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The Latest Breaking News from Unemployment

Iowa Senate committee advances unemployment insurance bill

The Iowa Senate’s Workforce Committee advanced a bill on February 28 that proposed reducing the maximum weekly unemployment insurance benefit amount families with three or more dependent children could claim. Currently, Iowa considers the number of dependents an individual or family cares for in determining benefit amounts. This proposed change…

Ballotpedia

Over a third of Gen Z have struggled with mental health - but don't seek support

Mental health, debt struggles, and unemployment are common issues faced by 15-25-year-olds - leaving them worried, anxious, and vulnerable

Daily Mirror

The surprising impotence of Fed rate hikes

Despite rising interest rates, the economy remains as robust as ever, with a five-decade low in unemployment rate and inflation far above the Fed's goals.

Axios

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Protecting Domestic Workers in Indonesia

In Indonesia, very few domestic workers are registered in the social services system, which denies them access to unemployment benefits, life insurance, and a pension.

The News Lens

‘We paid jobless too much during COVID’: NSW minister

The NSW hospitality minister has linked higher unemployment payments during the pandemic to the state's current skills shortage, drawing Labor criticism.

The New Daily

US jobless claims edge lower in sign of strong labor market

Applications for U.S. unemployment benefits eased last week and a measure of labor costs remained firm in the closing months of 2022, highlighting a tight job market that’s contributing to inflationary pressures.

Tribune News Service

Applications for jobless claims fall for 3rd straight week

The number of people applying for unemployment benefits in the U.S. fell for third straight week

The Independent UK

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Jobless rate falls to 1.15% in Q4

Thailand's unemployment rate in the fourth quarter of 2022 dropped to 1.15% from 1.23% in the previous quarter, the National Economic and Social Development Council (NESDC) said on Thursday, as the vital tourism sector rebounds.

Bangkok Post

People over 50 can still find jobs, but they may have to change, career coaches say

ST. LOUIS — Unemployment is lower than it has been since 1969. "Now hiring" signs are everywhere. But even so, jobs can be hard to find if you're over 50 years old.

St. Louis Post-Dispatch

Biden taps Julie Su, who led California unemployment agency amid wave of fraud, as labor secretary

WASHINGTON — President Joe Biden on Tuesday nominated Julie Su to be his next labor secretary, setting up the Californian to become the first Asian American he has appointed to run a Cabinet-level department.

Los Angeles Times

Senegal's artists are fighting the system with a mic and spray paint

A cultural center in Senegal is creating a safe space where artists can use their platform to speak about climate change while also finding opportunities in the art and music scene.

WEKU

$835m John Hunter Hospital upgrade skills hub opens at Broadmeadow

"This is a place where local employers, government agencies, training firms and community groups can come together to create some real, long-term solutions for people disadvantaged through unemployment in this community."

Newcastle Herald

Barkly community misses out on $250 million in new funding to tackle alcohol-related harm

A combination of alcohol, unemployment, and the loss of hope has left residents dismayed that the Barkly will not have access to any of the millions allocated to the Northern Territory Government by the federal government.

ABC News

Why scammers who stole billions in unemployment benefits may get away with fraud

WASHINGTON — Just a small percentage of the at least $60 billion in unemployment payments estimated to be lost to fraud during the pandemic has been recovered, and time is running out to prosecute those who committed the crime.

Los Angeles Times

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The Independent UK

Six weeks of falling applications for unemployment benefits

The number of Americans filing for jobless aid fell again last week as the labor market remains resilient in the face of the Federal Reserve’s interest rate increases meant to cool the economy

The Conversation

South Africa's relief grant: how it can be used to help young people into jobs

The COVID-19 pandemic worsened the unemployment crisis in South Africa. In the second quarter of 2021, unemployment rates were the highest ever officially recorded. Many people who lost their only source of stable income fell into poverty as a result.

Ballotpedia

U.S. weekly unemployment insurance claims fall to 194,000

New applications for U.S. unemployment insurance benefits fell 1,000 for the week ending February 11 to a seasonally adjusted 194,000. The previous week’s figure was revised down from 196,000 to 195,000. The four-week moving average as of February 11 rose to 189,500 from a revised 189,000 as of the week…

The Guardian - UK

Want to solve the falling birthrate? Just remember that raising children is expensive

When people fear for their jobs and the financial safety net is inadequate, is it any wonder they are having smaller families?

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Investors Business Daily

S&P 500 Outlook: Don't Fight The Fed, But Don't Fear It Either

The S&P 500 rally is in danger of stalling as the Fed turns more hawkish. But there's a silver lining in the outlook.

WEKU

Is the economy headed for recession or a soft landing?

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

Axios

Rock-bottom jobless claims might be overstated

JPMorgan examines how severance packages impact jobless claims data.

Reuters

More than 15 million Colombians suffer food insecurity -UN

More than 15 million Colombians suffer moderate or severe food insecurity, equivalent to almost a third of the population, due to poverty, unemployment and the Andean country's long-running conflict, the UN World Food Programme (WFP) said on Thursday.

Fortune

Americans are drowning in credit card debt thanks to inflation and soaring interest rates

As Americans' credit card balances soared at the end of 2022, delinquencies started to creep up as well.

The New Daily

Employment rates are ‘tracking sideways’, experts say, on January data

A New Year's rise in unemployment has sparked debate about whether cracks are appearing in the labour market.

The Guardian - AU

Afternoon Update: Unemployment rises to 3.7%; Queensland shooting declared terrorism; and the ‘perfect’ cosmic explosion

Jim Chalmers says there are ‘human consequences’ for slowing economy

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