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The Latest Breaking News from Unemployment

Supreme Court will hear Catholic charitable group's plea to be free from Wisconsin unemployment tax

The Supreme Court has agreed to take up a new religious rights case over whether a Catholic charitable organization must pay Wisconsin’s employment tax

The Independent UK

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

AAP

Fall in Australia’s unemployment rate sends dollar higher and stocks down, dimming hopes of interest rate cut

ABS reveals robust labour market as jobless rate drops from 4.1% to 3.9%, its lowest since March

The Guardian - AU

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OnlyFans Is Now Accessible In China: Here's Why It's A Big Deal

China, known for its strict censorship, surprisingly allows access to OnlyFans, raising questions about the country's changing internet policies.

International Business Times UK

More people unemployed for longer as opportunities wane

Australians dependent on unemployment payments are finding it even harder to get a job as positions disappear and structural barriers remain.

AAP

A farming project in South Africa is helping deaf people build skills and find jobs

In South Africa, where the general unemployment rate is over 32%, deaf people face even steeper hurdles

The Independent UK

Stocks Finish Mostly Higher on Positive US Economic News

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.92%. Stocks on Friday settled mixed, with the S&P 500 and Nasdaq 100 posting new...

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Rebound in Jobs Growth Keeps Fed on Track: What the Experts Are Saying

No nasty surprises in the November payrolls data leaves a quarter-point cut in play.

Kiplinger

Job creation increased in November

Wages also rose, while the unemployment rate was up slightly

Salon

US Job Market Shows Resilience Despite Some Challenges

US job market shows strength with steady job creation, low unemployment rates, and robust wage growth.

Top News

Federal Reserve Officials Express Confidence In America's Job Market

Federal Reserve officials express optimism about the stable job market conditions and low unemployment rates in the US.

Top News

S&P 500 and Nasdaq 100 Post New Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. Stocks are climbing today, with the S&P 500 and Nasdaq 100 posting new record...

Barchart

Labor Market Shows K-Shaped Recovery Amid Rising Unemployment Rate

Insights on the current labor market trends, highlighting disparities in job availability and unemployment challenges.

Top News

Stocks Rise as US Payroll Report Boosts Fed Rate Cut Chances

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. Stocks today are moderately higher, with the Nasdaq 100 posting a new record high....

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Top News

US Futures Rise Slightly After Strong November Jobs Report

US futures rise post-November jobs report, with 227,000 jobs added, but unemployment rate ticks up to 4.2%.

Top News

Unemployment Claims Rise, But Labor Market Remains Stable

Recent data shows an increase in initial claims for unemployment benefits but a decrease in continuing claims, indicating a stable yet slowing labor market.

Top News

US Economy Adds Only 12,000 Jobs In October Report

October jobs report shows lower job growth due to external factors, but stable unemployment rate.

Top News

Ghana Prepares For Crucial Presidential Election Amid Economic Challenges

Ghanaians prepare to vote for next president amidst economic crisis and key issues like unemployment and illegal mining in Ghana.

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Benzinga

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

The Independent UK

US applications for jobless benefits rise last week but remain at low levels

The number of Americans applying for unemployment benefits rose last week but remains at historically healthy levels

International Business Times UK

Belgium Makes History: New Law Grants Sex Workers Unemployment Benefits, Leave, and Pensions

Belgium grants sex workers full labour rights, including pensions and legal protections, in a historic move recognising their profession.

The Independent UK

Overhaul of official workforce data may take another two years, ONS admits

It said it is now ‘unlikely’ it will be able to introduce a revamped version of its Labour Force Survey in mid-2025.

The Conversation

South Africa’s poverty relief grant should be increased rather than paid to be more people – economists explain why

South Africa’s unemployment rate stands at a staggering 33.5%, one of the highest in the world. Coupled with an alarming poverty rate – where more than half of the population lives on less than R1,558 (about US$88) a month – the socioeconomic landscape is dire.

Barchart

Stock Index Futures Climb as Bond Yields Fall

December S&P 500 E-Mini futures (ESZ24) are up +0.31%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.38% this morning as Treasury yields fell after cash trading resumed following the Thanksgiving holiday.

The Conversation

The UK wants to guarantee work or training for all young people – first it needs good jobs

Nearly 1 million young people aged 16–24 – almost one in seven – are now classified as “Neet” (not in employment, education or training), according to the Office for National Statistics. The rate has risen steadily since 2022, and growth is concentrated among young men.

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