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The Latest Breaking News from Unemployment

Blowout December Jobs Report Puts Rate Cuts on Ice: What the Experts Are Saying

The strongest surge in hiring since March keeps the Fed on hold for now.

Kiplinger

US sees unemployment drop further after strong jobs report from the holidays

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates

The Independent UK

All Eyes On Final Jobs Report For 2024: What To Expect In 2025

The slowdown in labor market is due to the post-pandemic recovery, job growth in a few industries, high interest rates, tech advances, and uncertainty about the economy, global events, President-elect Donald Trump's potential policies.

International Business Times

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S&P Futures Gain With Focus on U.S. PMI Data and Fed Speak

March S&P 500 E-Mini futures (ESH25) are trending up +0.29% this morning, indicating an attempt by the benchmark index to snap a five-session losing streak, while investors awaited U.S. manufacturing data and remarks from a Federal Reserve official.

Barchart

US unemployment claims fall to 211,000, the lowest level since March

The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job security

The Independent UK

Dollar Weakens on Mixed US Labor Market News

The dollar index (DXY00 ) Thursday fell by -0.13% in thin holiday trade. An increase in US weekly continuing unemployment claims to a 3-year high raised concerns about labor market strength and weighed on the dollar. The decline in T-note yields from early highs Thursday also undercut the dollar. In...

Barchart

It's taking longer for some to find jobs

Nearly half of unemployed Americans have been job hunting for more than 15 weeks

Salon

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What does 2025 hold for interest rates, inflation and the American consumer?

Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a student-managed investment fund and studies corporate decision-making and incentives. Together, they’re also the resident economic…

The Conversation

US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high

The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years

The Independent UK

Is university worth it? Yes, for both students and society

As we enter the holiday season many young people are no doubt beginning to consider their future options. With a range of paths to pursue, a high rate of youth unemployment in Canada and a higher education sector facing unprecedented challenges it may seem logical to wonder if university is…

The Conversation

Youth Congress protest against unemployment in Jaipur; Police lathicharge

This demonstration has been named 'Naukri Do, Nasha Nahi' campaign, in which Congress leaders are targeting Bhajanlal government while giving speeches. Read further on Dynamite News:

Dynamite News

Number seeking unemployment drops right before holidays after big jump a week ago

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before

The Independent UK

Fed Sees Fewer Rate Cuts in 2025: What the Experts Are Saying

The Federal Reserve cut interest rates as expected, but the future path of borrowing costs became more opaque.

Kiplinger

Wages surge reduces chances of an interest rate cut this week

The rate of unemployment remained unchanged at 4.3% in the three months to October.

Evening Standard

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Evening Standard

FTSE 100 Live 17 December: Wage growth rebounds, bowling firm reveals NI cost impact

Any lingering hopes of a pre-Christmas cut in interest rates were dashed today by figures showing an acceleration in wage growth.

The Conversation

The fiscal update is no Christmas present for the government – but signs of a slow recovery are there

After a slow economic year, many New Zealanders are eyeing 2025 with uncertainty but also a degree cautious optimism. Interest rates are dropping and unemployment rates remain below expectations.

Kiplinger

New Supreme Court Tax Case Involves Religious Freedom: What to Know

The U.S. Supreme Court will consider a labor tax dispute that could have significant implications for religious organizations.

The Independent UK

Supreme Court will hear Catholic charitable group's plea to be free from Wisconsin unemployment tax

The Supreme Court has agreed to take up a new religious rights case over whether a Catholic charitable organization must pay Wisconsin’s employment tax

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AAP

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

The Guardian - AU

Fall in Australia’s unemployment rate sends dollar higher and stocks down, dimming hopes of interest rate cut

ABS reveals robust labour market as jobless rate drops from 4.1% to 3.9%, its lowest since March

International Business Times UK

OnlyFans Is Now Accessible In China: Here's Why It's A Big Deal

China, known for its strict censorship, surprisingly allows access to OnlyFans, raising questions about the country's changing internet policies.

AAP

More people unemployed for longer as opportunities wane

Australians dependent on unemployment payments are finding it even harder to get a job as positions disappear and structural barriers remain.

The Independent UK

A farming project in South Africa is helping deaf people build skills and find jobs

In South Africa, where the general unemployment rate is over 32%, deaf people face even steeper hurdles

Barchart

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...

Kiplinger

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.

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