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The Latest Breaking News from Unemployment

Weekly Must-Read: China’s Record-Breaking Unemployment Rates Amid Covid Lockdowns

Surveyed urban unemployment rate came in at 6.1% in April, while the figure for 16- to 24-year-olds hit the highest ever recorded

Caixin Global

Jobless claims in US Climb to highest level since January

Applications for U.S. state unemployment insurance unexpectedly rose last week to the highest level since January, led by increased filings in Kentucky and California.

Tribune News Service

Kentucky announces plans to launch mobile unemployment insurance office

The Kentucky Office of Unemployment Insurance (OUI) announced plans on May 11 to launch a mobile office that aims to help citizens access unemployment insurance services. The office aims to help those in poorer communities complete tasks like filing for unemployment benefits, verifying their identities, and determining their eligibility for…

Ballotpedia

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U.S. weekly unemployment insurance claims rise to 200,000

New applications for U.S. unemployment insurance benefits rose 19,000 for the week ending April 30 to a seasonally adjusted 200,000. The previous week’s figure was revised up from 180,000 to 181,000. The four-week moving average as of April 30 rose to 188,000 from a revised 180,000 as of the week…

Ballotpedia

Oklahoma legislature passes unemployment insurance indexing bill

The Oklahoma House of Representatives gave final approval May 17 to House Bill 1933, which would index unemployment insurance benefits, tying the length of benefits to the state’s unemployment rate. The Seante passed the bill April 26. If the governor approves the bill, Oklahoma will provide shorter periods of benefits…

Ballotpedia

Michigan waives 55,000 pandemic unemployment insurance overpayments

The Michigan Unemployment Insurance Agency announced May 4 that an additional 55,000 unemployment insurance claimants who received overpayments during the coronavirus pandemic will not have to repay the funds. The agency also said about 400,000 overpayments totalling $4.3 billion had already been forgiven.

Ballotpedia

Colorado legislators pass bill to direct federal funds to repay unemployment insurance debt

Colorado legislators on May 10 passed a bill that would direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government. The bill would also forgive certain non-fraud overpayments, meaning some workers who…

Ballotpedia

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U.S. weekly unemployment insurance claims rise to 203,000

New applications for U.S. unemployment insurance benefits rose 1,000 for the week ending May 7 to a seasonally adjusted 203,000. The previous week’s figure was revised up from 200,000 to 202,000. The four-week moving average as of May 7 rose to 192,750 from a revised 188,500 as of the week…

Ballotpedia

Paying to get paid: Young Zimbabweans trade money, sex for jobs

Experts say a series of monumental economic mistakes has led to acute unemployment and unethical recruitment in Zimbabwe

Al Jazeera

New jobless claims start to climb again

Despite the increase, the total number of Americans receiving continued unemployment benefits was at a 53-year low for the week ending May 7.

Axios

More Americans apply for jobless benefits last week

More Americans applied for jobless aid last week, but the total number of Americans collecting unemployment benefits is at a 53-year low

The Independent UK

What stagflation means and what Biden could do about it

High inflation tends to break out when economic growth is really roaring.

Axios

At 3.9%, Australia's unemployment rate now officially begins with '3'. What's next?

Early in the election campaign, on April 14, we learned that Australia’s unemployment rate had slipped below 4% in March, to 3.95% – the lowest rate in 48 years.

The Conversation

Australia’s unemployment rate drops to lowest since 1974

Jobless figures provide boost to Prime Minister Scott Morrison days out from a closely fought election.

Al Jazeera

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The Guardian - AU

Australia’s jobless rate at 50-year low of 3.9% but fewer positions added in April than predicted

The labour force figures are the final piece of economic data before the federal election and will be welcomed by the Coalition

ABC News

Unemployment rate dips below 4 per cent, but job creation slows almost to a halt

Australia's unemployment rate falls to 3.9 per cent, even though only 4,000 new jobs were created in April, leading some economists to conclude Australia is running out of workers available for hire.

The Guardian - AU

In an age of low unemployment in Australia, what about those locked out of the jobs market?

Governments have long ignored a fast-growing cohort of people who live with illness or disability that prevents them from working

ABC News

Federal election: All the updates from the campaign with Anthony Albanese and Scott Morrison — as it happened

The economy remains at the centre of the election campaign, with the latest unemployment data released on Thursday, along with Labor unveiling its policy costings.

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ABC News

The Loop: New unemployment figures, a Russian soldier pleads guilty, and the PM crashes into a child

Get up to speed on today's headlines with The Loop.

Los Angeles Times

Woman serving life in California prison led $2 million unemployment fraud scheme, prosecutors say

LOS ANGELES — Federal authorities charged 13 people and arrested five in connection with a California unemployment insurance benefits scheme they believe netted at least $2 million under the direction of a state prison inmate.

AAP

Jobless rate holds at 3.9 pct in April

The unemployment rate remained at 3.9 per cent in April after the Australian Bureau of Statistics downwardly revised the March result from four per cent.

The Independent UK

Inflation hits 40-year high: What was life like in Britain the last time things were so dire in 1982

Margaret Thatcher was PM, unemployment at its worst since the 1930s, the Falklands War broke out and ‘Come on Eileen’ was the year’s biggest-selling single

The Hindu

Congress slams Modi government over inflation

India looks a lot like Sri Lanka, Rahul Gandhi tweets

Wales Online

Three TV channels and shops shut on Sundays - life in 1982 when the cost of living was last as high as it is now

Margaret Thatcher was PM and unemployment stood at 10.4%

France 24

Japan's economy shrinks amid Covid-19 curbs and rising prices

Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent,…

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