Exceeds Expectations

Stocks rise on strong job report, US adds 254,000 jobs in September, unemployment rate at 4.1%.

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