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The Latest Breaking News from Unemployment

Young, urban, African: research explores what it means to be a good citizen in Ghana, Uganda and Tanzania

Young people between the ages of 18 and 35 make up two-thirds of Africa’s population. The number is expected to reach 75% by 2030. They live in an environment of rapid urbanisation, high unemployment rates and poor state services. These are some of the factors that incline young people towards…

The Conversation

Weak jobs report shows 'there’s a strong case' for Fed rate cuts before next meeting, economist says

Weak jobs report shows 'there’s a strong case' for Fed rate cuts before next meeting, economist says

"From a risk management perspective we think there’s a strong case to act before September 18th."

Hafta letters: Karnataka jobs quota, Indian cities, Trump

Hafta letters: Karnataka jobs quota, Indian cities, Trump

I have a question for the future Chief Justice of India, Anand. If you haven't watched the Sansad speech of RG or PM, how do you have such strong opinions of RG’s speech and an acceptable vision of PM’s speech? You have the right to have your bias, but if…

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Unemployment rise spurs fears of slowdown, yet recession signals have been wrong — so far

A surprising rise in the unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession — but it could also prove to be a false alarm

The Independent UK

This accurate recession indicator is flashing red, but the ‘Sahm rule’ creator says ‘this time really could be different’

“I am not concerned that, at this moment, we are in a recession,” Claudia Sahm told Fortune, adding that “no one should be in panic mode today, though it appears some might be.”

Dollar Falls Sharply on Soft US Economic Reports

The dollar index (DXY00 ) Friday fell by -1.17% and tumbled to a 4-1/2 month low. The dollar sank Friday on the weaker-than-expected US Jul payroll report that showed the Jul payrolls rose less than expected and the Jul unemployment rate rose to a 2-3/4 year high. Also, wage pressures...

Fed Considers Interest Rate Cut Due To Rising Unemployment

Chicago Federal Reserve President discusses concerns about US unemployment rate and potential interest rate cuts based on broader economic trends.

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Weak July Jobs Report Signals Steep September Rate Cut: What the Experts Are Saying

Weak July Jobs Report Signals Steep September Rate Cut: What the Experts Are Saying

A marked slowdown in hiring and rising unemployment means the Fed might have to make steep cuts to interest rates soon.

Unemployment Rate Rises To 4.3% In June

Unemployment Rate Rises To 4.3% In June

Recent rise in unemployment rate raises concerns about recession, but positive economic indicators offer hope.

Economic recession fears grow after bleak jobs report and unemployment spike

Economic recession fears grow after bleak jobs report and unemployment spike

The unemployment rate also saw a jump over the last month, now sitting at 4.3 percent

The Independent UK

Dollar Retreats as Weak US Jobs Report Boosts Fed Rate Cut Odds

Dollar Retreats as Weak US Jobs Report Boosts Fed Rate Cut Odds

The dollar index (DXY00 ) today is down by -1.13% and tumbled to a 4-1/2 month low. The dollar sank today on the weaker-than-expected US Jul payroll report that showed the Jul payrolls rose less than expected and the Jul unemployment rate rose to a 2-3/4 year high. Also, wage...

US Unemployment Rate Jumps, Fed Expected To Cut Rates

US Unemployment Rate Jumps, Fed Expected To Cut Rates

US unemployment rate rise prompts expectations of a significant rate cut by the Federal Reserve in September.

Federal Reserve Likely To Cut Interest Rates In September

Federal Reserve Likely To Cut Interest Rates In September

Learn about the likelihood of a Federal Reserve interest rate cut in September due to rising unemployment rates and a focus on supporting a stable labor ma...

US Extends Hiring Cooldown While Unemployment Highest Since 2021

US Extends Hiring Cooldown While Unemployment Highest Since 2021

The US jobs market cooled much more than expected in July with the unemployment rate reaching its highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.

International Business Times

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US Unemployment Rate Rises To 4.3% In July

US unemployment rate rises to 4.3% in July, highest since October 2021, signaling a cooling trend in the labor market.

US Labor Market Cools Off, Raises Recession Concerns

US labor market slowdown and rising unemployment rates raise concerns about economic growth and potential recession.

The Independent UK

US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll

U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs

July Jobs Report Expected To Show Modest Job Growth

Economists predict 175,000 job gains in July report with steady 4.1% unemployment rate. Fed unlikely to cut rates until September.

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Dollar Ends Higher as Stocks Plunge

The dollar index (DXY00 ) Thursday rose by +0.29%. The dollar on Thursday recovered from a 3-week low and posted moderate gains on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Dollar Gains on Weakness in the Euro and British Pound

The dollar index (DXY00 ) today is up by +0.13%. The dollar today recovered from a 3-week low and is moderately higher on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Unemployment Claims Rise, But Remain At Healthy Level

Learn about the recent increase in US unemployment claims and its implications on the economy.

The Independent UK

The number of Americans filing for jobless claims hits highest level in a year

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy

Stock Index Futures Climb as Focus Shifts to Fed, U.S. ADP Jobs Report and Meta Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.57% this morning as expectations mounted that Fed Chair Jerome Powell might signal a potential rate cut for September, while investors also awaited a fresh batch of U.S. economic data and an…

Youth-Led Protests Sweep Across Africa Against Corruption And Unemployment

Youth-led protests in Africa demand economic reforms, accountability for corruption, and governance improvements, sparking concerns of potential unrest spr...

Today's Fed meeting is merely a warm up act for September according to Wall Street—but they shouldn't count their chickens just yet

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

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