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The Latest Breaking News from Unemployment

“What’s Something About A Recession That People Don’t Truly Understand Until They Experience It?” (75 Answers)

Some things are impossible to fully understand until you experience them firsthand.

Bored Panda

How Did a 'Person' Born in 2154 Receive $41K in Unemployment Benefits? DOGE Uncovers Fraud Scheme

Elon Musk's DOGE uncovers a wild scheme: millions in unemployment benefits went to fake people, including £32,000 ($41,000) to someone 'born' in 2154

International Business Times UK

Ecuador's Presidential Hopefuls Face Toxic Brew Of Crime, Unemployment

Cartel violence is hollowing out Ecuador's largest city Guayaquil, scaring away tourists, pummelling the economy and leaving whoever wins Sunday's presidential election with a gargantuan problem.

International Business Times

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US consumer sentiment tumbles as trade war fears grow

Expectations of rising unemployment hit the highest level since 2009.

Al Jazeera

Will Africa’s young voters continue to punish incumbents at the ballot box in 2025? We are about to find out

Voters in Gabon head to the ballot box on April 12, 2025, in a vote that marks the first election in the Central African nation since a 2023 coup ended the 56-year rule of the Bongo family.

The Conversation

Elon Musk's DOGE Says Tax Dollars Went To 'Fake People Born In The Future'

Elon Musk has repeatedly said there was fraudulent activity within federal agencies, and on Tuesday, the DOGE alleged that thousands of people "born in the future" claimed a total of $69 million in unemployment benefits.

International Business Times

Economist Warns Unemployment Could Fall to 'Recessionary Levels' If Trump Continues Tariff Rollout

Economists warn President Donald Trump's global tariff expansion could spark widespread job losses and push unemployment to recessionary levels.

Latin Times

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What is a recession, and is it tied to stock market declines?

Trump’s tariffs prompt market drops, recession fears, and worries of accompanying inflation this time.

Al Jazeera

LoP Rahul Gandhi in Bihar; Joins 'Palayan Roko Naukri Do' Padyatra in Begusarai

The ‘Palayan Roko, Naukri Do’ padyatra focuses on rising unemployment. Read further on ynamite News:

Dynamite News

US stock markets continue slump as China hits back on Trump tariffs

Top indices see worst two-day stretch since COVID pandemic, as Fed chair warns of increased inflation and unemployment.

Al Jazeera

Robust March jobs report signals the economy is starting from a 'position of strength' if Trump tariffs spark downturn

In March, the U.S. added 228,000 jobs, while the unemployment rate ticked up to 4.2%.

Fortune

US Fed Chair Warns Tariffs Will Likely Raise Inflation, Cool Growth

US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday.

International Business Times

US added 228,000 jobs in March despite Trump’s deep cuts to federal workforce

Figure up from 117,000 jobs added in February, far higher than expected, as unemployment rose slightly to 4.2%

The Guardian - US

Unemployment benefits for striking workers being considered in Oregon, Washington

Lawmakers in Oregon and Washington are considering whether striking workers should receive unemployment benefits

The Independent UK

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The Independent UK

Fewer Americans file for jobless benefits last week as labor market continues to show strength

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years

The Conversation

Living in ‘garbage time’: when 500 million Chinese change their spending habits, the world feels it

China’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined from 8.4% in 2021 to 4.5% today, youth unemployment has climbed to 16.9%, and cities are filled with unfinished buildings after the collapse of property developer Evergrande in 2024.

Barchart

Stock Index Futures Slip Ahead of U.S. Tariffs Announcement, JOLTs Report and PMI Data on Tap

June S&P 500 E-Mini futures (ESM25) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.25% this morning as investors prepare for U.S. President Donald Trump’s tariff announcements while also awaiting the latest reading on U.S. job openings and manufacturing sector surveys.

Barchart

Stock Index Futures Gain Ahead of U.S. Tariffs Announcement, JOLTs Report and PMI Data on Tap

June S&P 500 E-Mini futures (ESM25) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.24% this morning as investors await the latest reading on U.S. job openings and manufacturing sector surveys.

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The Independent UK

Supreme Court seems likely to side with Catholic Charities in religious-rights case

The Supreme Court appears to be leaning toward a Catholic charitable organization pushing back against the state of Wisconsin in the latest religious rights case to come before the court

The Conversation

23% of South Africa’s children suffer from severe hunger: we tested some solutions – experts

A 2024 Unicef report found that 23% of South African children experience severe food poverty, eating less than two of the recommended five food groups per day. Unemployment, food insecurity, limited access to basic services and a lack of knowledge about nutrition all contribute to this. The lead researcher of…

Fortune

Just a few years into joining the world of work, 4 in 10 Gen Zers are ready to quit and survive on unemployment benefits instead

Many Gen Z workers are already over the nine-to-five grind of work. A PwC report warns that the huge pool of unemployed young people—or NEETs—is about to get bigger.

Barchart

Stock Index Futures Slip on Tariff Uncertainty Ahead of U.S. PCE Inflation Data

June S&P 500 E-Mini futures (ESM25) are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.32% this morning as market participants remain cautious amid uncertainty surrounding U.S. tariffs while also awaiting the release of the Federal Reserve’s first-line inflation gauge.

Evening Standard

New workers’ rights plan is anti-business and will harm growth, critics warn

Shadow business minister Lord Hunt of Wirral argued that Labour’s 299-page Employment Rights Bill should be called the Unemployment Bill.

Fortune

A new Supreme Court case could totally change which employers have to pay into unemployment benefits

Catholic Charities v. Wisconsin could end unemployment benefit contributions for organizations with religious affiliations.

The Guardian - UK

UK pay growth remains high, making interest rate cut less likely

Unemployment was level in January, but has risen over the past six months

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