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The Latest Breaking News from Unemployment

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...

Barchart

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

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US Job Market Shows Resilience Despite Some Challenges

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

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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.

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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

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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....

Barchart

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%.

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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.

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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.

Top News

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,

Benzinga

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

The Independent UK

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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.

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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.

The Conversation

Three ways the UK can get people working again – without punishing them

The UK government has put forward ambitious plans to reform the UK’s employment support system. Helping people to find, stay in and succeed at work is a complex policy area. With unemployment at historically low levels, the key issue driving these new reforms is the high number of people –…

International Business Times UK

Labour Promises 'Jobcentre In Your Pocket' With £55 Million Modernisation Initiative

Recent figures suggest that Britain is the only major economy to experience a fall in its employment rate in the last five years.

The Independent UK

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows

The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows

Top News

Namibia's First Female Leader Contender In Presidential Election

Namibia's historic presidential election features Netumbo Nandi-Ndaitwah as a strong female contender addressing economic challenges and youth unemployment.

The Guardian - UK

Namibia goes to polls amid anger at high unemployment rate

Swapo party could lose its majority for the first time since independence in 1990, if youth voter turnout is high

The Independent UK

What do businesses say the Budget means for the jobs market?

ANALYSIS: CBI boss Rain Newton-Smith said Labour chancellor Rachel Reeves’s Budget has hit businesses, forcing them to consider expenditure on staff. Howard Mustoe explains what that means for the jobs market

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