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The Latest Breaking News from Unemployment

The number of people out of work in London rises to three year high

London now has the second highest unemployment rate of any region in the UK with only the north east ahead on 5.6%.

Evening Standard

Pay growth in Great Britain falls below 5%, making interest rate cut more likely

Gap between wages and inflation narrows in August, as UK unemployment rate dips to 4%

The Guardian - UK

Door opens wider to rate cuts as wages rise at slowest pace for more than two years

The unemployment rate continued to ease, falling to 4% in June to August, down from 4.1% in May to July.

Evening Standard

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Global public debt to hit $100tn this year, says IMF, as economic uncertainty threatens financial stability and growth – as it happened

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected

The Guardian - UK

Researchers say poverty and unemployment are up in Lahaina after last year's wildfires

A new study finds that unemployment and poverty are up and incomes are down among Maui wildfire survivors more than a year after a deadly blaze wiped out historic Lahaina

The Independent UK

Markets are finally believing Fed chair Jerome Powell will pull off his soft landing

"The general direction of U.S. employment signals an economy very far from 'recession,'" wrote UBS chief economist Paul Donovan.

Fortune

Canada has always had a ‘tap on, tap off’ immigration policy aimed primarily at filling jobs

The federal government will soon announce its immigration plan and immigration levels for the next three years. Prime Minister Justin Trudeau’s Liberals have already signalled, however, that the number of immigrants will decline from the levels of the past several years.

The Conversation

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Unemployment Rate Drops To 4.1% In September Report

September jobs report reveals positive trends with significant job gains and a decrease in the unemployment rate to 4.1%.

Top News

Strong September Jobs Report Puts Soft Landing in Sight: What the Experts Are Saying

A blowout reading on nonfarm payrolls takes another jumbo-sized cut to interest rates off the table.

Kiplinger

President Biden Celebrates Strong Jobs Report With 250,000 New Jobs

President Biden shares positive news on U.S. economy with 250,000 new jobs in September and unemployment at 4.1%.

Top News

US Stocks Surge As September Jobs Report Exceeds Expectations

Stocks rise on strong job report, US adds 254,000 jobs in September, unemployment rate at 4.1%.

Top News

Unemployment Rates Decline Across Various Demographics In September

Labor Department data shows declining unemployment rates across demographic groups in September, indicating a positive trend in the job market.

Top News

US Job Growth Surges, Unemployment Rate Drops

US job growth surged in September, with 254,000 jobs added and unemployment rate dropping to 4.1%.

Top News

Unemployment Claims Rise But Remain Below Pre-Pandemic Levels

Unemployment claims rise slightly to 225,000 due to Boeing furloughs, remaining below pre-pandemic levels.

Top News

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International Business Times

Steady Unemployment, Moderate Job Growth May Halt Larger Rate Cuts From Fed

Chief U.S. economist at Bloomberg Economics, Anna Wong, said that the payroll growth count may turn out to be a surprise for some. She expects a higher figure for the September jobs: 188,000.

Barchart

Stocks Close Lower on Geopolitical Uncertainty

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down by -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.05%. Stocks fell moderately on Thursday, with the Dow Jones Industrials dropping...

The Guardian - UK

The Guardian view on Andrew Bailey’s aggression: whatever traders think is true becomes fact

Editorial: Balance of payments, interest rates, unemployment and inflation determine short-term currency prices, but they are dwarfed by foreign exchange speculation

Investors Business Daily

Dow Jones Falls After Jobless Claims; Nvidia Rallies, Tesla Slides

Stock Market Today: The Dow Jones dropped Thursday after initial unemployment claims. Nvidia stock rallied, while Tesla slid.

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Fortune

U.S. economy is on the cusp of another Roaring ’20s, says UBS

"By early 2025 only the most pessimistic investors will need rose-colored glasses to see a clear path to a Roaring ’20s outcome," a UBS analyst says.

Newslaundry

Unemployment, rebellion and Article 370: BJP’s challenges in Hindu-dominated Jammu

In the third phase of polls in Jammu and Kashmir, people across 40 assembly seats – 16 in Kashmir and 24 in Jammu – will cast their votes. Will the BJP repeat its 2014 performance and outdo the National Conference and PDP in the Jammu region?

Barchart

S&P Futures Tread Water as Key U.S. Inflation Data Looms

December S&P 500 E-Mini futures (ESZ24) are trending down -0.04% this morning as investors braced for the release of the Federal Reserve’s first-line inflation gauge, which will offer further insights into the trajectory of U.S. interest rates.

The Independent UK

The number of Americans filing for jobless aid falls to lowest level in four months

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months

The Conversation

Why is the Reserve Bank independent from government, and why does it matter?

Negotiations over reforms to the Reserve Bank of Australia this week took an unprecedented turn when the Greens demanded the government use its reserve powers to immediately cut interest rates.

Fortune

Top Fed official calls for further interest rate cuts, focus on labor market

Minnesota Fed president Neel Kashkari says policy “remains tight” and further rate cuts would depend on the state of the labor market.

Latin Times

Experts Say You Should Move Out of These Cities Immediately, If You Haven't Already: Study

Cities were rated on factors including annual crime rates, air quality, unemployment, cost of living and Google searches for "moving out."

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People

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