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The Latest Breaking News from Unemployment

US Economy Defies Forecasts With Strong Job Growth as Private Sector Weakens

The US economy added 147,000 job, which is higher than the predictions made by analysts. Unemployment rate is not down to 4.1%!

International Business Times UK

Stocks Rally as US Payroll Report Encourages Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. September E-mini S&P futures (ESU25 ) rose +0.77%, and September E-mini Nasdaq futures...

Barchart

US labor market surprises with 147K new jobs last month despite Trump’s tariffs causing economic concerns

The positive figures conceal underlying weaknesses

The Independent UK

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Crude Oil Down 1%; Tripadvisor Shares Jump

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more 1% on Thursday.

Benzinga

Pound climbs and bond yields ease as PM backs Reeves

The FTSE 100 index closed up 48.51 points at 8,823.20.

Evening Standard

Dollar Moves Higher on Stronger-Than-Expected US Payroll Report

The dollar index (DXY00 ) today is up +0.36%. The dollar is higher after the stronger-than-expected US payroll report of +147,000 suggested continued strength in the US economy. The dollar is also seeing support from improved interest rate differentials, with the 10-year T-note moving higher by +5 bp. The dollar...

Barchart

Dow Jumps Over 200 Points; US Nonfarm Payrolls Beat Estimates

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Thursday.

Benzinga

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Stocks Rally on the Stronger-Than-Expected US Payroll Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. September E-mini S&P futures (ESU25 ) are up +0.46%, and September E-mini Nasdaq futures...

Barchart

US Hiring Beats Expectations In June Despite Tariff Worries

The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed Thursday, offering signs of continued labor market strength despite worries over President Donald Trump's tariffs.

International Business Times

US adds 147,000 jobs in June, surpassing expectations amid Trump trade war

Economists anticipated drop, but 8,000 new positions were added in June compared with May, with unemployment rate down to 4.1%

The Guardian - US

U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy

The Independent UK

Gen Z is ditching college for ‘more secure’ trade jobs—but building inspectors, electricians and plumbers actually have the worst unemployment rate

Trade jobs have been rebranded as a shortcut to six-figure salaries, without student debt, and immunity from automation. But Gen Z could be walking into a trap.

Fortune

Eurozone unemployment ticks up modestly as tariff uncertainty lingers

Businesses in Europe must contend with economic uncertainty when looking for new hires, although unemployment rates remains historically low.

Euronews

Stock Index Futures Slip With Focus on Trump’s Tax Bill and Trade Deals, U.S. JOLTs Report and Powell’s Remarks on Tap

September S&P 500 E-Mini futures (ESU25) are down -0.21%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.29% this morning, taking a breather after a recent rally, as investors monitor progress on U.S. trade talks and wrangling in Washington over President Donald Trump’s tax-and-spending bill.

Barchart

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The Guardian - UK

Lesotho activist arrested after video on unemployment rates angers prime minister

Tšolo Thakeli had long campaigned on youth joblessness, but a post questioning Sam Maketane’s promises on work creation landed him in prison

The Conversation

Gen Z is struggling to find work: 4 strategies to move forward

As the school year comes to a close, young Canadians entering the job market are facing one of the toughest hiring seasons in years. Despite their drive to build careers and connections, many Gen Z are entering a stagnant job market.

The Conversation

Women trapped with abusers: South Africa’s COVID lockdowns exposed serious protection gaps

The unintended consequences of measures introduced to limit the spread of the COVID-19 virus from 2020 to 2022 have been studied extensively. Research in South Africa shows that some of these measures added to social ills, such as unemployment and poverty.

The Independent UK

Fewer Americans sought unemployment benefits last week as layoffs remain low

The number of Americans applying for unemployment benefits dropped last week, the Labor Department said Thursday, a sign that companies aren’t cutting many jobs

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Benzinga

US Labor Market Is Flashing Red: 'Plentiful' Versus 'Hard-To-Get' Job Gauge Hits 4-Year Low, Signals Unemployment Could Jump To 6%

A widely watched labor market sentiment indicator has dropped to its lowest level since early 2017, excluding the pandemic spike, signaling potential trouble ahead for the U.S. job market.

The Independent UK

College graduates face toughest job market in more than a decade as hiring slows

Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade

Saving Advice

6 Surprising Things That Are Actually Taxable

Taxes are a part of life, but most people only think about their paycheck or maybe a side hustle when tax season rolls around. The...

The Independent UK

How to take care of yourself and your finances when you've experienced a layoff

Mass layoffs are currently affecting thousands of Americans both in the private and public sectors

Fortune

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

Fortune

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

Fortune

Nearly a quarter of Americans are ‘functionally unemployed’

The metric offers a broader snapshot of the labor market than the standard unemployment rate, which overlooks certain individuals.

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