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The Latest Breaking News from Unemployment

S&P Futures Climb as Investors Weigh Economic Outlook, U.S. Bank Earnings on Tap

June S&P 500 futures (ESM23) are trending up +0.34% this morning after three major U.S. benchmark indices ended the regular session higher as market participants digested the latest batch of corporate earnings while seeking more clarity on the Federal Reserve’s monetary policy stance.

Barchart

S&P Futures Climb as Investors Await More Earnings, Fed Clues

Barchart

Record number of people in work in Scotland

Scotland is also faring better with unemployment compared to the rest of the UK

Insider UK

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UK unemployment rises as pay growth lags behind high inflation

Softer conditions in jobs market means unemployment rate unexpectedly edges higher to 3.8%

The Guardian - UK

Record number of people in work in Scotland, figures show

The latest data showed there were 2.4 million workers on payrolls across Scotland – an increase of 50,000 from February 2020.

The Independent UK

North East sees largest fall in unemployment in last year, new figures show

New figures showed a slight rise from last month's record low, but the region has led the country over the last year

Chronicle Live

Unemployment rate rises as 'earnings are still falling in real terms'

It is the ninth month in a row that the rate has risen

Wales Online

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UK unemployment up as wage growth continues to be outstripped by soaring costs

Latest Office for National Statistics figures also show vacancies fell by another 47,000 to 1.1 million in the three months to March

The Independent UK

FTSE 100 racks up eighth day of gains despite rising insolvencies and unemployment – as it happened

More firms are at risk of tipping from ‘danger’ to ‘distress’, experts warn, as businesses are hit by soaring costs and weak economy

The Guardian - UK

FTSE 100 Live: Markets await inflation reading; FTSE closes above 7900 for first time in six weeks

Inflation’s run above 10% rolled into a seventh month today after food prices left the annual rate at a bigger-than-expected 10.1%.

Evening Standard

China's 19.6% youth unemployment rate may pose 'a threat to social stability'

High youth joblessness defies an otherwise improving economy that grew 4.5% last quarter.

Fortune

World’s largest population: Will India gain or lose?

India has the world’s largest workforce. But without enough good jobs, that unmatched advantage could be a nightmare.

Al Jazeera

Editorial: Don’t Blame China’s Jobless Youth Problem on the Surge in New Graduates

The source of the issue lies with the supply of jobs, which needs to be addressed by improving the economy, particularly the private sector

Caixin Global

Rwandan politician says the country isn't safe for refugees from the UK

Victoire Ingabire Umuhoza said high unemployment and a heavy-handed approach to protests made the Central African country unsuitable for the UK's deportation project, which was unveiled more than a year ago but hasn't seen any flights take off

Daily Mirror

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The New Daily

Alan Kohler: Don’t get too accustomed to low unemployment. Here’s why it won’t last

With unemployment now back at 3.5 per cent, workers seem to have regained their bargaining power – until technology takes it away again.

StockNews.com

Bullish or Bearish…You Decide

There is a lot of bearish energy out there right now. Even the Fed seems to be calling for a recession... and the experts who aren't worried about a recession are worried about stagflation. (For anyone who is a few years removed from Econ 101, that's the one where we…

ABC News

Unemployment is at a 50-year low but jobseekers are being urged to avoid complacency

An employment specialist says widespread workforce shortages are driving complacency among job applicants, who aren't marketing themselves well to employers.

Barchart

Dollar Slumps on U.S. Economic Concerns and Euro Strength

The dollar index (DXY00 ) on Thursday fell by -0.47%. The dollar Thursday moved lower for the third straight session and posted a 10-week low. Thursday’s U.S. PPI and initial unemployment claims reports were dovish for Fed policy and weighed on the dollar. A rally in the euro Thursday to...

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Barchart

Stocks Moderately Higher on Soft U.S. Inflation and Labor Market News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.24%. U.S. stock indexes this morning are moderately higher after...

Tribune News Service

US jobless claims increase to 239,000, led by jump in California

Applications for U.S. unemployment benefits rose for the first time in three weeks, largely due to a jump in California and suggesting some more softening in the labor market.

The Conversation

With unemployment steady at 3.5%, inflation fears shouldn't stop Australia embracing a full employment target

Despite warnings of a global economic downturn, Australia has again defied the odds with its official unemployment rate remaining steady at 3.5% in March.

The New Daily

Watch: Jobless rate unchanged, Treasurer in Washington, Cyclone Ilsa alert

Watch: The latest unemployment figures have just been released, with the jobless rate in Australia remaining unchanged at 3.5 per cent. Thousands of

The Guardian - AU

Unemployment rate holds steady as Australian employers add 72,000 full-time jobs

At 3.5% the unemployment rate remains near its lowest since the mid-1970s

The New Daily

Unemployment rate sticks at 3.5 per cent

New labour market data shows the jobless rate holding at 3.5 per cent, with 53,000 jobs added to the economy.

ABC News

Unemployment steady as jobs boom continues

The unemployment rate remains steady at 3.5 per cent, with the creation of an estimated 53,000 jobs in March.

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