The Latest Breaking News from Unemployment

Unfathomably, Australia’s unemployment rate has sunk to 3.5%. Even harder to believe is that it will soon sink lower – perhaps even this week, when the update is released on Thursday – and after that, if the ANZ’s forecasts are correct, dip below the next threshold to two-point-something for the…

New applications for U.S. unemployment insurance benefits rose 6,000 for the week ending July 30 to a seasonally adjusted 260,000. The previous week’s figure was revised down from 256,000 to 254,000. The four-week moving average as of July 30 rose to 254,750 from a revised 248,750 as of the week…

The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the U.S. job market continues to show signs of strength

Analysts say result too close to call, with poor turnout amid cost of living crisis and soaring unemployment

Young people have been taking to the streets across India, demanding governments act to provide more jobs. In the northern state of Bihar, large numbers protested on February at delays in filling public sector vacancies. Some of them had passed the required examinations but waited several years for their job…

In March 2020, a few days before lockdown was introduced, the UK government launched the Coronavirus Job Retention Scheme, widely referred to as “furlough”. This scheme provided employees who were unable to work due to the pandemic with 80% of their pay (capped at £2,500 per month).

Rashtriya Janata Dal (RJD) workers on Sunday held a 'Pratirodh' march in Patna over the issue of inflation and unemployment. Read more on Dynamite News:

Although it certainly feels like it, and many people believe it, we are not in a recession yet. While a recession is defined as two successive quarters of negative GDP growth, it is essentially a period where economic growth falls significantly and unemployment rates rise.

LEXINGTON, Ky. — The Federal Emergency Management Agency, or FEMA, has approved individual assistance for people in more counties hit by recent flooding in Eastern Kentucky, Gov. Andy Beshear’s office announced Saturday.