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The Latest Breaking News from Unemployment

The number of Americans applying for jobless benefits inches up, but layoffs remain low

The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates

The Independent UK

Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from…

Barchart

Biden makes his play for Black voters in Philadelphia: ‘We’re gonna make Donald Trump a loser again’

Black voters are vital to Biden re-election campaign. Will they put their faith in him one last time?

The Independent UK

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'How can you tell me it won't lead to stagflation?' Jamie Dimon says 'extraordinary' government spending has him bracing for high inflation and unemployment

"I look at the amount of fiscal and monetary stimulus that has taken place over the last five years—it has been so extraordinary, how can you tell me it won't lead to stagflation?"

Fortune

South Africans vote in watershed election as ANC could lose majority

Cyril Ramaphosa has promised to ‘do better’ but lingering poverty and unemployment threaten his party’s three-decade grip on power

The Independent UK

South Africa's election turns into referendum on ANC's economic legacy

As South Africans vote in the country's general election this Wednesday, we focus on the state of the economy after three decades under the rule of the African National Congress. In this edition, we see how the country's crumbling energy infrastructure has hampered economic activity and explore the reasons behind…

France 24

South Africa heads to polls as unemployment and inequality grip the nation

When South Africa's ANC, founded by Nelson Mandela, swept to power in 1994, it promised "a better life for all". But today, South Africa is worse off than it was 30 years ago and the ruling party could lose its parliamentary majority in Wednesday's election, with voters frustrated with soaring…

France 24

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Xi Prioritizes Policies to Reduce Youth Unemployment in China

China’s president calls for efforts to promote high-quality employment as more graduates prepare to join job market

Caixin Global

South Africa elections 2024: Key issues by the numbers

Unemployment, crime and access to electricity are some of the biggest issues on the ballot.

Al Jazeera

South Africa's ANC Faces Major Electoral Challenge

South Africa's upcoming election poses a challenge to the ANC's rule, with key issues like unemployment and corruption in focus. Voters seek change and a b...

Top News

From Modi factor to unemployment: Delhi voters divided, turnout lower than 2019

From the Narendra Modi factor to issues such as unemployment and education, voters in Delhi appeared divided as seven constituencies in the national capital went to the polls in the sixth phase on Saturday.

Newslaundry

Five pieces of economic news that could affect UK election result

From unemployment to inflation, the key data the Tories and Labour must explain to voters

The Guardian - UK

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Newcastle Herald

One job for every two unemployed: Hunter labour market tighter than NSW

The Hunter has one job vacancy for every two unemployed people, offering "little wiggle room" for companies looking for skilled staff. The Hunter's April unemployment rate was 3.1 per cent, almost a full point below the state and national levels, according to the Australian Bureau of Statistics. Business Hunter chief…

The Conversation

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades.

The Guardian - UK

‘Modi builds highways but where are our jobs?’: rising inequality looms over India’s election

While the number of Indian billionaires soars, growing unemployment has become a big problem for the BJP as it campaigns for a third term

The Hindu

Inflation, joblessness force BJP supporters to question their choice in eastern U.P.

Voters in Uttar Pradesh critique Modi government's policies on inflation, unemployment, and reservation, questioning BJP's promises and performance.

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The Hindu

Women, youth, and Scheduled Castes emerge as important segments in the Lok Sabha election’s outcomes

The 2024 Lok Sabha election hinges on women, youth, and Scheduled Castes, with voting patterns shifting across India.

WEKU

Kentucky unemployment numbers tick up slightly

Kentucky’s most recent unemployment numbers have been released

Top News

US Jobless Claims Fall, Labor Market Cooling Slightly

Recent data shows jobless claims drop to 222,000, indicating a stable labor market with signs of cooling.

The Conversation

At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall

A central focus of this week’s budget is the treasury’s forecast for inflation.

The Guardian - AU

Australia’s unemployment rate rises to 4.1% reducing chance of another RBA interest rate hike

Jobless rate increases from a revised 3.9% in March but it’s a mixed picture with employers adding 38,500 jobs overall

The Guardian - AU

No increase to base jobseeker rate in budget means Centrelink payment remains below poverty line

There will be no change to unemployment payments despite a government committee and several social services groups calling for an increase

International Business Times UK

Diploma Devaluation: Overqualified Chinese Graduates Desperate For Jobs Hired For Crematorium Role

A philosophy student that graduated with a master's degree was among the shortlisted applicants for a role in one of Guangzhou's crematoriums.

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