Unemployment plunges to 3.5 per cent, with nearly 90,000 jobs added in June Australia's official unemployment rate drops to 3.5 per cent, with an estimated 88,400 jobs added to the economy last month. ABC News · Jul 14, 2022
Man, 20s, arrested after PUP fraud amounting to €49,500 as gardai seize laptops, phones, cash and car Gardaí attached to the Garda National Economic Crime Bureau (GNECB), conducted the search as part of an ongoing investigation into the fraudulent claiming of the Pandemic Unemployment Payment (PUP) and the laundering of the proceeds of international Business Email Compromise (BEC) frauds Irish Mirror · Jul 13, 2022
Unemployment rate hit 48-year low in June Economists are using words like "stunning" and "staggering" after Australia's unemployment rate fell to 3.5 per cent in June, the lowest rate since August 1974. AAP · Jul 13, 2022
Canadians are relocating for jobs amid steep inflation and low unemployment Over the past two years, COVID-19 has dramatically affected the global job market. Canada is no exception to this upheaval. In the first quarter of 2020, a 15 per cent decline in Canada’s employment rate was reported and attributed to COVID-19. The Conversation · Jul 13, 2022
Congress questions Finance Minister’s interest in tackling inflation Nirmala Sitharaman had tweeted pictures taken by NASA’s James Webb telescope The Hindu · Jul 13, 2022
NZ has reached 'full employment' – but not all workers will benefit from a tighter labour market New Zealand’s unemployment rate hit a low of 3.2% in the fourth quarter of 2021 and again in the first quarter of this year. That’s the lowest the rate has been since at least 1986, both overall and separately for men (3.1% in both quarters) and women (3.3% in both… The Conversation · Jul 12, 2022
U.S. weekly unemployment insurance claims rise to 235,000 New applications for U.S. unemployment insurance benefits rose 4,000 for the week ending July 2 to a seasonally adjusted 235,000. The four-week moving average as of July 2 rose to 232,500 from 231,750 as of the week ending June 25. Ballotpedia · Jul 12, 2022
Morocco’s Household Confidence Index Hits All-Time Low Morocco’s High Commission for Planning (HCP) carried out the Permanent Household Status Survey that revealed the household confidence index for Q2 2022 continued its downward trend, hitting an all-time low. The household confidence index (ICM), which includes components related to the households’ perception of the standards of living status, unemployment,… Asharq Al-Awsat · Jul 9, 2022
June jobs report suggests Fed could avoid a recession – but room for error is minuscule The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment rate remained at a 70-year low of 3.6%. The Conversation · Jul 8, 2022
EXPLAINER: 5 key takeaways from the June jobs report Inflation is raging The Independent UK · Jul 8, 2022
US adds 372,000 jobs in June as growth exceeds expectations US unemployment rate held steady at 3.6%, labor department said, as jobs report indicated resilience The Guardian - US · Jul 8, 2022
Violent carjackings increase amid poverty and unemployment in Iran Using guns, tasers or machetes, carjackers in Iran are using more and more brazen strategies to threaten drivers and steal their vehicles or valuables. With poverty and unemployment on the rise, the crime is fueled by desperation, as shown in the shocking videos taken on highways and streets around Iran. France 24 · Jul 8, 2022
US job gains top estimates; jobless rate holds at 3.6% U.S. employers added more jobs in June than forecast and the unemployment rate held near a five-decade low, suggesting hiring needs are so far eclipsing concerns about the economic outlook. Tribune News Service · Jul 8, 2022
Hiring slipped only slightly in June, with no sign of a looming recession U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot. WEKU · Jul 8, 2022
Tribune News Service · Jul 7, 2022 US jobless claims rise slightly, remain near six-month high Applications for U.S. unemployment insurance last week rose slightly to a level last seen in January, suggesting that labor-market conditions are moderating.
The Independent UK · Jul 7, 2022 More Americans apply for jobless aid for 5th straight week More Americans applied for unemployment benefits last week, and while layoffs remain low, it’s the fifth straight week claims have topped the 230,000 mark
The News Lens · Jul 7, 2022 Under Pressure: Chinese International Graduates In a New China Uncertainty about Covid, high unemployment rates, and shifting workforce expectations challenge China’s youth in 2022.
Ballotpedia · Jul 6, 2022 U.S. weekly unemployment insurance claims fall to 231,000 New applications for U.S. unemployment insurance benefits fell 2,000 for the week ending June 25 to a seasonally adjusted 231,000. The previous week’s figure was revised up from 229,000 to 233,000. The four-week moving average as of June 25 rose to 231,750 from a revised 224,500 as of the week…
Los Angeles Times · Jul 5, 2022 With a recession looming, here's what you need to know about unemployment insurance The U.S. economy contracted by 1.6% in the first quarter of this year, setting the stage for a recession if economic output declines again in the second quarter, said economist Anil K. Puri, director of the Woods Center at Cal State Fullerton.
Benzinga · Jul 1, 2022 Bellbottoms and Bellwethers: Is It the 70s Again? I was born in 1979, so any anecdotes about the rise of disco or the fall of Saigon have come, at best, second hand. So too are the stories of inflation on a scale so epic it makes 2022 seem like a consumer paradise.
Benzinga · Jul 1, 2022 Labor Market Is Tight Yet Layoffs Surge As Tesla, Coinbase, Netflix And Others Cut Staff The recent unemployment claims numbers confirm the Federal Reserve's assertion that the labor market is tight. However, layoffs are intensifying, particularly in the tech and cryptocurrency sectors.
Asharq Al-Awsat · Jul 1, 2022 Saudi Unemployment Rate Drops to 6% The latest official data released on Thursday in Saudi Arabia revealed a drop in the unemployment rate in the Saudi workforce. The total rate of unemployment — including Saudis and non-Saudis — dropped to 6% in Q1 2022 compared to 6.9% during the same period in 2021, according to the…
Tribune News Service · Jun 30, 2022 US jobless claims fall slightly, remain near five-month high Applications for U.S. unemployment insurance fell, though remained near January levels, suggesting that labor market conditions are moderating.
France 24 · Jun 30, 2022 Xenophobia in South Africa: Vigilante groups target foreign-owned businesses The anti-immigrant attitude is common in South Africa. But in recent months it has taken an organised shape in the form of a rapidly growing populist movement. Young people united as the movement called "Operation Dudula" are demanding that illegal immigrants be sent home. The ruling party, the ANC, will…
The Independent UK · Jun 30, 2022 Slightly fewer Americans apply for jobless claims last week Slightly fewer Americans applied for unemployment benefits last week, reflecting a still robust job market despite increasing layoffs in some sectors of the economy that have cooled in recent months