The Latest Breaking News from Unemployment

The jobs report showed the lowest level of hiring in more than two years.

The lower job numbers come as a hot labour market cools down amid increasing interest rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.59%. U.S. stock indexes are moderately higher. Earlier this morning,...

The next jobs report is forecast to reveal a steep slowdown in payrolls growth.

Applications for U.S. unemployment benefits have been much higher than previously reported this year after the government updated its method of adjusting the data for seasonal swings.

A significant group of borrowers are at serious risk of default, but Australian banks will be able to comfortably survive any losses, argues the Reserve Bank.

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending March 25 to a seasonally adjusted 198,000. The previous week’s figure was unrevised at 191,000. The four-week moving average as of March 25 rose to 198,250 from an unrevised 196,250 as of the week ending March 18.

Jobless figures higher than elsewhere in south east Scotland but government backed schemes run by the council are having success

In March 2020, the economy grinded to a halt as the COVID-19 pandemic forced widespread shutdowns of businesses. As Congress watched the economy collapse, it responded by doing something lawmakers have resisted since the 1960s: a large expansion of the social safety net.