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The Latest Breaking News from Unemployment

More Americans apply for jobless benefits last week

More Americans filed for unemployment benefits last week, but the labor market remains strong even in the face of persistent inflation and a slowing overall U.S. economy

The Independent UK

Michael Hiltzik: How did America get addicted to a policy that fails everyone but the rich?

Here's the central riddle of U.S. politics since the Great Depression:

Los Angeles Times

Job openings in Washington grew rapidly this summer. That's not good news

This summer, more companies posted job openings in Washington state than almost anywhere else in the U.S., indicating inflation is likely to persist as labor shortages continue.

Tribune News Service

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Young men feel most ‘threatened’ by progress in women’s rights, study finds

‘Some research suggests that this feeling of injustice can even motivate citizens to vote for right-wing radical parties who are against feminism and sexual freedom,’ says researcher

The Independent UK

Editorial: Receiving Florida unemployment benefits better be easier for Ian’s victims than it was for COVID’s

Those left jobless by Hurricane Ian, mainly the thousands of people who worked in the tourism industry in Sanibel, Fort Myers and Naples and Pine Island, are about to learn whether the state’s improved unemployment website will handle the load more effectively than it did during the COVID-19 pandemic. It…

Miami Herald

Kenya’s new finance minister has good credentials but he can't work miracles

President William Ruto has nominated Njuguna Ndung'u to head Kenya’s National Treasury. A Central Bank of Kenya governor for eight years between 2007 and 2015, Ndung'u is also an accomplished researcher and a University of Nairobi academic. He has extensive expertise in macroeconomics (inflation, economic growth, national income and unemployment)…

The Conversation

Poverty, unemployment are demons in today’s world: RSS

India should address economic inequality, says general secretary Hosabale

The Hindu

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India's unemployment rate drops to 6.43% in September: CMIE

The unemployment rate in the rural areas fell to 5.84% in September from 7.68% in August, while in the urban areas it dropped to 7.70% against 9.57% in the previous month.

The Hindu

Michael Hiltzik: Did the pandemic finally give working Americans power over their employers? Not really

Labor advocates have been feeling their oats lately, what with a surge of successful union organizing drives at Starbucks stores, the hint of union interest at Amazon warehouses, higher minimum wage standards in cities and states across the country, and a nudge up of average wages across the board.

Los Angeles Times

U.S. weekly unemployment insurance claims fall to 193,000

New applications for U.S. unemployment insurance benefits fell 16,000 for the week ending September 24 to a seasonally adjusted 193,000. The previous week’s figure was revised down from 213,000 to 209,000. The four-week moving average as of September 24 fell to 207,000 from a revised 215,750 as of the week…

Ballotpedia

Worcester players turn against owners after statement blaming squad

Worcester’s players reacted angrily after the club’s owners blaming the squad and supporters for the club’s financial plight

The Guardian - UK

Liz Truss: are the Conservatives facing an electoral meltdown?

The Conservative party is heading into its annual conference amid the catastrophic fallout from Chancellor Kwasi Kwarteng’s mini-budget. The decision to cut tax without a plan to pay for it caused a sharp fall in the value of the pound on currency markets, which reached an all-time low against the…

The Conversation

Ramesh Ponnuru: The moral case for higher interest rates

Federal Reserve Chair Jerome Powell’s efforts to cool down the economy are causing progressive criticism to heat up. He has been accused of wanting a “brutal” recession, trying to “throw millions of Americans out of work” and using “dangerous” rhetoric. And those are the comments of just one senator, Elizabeth…

Tribune News Service

Lackluster employment numbers signal economic slowdown for Texas, Dallas Fed says

A new report shows the number of employed Texans remained virtually unchanged from July to August, while unemployment ticked up slightly.

The Texas Tribune

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The Independent UK

How do we know when a recession has begun? Looks for these signs

The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession

The Independent UK

OLD EXPLAINER: How do we know when a recession has begun?

The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession

Tribune News Service

Gavin Newsom shoots down bill to offer unemployment help to undocumented Californians

SACRAMENTO, Calif. — Gov. Gavin Newsom late Wednesday vetoed a bill that would have made undocumented immigrants eligible for California unemployment benefits.

Tribune News Service

US jobless claims fall unexpectedly to lowest since late April

Applications for U.S. unemployment insurance dropped unexpectedly to a five-month low, led by a sizable decline in Michigan, suggesting robust demand for workers amid economic uncertainty.

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The Independent UK

Fewer people seek US unemployment aid amid solid hiring

The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak economy

Asharq Al-Awsat

Saudi Unemployment Rate Drops to 9.7% in Q2 of 2022

The General Authority for Statistics (GASTAT) said Thursday that the Saudi unemployment rate has decreased to 9.7% in the second quarter, compared to 10.1% in the first quarter of 2022. According to GASTAT’s Labor Market Publication for the second quarter of 2022, the total unemployment rate (for Saudis and non-Saudis)…

ABC News

Treasurer Jim Chalmers flags new budget strategy, but tax cap 'plucked from the air' can stay for now

The Albanese government's first federal budget will include a significant rewriting of official budget guidelines and will also see forecasts for unemployment revised as a "consequence" of a deteriorating global outlook, the treasurer has flagged.

The Conversation

'Decarbonisation is too expensive' – how to sell climate change action to bean counters

The three most prevalent myths about tackling climate change allege that transitioning to renewable energy jacks up household bills, requires massive amounts of government subsidy and creates mass unemployment. These concerns are all (thankfully) false.

Tribune News Service

Caravan pressures Gov. Newsom to extend unemployment benefits to undocumented Californians

SACRAMENTO, Calif. — With hundreds of bills awaiting Gov. Gavin Newsom’s veto or approval, dozens of undocumented immigrant workers and allies are crossing the state in a two-day vehicle caravan to pressure him to sign legislation that would extend unemployment benefits to all Californians regardless of immigration status.

WEKU

Unemployment data shows Kentucky has recovered jobs lost in the pandemic

Asharq Al-Awsat

Tunisian Official Arrested over Street Vendor’s Suicide that Sparked Protests

Tunisian security authorities arrested on Monday the mayor of Mornag, a town south of Tunisia, after the suicide of an unlicensed street vendor whose scale was seized by municipal police. The vendor, Mohamed Amine Dridi, 25, hanged himself on Saturday, two days after municipal police prevented him from selling fruits…

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