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The Latest Breaking News from Unemployment

Tish Murtha and Kuba Ryniewicz review – empty factories and cuddly pets struggle for connection

Close to Home pairs the two artists’ contrasting visions of the pursuit of happiness in north-east England. There are many good things but they don’t add up

The Guardian - UK

Stock Indexes Settle Mixed as Chipmakers Retreat

Stock Indexes Settle Mixed as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.61%. September E-mini S&P futures (ESU26 ) fell -0.25%, and September E-mini Nasdaq futures (NQU26...

Dollar Drops on US Job Weakness

Dollar Drops on US Job Weakness

The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar was also under pressure on Thursday after...

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The Unemployment Rate Unexpectedly Dropped In June. But It Is Not Because There Are More Jobs.

The unemployment rate dropped in June, but it was because fewer people are looking for jobs.

International Business Times

The Guardian view on xenophobic violence in South Africa: anti-migrant politics can’t fix domestic problems

Editorial: Foreigners are not to blame for unemployment, crime and the state of public services. Leaders should have the courage to say so more clearly

The Guardian - UK

Stock Indexes Turn Mixed as Chipmakers Sink

The S&P 500 Index ($SPX ) (SPY ) is up +0.10% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.92%. September E-mini S&P futures (ESU26 ) are up +0.08%, and September E-mini Nasdaq futures...

‘I don’t just watch climate change happening’: the young Swedes being paid to make a difference

Participant-led YPS scheme creates green projects while providing summer jobs in country with high youth unemployment

The Guardian - UK

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New report claims AI is leading to job layoffs — but higher-level more educated workers are being hit hardest

New report claims AI is leading to job layoffs — but higher-level more educated workers are being hit hardest

AI unemployment is disproportionately affecting higher-level, more educated tech workers in California, report warns.

Centre notifies three sets of rules under VB-G RAM G Act

Centre notifies three sets of rules under VB-G RAM G Act

New rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from MGNREGS. These rules detail wage and unemployment allowance payments exclusively via Direct Benefit Transfer, and outline procedures for expenditures exceeding central allocations. Ongoing MGNREGS works and job cards will…

The Economic Times

Dollar Tumbles on a Weak US Jobs Report

Dollar Tumbles on a Weak US Jobs Report

The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar is also under pressure amid weakness in crude oil...

Stocks Climb as Fed Rate Hike Fears Ease on a Weak Jobs Report

Stocks Climb as Fed Rate Hike Fears Ease on a Weak Jobs Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. September E-mini S&P futures (ESU26 ) are up +0.58%, and September E-mini Nasdaq futures...

US job growth plummets as eurozone unemployment holds at record low

US job growth plummets as eurozone unemployment holds at record low

New labour market data highlights a growing transatlantic divide, with US payroll additions slowing drastically, while the Eurozone unemployment rate remains anchored at an all-time low.

U.S. Economy Adds Less Than Half The Jobs Analysts Expected In June, But Unemployment Rate Drops

U.S. Economy Adds Less Than Half The Jobs Analysts Expected In June, But Unemployment Rate Drops

Nonfarm payrolls for June increased by much less than expected in June, according to new data from the Bureau of Labor Statistics.

International Business Times

US employers added just 57,000 new jobs in June, lower than expected

US employers added just 57,000 new jobs in June, lower than expected

The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month

The Guardian - US

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Nasdaq Futures Slip as Chip Stocks Extend Slide, U.S. Jobs Report in Focus

September Nasdaq 100 E-Mini futures (NQU26) are down -0.30% this morning, pointing to further losses after semiconductor stocks led Wall Street lower in the previous session.

Spain jobless total falls below 2.3 million for first time since January 2008

The State Public Employment Service recorded 2,291,982 jobseekers in June, 28,739 fewer than in May, dropping below 2.3 million for the first time since January 2008. Social Security membership also hit a record high.

Where do graduates struggle the most to find a job?

Europe in Motion breaks down employment and unemployment data across Europe.

Weak June Jobs Report Quiets the Rate-Hike Conversation

The June jobs report came in well below economists' estimates, but the unemployment rate ticked lower.

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The Economic Times

Weak hiring is hurting young workers more than AI, study says

A new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among young Americans. While AI does present a challenge for recent graduates, the broader economic slowdown and reduced hiring have a more significant impact. This research…

Stock Index Futures Gain at Quarter-End, U.S. JOLTS Report and Nike Earnings on Tap

September S&P 500 E-Mini futures (ESU26) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.16% this morning, putting the major indexes on track for their strongest quarterly gains in years.

The Economic Times

Four things to know about South Africa's anti-migrant protests

South Africa is gripped by anti-immigrant unrest as citizen groups demand undocumented foreigners leave, leading to at least four deaths and thousands fleeing. Minor political parties and vigilante groups, fueled by economic woes and unemployment, are behind the protests. Several African nations are now organizing voluntary repatriations amidst escalating tensions…

The Conversation

Blaming migrants ignores the real causes of South Africa’s economic crisis

South Africa is in the midst of its most significant anti-immigrant mobilisation in years.

The Economic Times

What is behind South Africa's anti-immigrant protests?

South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being overrun and contributing to crime and job losses, data suggests otherwise. Migrants constitute a small percentage of the population, and evidence indicates they are law-abiding and contribute to the economy. Underlying issues of poor…

Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else

While AI companies sow anxiety around their technologies, there’s evidence elsewhere of different economic factors actually driving employment challenges.

The Conversation

Did Kenya’s Gen Z protests achieve anything? An economist weighs up what’s changed and what’s stayed the same

Kenya’s Gen Z-led protests of 2024 drew global headlines. For weeks, young people mobilised against proposed tax increases, the rising cost of living, unemployment, corruption and what they saw as an unresponsive political class. But what began as opposition to the 2024 Finance Bill quickly evolved into a broader challenge…

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