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The Latest Breaking News from Unemployment

Australian jobless rate lifts to 3.5pct

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

AAP

American billionaires ‘lose $93bn in a day’ as new inflation figures hit markets hard

“Unemployment is low. Jobs are up. Manufacturing is good. I think we’re going to be fine,” said President Joe Biden

The Independent UK

Biden insists US economy ‘going to be fine’ after stock market plummets amid reports of continued inflation

Unemployment remains low, the president said

The Independent UK

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How do we make workplaces work for autistic people?

The unemployment rate in Australia for autistic people is 34.1%, according to the most recent data. This is more than three times the rate for people with disability (10.3%) and almost eight times the rate of people without disability (4.6%).

The Conversation

Unemployment in Wales lowest since 1974 but economic inactivity on the rise

The unemployment rate in Wales is lower than the UK as a whole but the reverse for economic inactivity

Birmingham Post

Scotland's unemployment drops to record low, figures show

UNEMPLOYMENT in Scotland has fallen to a record low, according to latest figures.

The National (Scotland)

Unemployment drops to record low in Scotland

Latest official statistics show rate falling below the UK average between May and July

Insider UK

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UK unemployment is lowest since 1974 but workers face pay squeeze

Winter likely to be among the toughest in living memory as inflation fuels cost of living crisis

The Guardian - UK

Number of people in UK with long-term sickness rose to record 2.5m in July

Almost 400,000 have exited jobs market with long-term health problems since early 2020, ONS says

The Guardian - UK

Markets rattled and pound slides after US inflation higher than hoped in August – as it happened

Investors brace for further interest rate rises, as US CPI rose 8.3% in the year to August, dashing hopes of a larger fall, and food inflation is highest since 1979

The Guardian - UK

FTSE 100 Live: Unemployment rate lowest since 1974, pay squeeze continues

The UK’s unemployment rate is its lowest since 1974 after official figures today showed a surprise drop to 3.6% in the three months to July.

Evening Standard

North East unemployment falls below 5% for first time in more than a year

The region still has the highest levels of joblessness in the UK but levels have fallen significantly in the most recent figures

Chronicle Live

'Chasm' between weak consumers and booming businesses widens. How and when will it close?

Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.

ABC News

Unemployment falls to lowest point in 48 years but pay lags behind inflation amid cost of living crisis

Jobless rate at lowest point since 1974, but hours worked and salaries both slump

The Independent UK

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Ballotpedia

Wisconsin announces participation in Integrity Data Hub

The Wisconsin Department of Workforce Development (DWD) announced August 8, 2022, that the state was participating in the Integrity Data Hub (IDH). The IDH is a platform of the National Association of State Workforce Agencies (NASWA) that “brings state workforce agencies together in collective action to compare and analyze [unemployment…

The Conversation

Job creation in South Africa: the president’s advisors discuss what it will take

At the end of 2021, South Africa recorded its highest unemployment rate since the dawn of democracy, at 35.3%. The figure has marginally dropped but there is still concern about how the country will tackle this issue. Dori Posel spoke to Trudi Makhaya, economic advisor to South Africa’s President Cyril…

AAP

New figures to reveal jobs market strength

Fresh labour force data will be closely watched to see if unemployment remains at near-record lows.

The Times of India

SAD asks Himachal Pradesh youths to be cautious of claims made by AAP

CHANDIGARH: Asking the young voters of Himachal Pradesh to be sceptic of the Aam Aadmi Party’s election promise of Rs 3,000 monthly unemployment allowance and 6 lakh government jobs, the Shiromani Akali Dal (SAD) has asked Punjab chief minister Bhagwant Mann if the youth in his state had received any…

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The Independent UK

Powell: Higher rates won't likely cause deep US recession

The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment

The Independent UK

Fewer Americans apply for jobless aid last week

Fewer Americans filed for unemployment benefits last week as the labor market remains continues to remain strong despite decades high inflation

Tribune News Service

Stuart Rothenberg: Learning from the 1998 and 2002 midterms

The 1998 and 2002 elections remain the only times since 1932 that the president’s party has gained House seats in a midterm. Do those elections tell us anything about this year’s election?

The Times of India

‘Brother’ MK Stalin hands over tiranga to Rahul Gandhi for yatra

KANYAKUMARI: Launching the ‘Bharat Jodo Yatra’ here on Wednesday, Congress’s Rahul Gandhi said “the country is headed towards disaster”, claiming it faces its worst ever financial crisis, coupled with the highest ever level of unemployment and price rise. At a public meeting, Rahul said the national flag — which embodies…

AAP

New agreement to push action on poverty

The federal government will be pushed to lift the JobSeeker payment and address long-term unemployment by welfare advocates and the peak union body.

The Conversation

WTO head Ngozi Okonjo-Iweala: how trade can help beat inequality

In a recent study South Africa was identified as ranking first of 164 countries in the World Bank’s global poverty database. Underlying this inequality is its very high rates of unemployment. Professor Dori Posel spoke to World Trade Organisation (WTO) Director General Dr Ngozi Okonjo-Iweala about why trade is important…

Roll Call

Learning from the 1998 and 2002 midterms - Roll Call

Are we heading toward another anomalous midterm election, like those in 1998 and 2002? That might be the case, Stuart Rothenberg writes.

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