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The Latest Breaking News from Unemployment

Is It A Good Idea To Get A Mortgage In A Recession? Find Out Now

The home-buying market screamed its way into every publication you read and every dinner-table conversation you participated in for the past year. Not only did people pay the listed price for a home, they fought to outbid each other.

Benzinga

India's unemployment lowest in 6 months at 6.80% in July: CMIE

MUMBAI: The country's unemployment rate in July fell to 6.80 per cent, the lowest level in the last six months, amid rising agriculture activities during monsoon, according to Centre for Monitoring Indian Economy (CMIE) data.

The Times of India

Government flags possible reform of $7b Workforce Australia jobseeker program a month after launching it

The government is creating a parliamentary committee to examine the rollout of Workforce Australia, the new unemployment services program that is barely a month old.

ABC News

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Kejriwal promises jobs and unemployment allowance in Gujarat

Arvind Kejriwal slammed the Gujarat Government for failing to provide jobs or generate employment for the youth of the State

The Hindu

Attempts being made to wind up PDS, says AIDWA

Unemployment among women is a serious problem: Mariam Dhawale

The Hindu

NITI Aayog has dimissed the Unemployment figures of CMIE, says Haryana CM Manohar Lal Khattar

CHANDIGARH: Haryana chief minister Manohar Lal Khattar said on Monday that the NITI Aayog has dismissed the unemployment figures of CMIE as baseless. In fact, the unemployment rate in Haryana is only 8 percent and in the direction of reducing it, work is being done to hone the skills of…

The Times of India

NITI Aayog has dismissed unemployment figures of CMIE, says Haryana CM Manohar Lal Khattar

The Times of India

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Who are the eight economists who decide when the US is in a recession?

The US Commerce Department on Thursday announced that the country’s gross domestic product had fallen for the second consecutive quarter, although President Joe Biden said the economic data overall “doesn’t sound like a recession”. In most countries, two successive quarters of GDP decline qualify as a recession – but not…

France 24

South Africa is trapped again: what kind of leaders can set the country free

Former South African president Thabo Mbeki recently painted a gloomy picture of the country and its prospects. He said the governing African National Congress (ANC), led by President Cyril Ramaphosa, did not have a national plan to address the country’s many socio-economic problems. These include high and growing unemployment, inequality,…

The Conversation

Congress plans massive protest against price rise, unemployment

Congress has drawn up an elaborate plan for the protest on August 5

The Hindu

Scammers still targeting Illinois state employment agency; officials say they’re better prepared now

An academic researcher says he finds Illinoisans’ stolen financial information for sale online, along with tutorials explaining how to commit fraud.

Chicago Sun-Times

US jobless claims fall slightly, hold near eight-month high

Applications for U.S. unemployment insurance fell for the first time in four weeks but held near the highest level since November, indicating continued moderation in the labor market.

Tribune News Service

Federal Treasurer to warn cost of living 'heavy weather' coming in economic update

The Treasurer is painting a grim picture of the coming months, forecasting spiking inflation, rising unemployment and more interest rate hikes, ahead of a speech to parliament later today.

ABC News

Low unemployment and immigration levels force Queensland businesses to look interstate for workers

Low unemployment and immigration levels are putting the squeeze on small businesses, forcing them to look interstate for workers.

ABC News

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The Guardian - AU

Jim Chalmers to cut economic growth estimates amid inflation ‘headwinds’

Treasurer will use state of the economy speech to trim 2021-22 growth to 3.75% and provide new inflation, wage and unemployment forecasts

Dynamite News

Rahul Gandhi targets PM Modi on issue of price rise

"Why a cylinder for Rs 1053? Why GST on curd-cereals? Why Mustard Oil for Rs 200? The 'king' arrested 57 MPs and suspended 23 MPs for asking questions on inflation and unemployment," Gandhi said in a tweet in Hindi. Full story on Dynamite News:

The Conversation

South Africa has been warned that it faces an 'Arab Spring': so what are the chances?

Former South African President Thabo Mbeki recently launched a sharp critique of the governing African National Congress (ANC) for failure to address what it has labelled the triple challenge of poverty, unemployment and inequality.

Ballotpedia

U.S. weekly unemployment insurance claims rise to 251,000

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending July 16 to a seasonally adjusted 251,000. The four-week moving average as of July 16 rose to 240,500 from 236,000 as of the week ending June 9.

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Dynamite News

Congress Protest: Denied 'Satyagraha', Congress calls it attack on democracy

Congress leader Ajay Maken said, "Around 10 years back , ED had closed this case. This case was revived again only with the intent to pressurise Opposition so that we don't raise farmers issue, price rise, unemployment and security of the country. Full story on Dynamite News:

The Conversation

Industrial policy options for southern Africa: scenarios set out possibilities and risks

There is a need to transform the underlying economic principles of the economies in southern African countries to address the persistent challenges of severe poverty and unemployment.

Dublin Live

Social welfare Ireland: Higher dole rates for workers who lose jobs 'suddenly' could be on the way

The new rates of pay are being discussed in Government as a means of preventing people suffering a sudden loss of income after losing their job

WEKU

The Fed's mission improbable: Beating inflation without causing a recession

Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done.

Tribune News Service

Gavin Newsom vs. Florida continues, this time over unemployment rates

SACRAMENTO, Calif. — Republicans launched the latest round of California vs. Florida Friday, warning Gov. Gavin Newsom that comparing his state’s economy to Florida’s — and, by extension, his leadership to that of Gov. Ron DeSantis — is a “comparison Newsom is likely going to regret.”

Tribune News Service

Texas’ boom-bust oil and gas business is booming for workers — for now

In the Texas oil patch, average pay has always been higher than in most industries, and it’s apparently rising fast, according to a June energy survey by the Federal Reserve Bank of Dallas.

Newcastle Herald

Record low unemployment rates riding up against return of inflation

Storm clouds over 'full' employment

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