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The Latest Breaking News from Unemployment

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

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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

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.

Al Jazeera

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…

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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.

Top News

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

The Guardian - US

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 Guardian - AU

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.

The Hindu

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.

International Business Times

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...

Top News

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.

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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.

Top News

German Unemployment Rises Amid Economic Slowdown

Learn about Germany's economic challenges with rising unemployment due to a slowdown.

France 24

In crowded Dakar suburb, residents feel abandoned by authorities

Many suburbs of the Senegalese capital Dakar suffer from high levels of poverty, crime and unemployment. Keur Massar is one such suburb. This vast, overpopulated area is the poorest zone in the Dakar region. The sense of abandonment felt by residents there has been growing for years, and now the…

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Stocks Slip Before the Open as Key U.S. Inflation Data Looms

March S&P 500 E-Mini futures (ESH24) are down -0.18%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.15% this morning as investors refrained from making big bets ahead of the release of the Fed’s preferred inflation gauge.

International Business Times UK

UK's Gen Z Too Sick To Work Due To 'Mental Health' Reasons Is 'Harming The Economy'

The study also highlights how mental health issues can even force young adults into lower-paid jobs or unemployment.

Top News

Trump Touts Record Low Unemployment For Minorities Under His Administration

Debate on the impact of policies on minority communities in education, public safety, and resource allocation under different political administrations.

The Guardian - UK

Forty years on from the miners’ strike, unions are flexing their muscles

While numbers may not have fully recovered the climate is now in very much in trade unions’ favour

International Business Times

South Africa's ANC Kicks Off Election Season As Zuma Lurks

South Africa's ruling ANC kickstarts its election campaign Saturday for polls on May 29, facing its worst result ever amid high unemployment, a sluggish economy and a challenge from its former leader.

USAFacts

Is there a labor shortage in the US?

In December 2023, there were 2.76 million more open jobs than unemployed people.

Ballotpedia

Nebraska advances bill proposing maximum unemployment insurance benefit period reduction

Nebraska lawmakers in the Business and Labor Committee on February 13, 2024, advanced Legislative Bill 1170, which proposes cutting the maximum unemployment insurance benefit period from 26 weeks down to 16 weeks. The committee advanced the bill 4-3 and designated it as priority legislation for the full legislature.

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