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The Latest Breaking News from Unemployment

UK unemployment may not reach its worst, but economic rebound will stall

Failure to cut interest rates will take money out of the system, hitting businesses such as hospitality

The Guardian - UK

UK real pay grows at fastest rate in two years as unemployment rises

Figures provide mixed message for Bank of England when it considers interest rate cut next month

The Guardian - UK

Bank of England chief economist hints at summer rate cut; Tesco CEO’s pay doubles to nearly £10m– as it happened

Latest UK labour market report shows more people out of work, or economically inactive, but wage growth remains higher than inflation

The Guardian - UK

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read the most diverse news in one place.

Cannes film festival faces strike disruption over seasonal workers’ rights

Group will protest against government’s treatment of freelance workers at festivals across France

The Guardian - UK

US Consumer Sentiment Drops Due To Inflation And Unemployment

Learn about the recent decline in U.S. consumer sentiment, driven by concerns over inflation and economic conditions.

Top News

Congress is committed to implementing A.P. Reorganisation Act, granting SCS, and stopping VSP privatisation, says Shashi Tharoor

Congress is committed to implementing A.P. Reorganisation Act, granting SCS, and stopping VSP privatisation, says Shashi Tharoor. People no longer are ready to believe BJP’s ‘Hindutva’ narrative in the name of Ram Mandir, and the saffron party has no answers to questions on unemployment, rising prices and fall in incomes,…

The Hindu

Stock Index Futures Climb as Fed Rate Cut Hopes Grow, Fed Speak and ECB Minutes in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.44% this morning after three major U.S. benchmark indices ended the regular session in the green as higher-than-expected applications for U.S. unemployment benefits bolstered the case for rate cuts, with investors looking…

Barchart

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Lok Sabha polls reopen old wounds from anti-Agnipath protests in Bihar

Raushan Kumar Sinha was in jail for about 10 months for allegedly instigating protests against the Agnipath scheme that turned violent in the three days between June 17 and June 20 in 2022.

The Hindu

Weekly Jobless Claims Reach 213,000, The Highest Since August 2023

Unemployment claims have risen over the year, perhaps signaling the end of a robust labor market.

International Business Times

Lok Sabha election | People want change, says Priyanka Gandhi

Lok Sabha news | Priyanka Gandhi Vadra challenges PM Narendra Modi to focus on unemployment, inflation, and farmers' issues

The Hindu

Modi guarantee means price rise and unemployment: Madhu Yaskhi

The Hindu

Jobs Growth Slows in April: What the Experts Are Saying

Slower jobs growth and easing wage pressures are good news for rate cuts.

Kiplinger

Dollar Falls on Weaker Than Expected US Economic Reports

The dollar index (DXY00 ) this morning is down by -0.28% and fell to a 3-week low. The dollar sank today as T-note yields retreated on the weaker-than-expected US Apr unemployment report and Apr ISM services index. The reports boost the chances of the Fed cutting interest rates this year,...

Barchart

US Hiring Slows More Than Expected In Sign Of Cooler Market

US job growth came in markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.

International Business Times

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The Guardian - US

US adds 175,000 April jobs as hiring slows and unemployment stays steady

April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong

Top News

US Job Growth Slows, Unemployment Rate Rises In April

US job growth slowed in April with 175,000 jobs added, missing expectations. Unemployment rate rose slightly to 3.9%.

Barchart

Nasdaq Futures Climb on Upbeat Apple Results, U.S. Jobs Report in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.56% this morning as market participants cheered forecast-beating quarterly results and a record share buyback from tech giant Apple and looked ahead to critical U.S. non-farm payroll data due later in the day.

Top News

American Economy Shows Resilience With Strong Job Growth In April

American economy adds 233,000 jobs in April, maintaining strength despite inflation concerns. Job market remains robust with unemployment rate at 3.8%.

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news in one place.

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One news app.

Top News

NYC Homeless Services Investigator Charged With Unemployment Fraud

NYC fraud investigator charged with fraudulently claiming unemployment benefits during COVID-19 pandemic, involving identity theft of homeless individuals.

Top News

US Unemployment Claims Remain Historically Low Amid Economic Challenges

The latest Labor Department report shows stable U.S. unemployment claims at 208,000, reflecting a resilient labor market amid economic challenges.

The Hindu

Nashik’s Trimbakeshwar tribal women ask for work and dignity on Labor Day

On Labor Day tribal women workers of MNREGA scheme from Nirgud Pada village in Trimbakeshwar taluka, in Nashik, demand unemployment allowance after continuously demanding work under MGNREGA for almost three months.

The Guardian - AU

The budget reveals what governments actually care about. And Labor has chosen to keep jobseekers in poverty

The government could easily index jobseeker to whichever is highest of the CPI or wage price index

Top News

US Unemployment Rate Stays Below 4% For Two Years

US unemployment rate below 4% for over two years, Federal Reserve cautious about future labor market changes.

Reason

The Best of Reason: In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.

AAP

NZ jobless rate hits three-year high with worse to come

New Zealand's unemployment rate is now 4.3 per cent, its highest level since the height of the COVID-19 pandemic in 2021.

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