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The Latest Breaking News from Unemployment

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%.

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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%.

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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%.

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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.

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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%.

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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.

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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.

International Business Times

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...

Barchart

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

The Guardian - UK

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.

Fortune

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?

Newslaundry

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.

Barchart

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 Independent UK

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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."

International Business Times

US Jobless Claims Drop To Four-Month Low, Indicating Job Market Recovery

Unemployment claims in the U.S. dropped in 4th-month low, which signals better conditions in the job market.

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Fortune

Top market strategist sees ‘nirvana’ after Fed rate cut, new economic data

“The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.

AAP

Impact of US rate cut in Australia remains to be seen

Senior minister Bill Shorten says it's unclear how much of an impact the US Federal Reserve's interest rates cut will have on Australia's economy.

Top News

US Unemployment Claims Hit Four-Month Low

Latest Labor Department report shows positive trend in U.S. job market with decrease in jobless claims and increase in individuals receiving jobless benefits.

The Independent UK

Weekly applications for US jobless benefits fall to the lowest level in 4 months

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

International Business Times

California Dems And Republicans Poised To Clash Again Over Bill That Provides Benefits To Illegal Migrants

A new bill aimed at providing unemployment benefits to undocumented immigrants has been met with strong opposition from Republican lawmakers.

Latin Times

California Dems and Republicans poised to clash again over bill that provides benefits to illegal immigrants

A new bill aimed at providing unemployment benefits to undocumented immigrants has been met with strong opposition from Republican lawmakers

The Conversation

Unemployment of 4.2% is a sign of RBA success, but it might not last. Here’s why

Today’s news that an extra 47,500 Australians found work in August while the unemployment rate held steady at 4.2% is a sign of success for both the government and Reserve Bank.

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