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The Latest Breaking News from Unemployment

America’s getting back to work, and that includes Illinois

Since Joe Biden took office, we’ve added 9.5 million jobs to the economy. The unemployment rate has plunged to 3.5%, matching a 53-year low.

Chicago Sun-Times

US jobless claims decline for a third week to a two-month low

Applications for U.S. unemployment insurance fell for a third week to a two-month low, suggesting healthy demand for labor even as economic growth moderates.

Tribune News Service

How to get to full employment: Ross Garnaut's address to the jobs summit

This is an edited extract from Ross Garnaut’s address to the jobs summit on Thursday night. Read other articles in The Conversation’s series about the summit here.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Ireland's jobless rate rose slightly to 4.3% in August

The figures, released on Wednesday, show that the jobless rate went up from a rate of 4.2% in July 2022 and were down from 5.5% in August 2021

Irish Mirror

What was the Commonwealth Employment Service? Why are people calling for it to return?

The Commonwealth Employment Service grew out of a realisation that unemployment had been a policy choice, but it fell out of government favour in the late 1980s and was privatised in 1998, leaving many former staff mourning what was once possible.

ABC News

Gen Z didn’t coin ‘quiet quitting’ — Gen X did

American business leaders sometimes talk about workforce productivity trends the same strained way you might expect a perfectly healthy hypochondriac to check his body temperature three times a day. (Remember “nobody wants to work anymore”? The U.S. unemployment rate is 3.5%.) The new social media meme about “quiet quitting” —…

Los Angeles Times

The jostling winners in a dog-eats-dog high inflation world

The cost of living is increasing at its fastest rate since 1990. Inequality means more status competition, as people jostle in a high-stakes economy.

Newsroom.co.nz

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Nigeria's economy: four priorities the next president must deliver on

Nigeria is preparing to elect its next president in February 2023. That person will have a daunting task fixing a near comatose economy.

The Conversation

Country reeling under price rise and unemployment, alleges AICC spokesperson

‘GST is also imposed on foodgrains, curd, lassi and buttermilk’

The Hindu

Jobseeker should rise to $70 a day to ‘lift people out of poverty’ and back into work, Acoss says

Peak body will lobby government to make full employment the ‘core goal’ in bid reduce social harms of joblessness

The Guardian - AU

Sectors join forces ahead of jobs summit

The national welfare advocate, as well as business and union representatives, are urging the federal government to ensure long-term unemployment is eradicated.

AAP

Unemployment lowest since start of outbreak

Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC).

Bangkok Post

Should Australian companies make millions out of people’s unemployment misery?

Next week’s jobs summit seems like an opportune time to raise questions around the lucrative employment industry

The Guardian - AU

First Nations workers still overlooked despite nationwide employment shortage

Racism, exclusion, and identity strain are all factors that contribute to high levels of Indigenous unemployment, and ahead of the jobs and skills summit advocates want the government to look at a national overhaul.

ABC News

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Bangkok Post

Jobless rate down in Q2 as Covid-19 curbs eased

Thailand's official unemployment rate in the second quarter dropped to its lowest since the Covid-19 pandemic began and should improve further as the economy recovers following an easing of restrictions, the National Economic and Social Development Council (NESDC) said on Friday.

Tribune News Service

US jobless claims fall for second week, a sign of labor strength

Applications for U.S. unemployment insurance fell for the second week, suggesting that employers are holding on to workers despite growing economic uncertainty.

Irish Mirror

Employment rate among workers aged 15-64 in Ireland at record high

This is the highest employment rate since this data series began in 1998

The Independent UK

Fewer Americans claim jobless benefits last week

Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy

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The Conversation

Many jobs summit ideas for lifting wages don't make sense – upskilling does

This article is part of The Conversation’s series looking at Labor’s jobs summit. Read the other articles in the series here.

Al Jazeera

Explainer: What is behind South Africa’s union strikes?

South Africa unions called for national strike due to power cuts, rising costs of living, and high unemployment levels.

The New Daily

Michael Pascoe: Which way is up for our economy? Or is it down?

Keep an ear out for the various experts who were forecasting harder and faster interest rate hikes by the RBA. I suspect they might be going a little quiet.

ABC News

Unemployment in Sydney's south-west remains high but upskilling migrants could hold the key

Dani Al Kateb is desperate to get work but lives in Sydney's south-west where unemployment is bucking the national trend. He wants more English classes to help his chances, and community leaders agree that upskilling migrants already here could plug staff shortages.

The Hindu

Chhattisgarh BJP to organise protest over unemployment

Bid to assess the impact of new leadership, cadre mobilisation capabilities

The Conversation

Tips on how to help innovative ideas get wings -- from universities to businesses

Slowed economic growth and high unemployment almost seem the norm across Sub-Saharan Africa. There are many factors that has caused this including varying skills levels, low levels of digital literacy and ageing infrastructure. Not to mention the constantly changing technologies that affect the work we do, and how we do…

Benzinga

Real Estate Market Cycles - Where We're At Today And What's Next

Seasons, stages, phases and cycles. In biology, astronomy, time and many other aspects of life, things repeat. Real estate is no exception. Market analysts have shown that real estate markets pass through recurring cycles.

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