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The Latest Breaking News from Unemployment

US Hiring Slows More Than Expected In Sign Of Cooler Market

US job growth came in markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.

International Business Times

US adds 175,000 April jobs as hiring slows and unemployment stays steady

April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong

The Guardian - US

US Job Growth Slows, Unemployment Rate Rises In April

US job growth slowed in April with 175,000 jobs added, missing expectations. Unemployment rate rose slightly to 3.9%.

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Nasdaq Futures Climb on Upbeat Apple Results, U.S. Jobs Report in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.56% this morning as market participants cheered forecast-beating quarterly results and a record share buyback from tech giant Apple and looked ahead to critical U.S. non-farm payroll data due later in the day.

Barchart

American Economy Shows Resilience With Strong Job Growth In April

American economy adds 233,000 jobs in April, maintaining strength despite inflation concerns. Job market remains robust with unemployment rate at 3.8%.

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NYC Homeless Services Investigator Charged With Unemployment Fraud

NYC fraud investigator charged with fraudulently claiming unemployment benefits during COVID-19 pandemic, involving identity theft of homeless individuals.

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US Unemployment Claims Remain Historically Low Amid Economic Challenges

The latest Labor Department report shows stable U.S. unemployment claims at 208,000, reflecting a resilient labor market amid economic challenges.

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Nashik’s Trimbakeshwar tribal women ask for work and dignity on Labor Day

On Labor Day tribal women workers of MNREGA scheme from Nirgud Pada village in Trimbakeshwar taluka, in Nashik, demand unemployment allowance after continuously demanding work under MGNREGA for almost three months.

The Hindu

The budget reveals what governments actually care about. And Labor has chosen to keep jobseekers in poverty

The government could easily index jobseeker to whichever is highest of the CPI or wage price index

The Guardian - AU

US Unemployment Rate Stays Below 4% For Two Years

US unemployment rate below 4% for over two years, Federal Reserve cautious about future labor market changes.

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The Best of Reason: In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.

Reason

NZ jobless rate hits three-year high with worse to come

New Zealand's unemployment rate is now 4.3 per cent, its highest level since the height of the COVID-19 pandemic in 2021.

AAP

Nirudyoga JAC exhorts youth to vote YSRCP government out of power

Nirudyoga JAC exhorts youth to vote YSRCP government out of power. The JAC launches Chaitanya Yatra to educate youth on the issue. Chief Minister Jagan Mohan Reddy has betrayed unemployed youth by reneging on his promises of filling 2.3 lakh vacant posts, conducting Mega DSC and releasing job calendar every…

The Hindu

In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.

Reason

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The Hindu

Elections come and go, but backwardness remains in Chittoor Lok Sabha segment

Chittoor Lok Sabha constituency remains backward despite political changes, facing unemployment, agriculture decline, and lack of development.

The Hindu

CITU tells working class to vote against BJP

CITU calls on working class to defeat BJP in Lok Sabha elections, highlighting issues of inflation and unemployment.

The Guardian - AU

The government shouldn’t boast about Australia’s latest CPI figures, but it shouldn’t panic either

Inflation appears to be under control, and real wages are now growing – but for those with Hecs/Help debts, the pressure is very real

Ballotpedia

Louisiana House committee advances unemployment insurance indexing bill (2024)

The Louisiana House Committee on Labor and Industrial Relations advanced a bill on Apr. 18 that would index the length of unemployment insurance benefits to the state’s unemployment rate. House Bill 119 would reduce the maximum number of benefit weeks to 12 when the unemployment rate is at or below…

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Al Jazeera

‘Forced’ move: Rwandans grapple with own fears over UK asylum seeker plan

Amid high unemployment and a housing crisis, many in Rwanda are apprehensive about the $272m migrant deal with the UK.

The Hindu

PM has new tactics for diverting attention from real issues: Rahul Gandhi on Modi’s ‘redistribution of wealth’ remarks

Lok Sabha election 2024 news: Congress accuses PM Modi of diverting attention from real issues like unemployment and inflation in India

The Hindu

BJP gave people inflation and unemployment, says Mann

Bhagwant Mann hit out at the BJP-led Centre, accusing it of failing to deliver in the past 10 years and now seeking votes in the name of religion and caste.

The Hindu

Modi’s guarantee a bundle of lies, says M.A. Baby

CPI(M) leader M.A. Baby criticizes PM Modi, accusing him of falsehoods, farmer suicides, and unemployment, urging against a third term.

Top News

US Jobless Claims Unchanged, Economy Remains Resilient

Explore the latest U.S. labor market trends, including steady jobless claims, strong hiring, and sector-specific job cuts amidst economic challenges.

The Guardian - AU

Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs

Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates bite

AAP

Jobs market holds ground despite rise in unemployment

The official jobs data was more subdued in March as widely expected following a surprisingly strong February result.

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