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The Latest Breaking News from Unemployment

May's Jobs Growth Blows Past Forecasts: What the Experts Are Saying

A blowout jobs report and a bit of wage inflation means a Fed pivot towards easing will have to wait.

Kiplinger

Stagflation: is Australia heading back to the 1970s? Our economics and business writers go head to head

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

The Guardian - AU

US Economy Adds More Jobs Than Projected As Unemployment Rate Hits 4%

The U.S. economy added more jobs than projected in May, but the unemployment rate topped 4% for the first time in nearly 18 months.

International Business Times

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US Hiring Surges Past Expectations As Job Market Still Strong

US job growth blew past estimates in May while unemployment also edged up, according to government data released Friday, underscoring the labor market's resilience as policymakers seek to cool the economy gradually.

International Business Times

US Unemployment Rate Hits 4%, Fed Not Concerned

US jobs report reveals 4% unemployment rate, surprising economists. Federal Reserve Chair Powell downplays impact on monetary policy.

Top News

US Stocks Dip As Job Market Surges In May

US stocks fell on Friday due to strong job market data in May, leading to a rise in bond yields. Unemployment rate in the US also increased to 4%.

Top News

Why doesn’t economic good news shift the polls for Rishi Sunak? An analysis of 27 past elections explains the problem

One of the few success stories of the Conservative government is the fall in inflation, which is now close to the target rate set by the Bank of England. In April 2024, the consumer price index, the most common measure of inflation, increased by 3% over the previous year compared…

The Conversation

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Gaza unemployment since start of Israel’s war soars to nearly 80%: ILO

Labour agency says occupied West Bank joblessness stands at almost 32 percent, giving a combined total of 50.8 percent.

Al Jazeera

How Much Should I Have In My Emergency Fund If I Live Paycheck to Paycheck? Two Experts Weigh In

Experts recommend a $2,467 emergency fund for low-income savers, but this might no longer work considering the current economic climate.

International Business Times UK

US Jobless Claims Rise, Layoffs Remain Low Amid Economic Uncertainty

Insights on the U.S. labor market: jobless claims rise slightly, hiring pace moderates, and tech companies announce layoffs.

Top News

Job figures are coming out, and here’s my prediction: The markets will overreact to the headlines

As the saying goes, “There are lies, damn lies and statistics.”

The Conversation

How voters turned against Narendra Modi in his party’s heartland

Anger at rampant unemployment, stagnant wages and inflation led to surprise losses in Uttar Pradesh

The Guardian - UK

Australia is on the brink of recession. So why does the RBA think we are spending too much?

Are we in a recession? No. But cripes, we may as well be

The Guardian - AU

From Utah to Texas, here are the states with the best economies in the U.S., and the worst

As the U.S. continues to hold the spot for largest economy in the world, here are the states with the strongest economies across the country.

Latin Times

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Fortune

JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style boom instead

Barchart

Stock Index Futures Slip on Growth Fears, U.S. JOLTs Report in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.34% this morning after weak manufacturing data raised concerns about the U.S. economic health, while investors geared up for the latest reading on U.S. job openings.

Barchart

Stock Index Futures Slip Ahead of U.S. JOLTs Report

June S&P 500 E-Mini futures (ESM24) are down -0.51%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.47% this morning following a volatile session on Monday, with investors gearing up for the latest reading on U.S. job openings.

Top News

ANC Faces Potential Loss Of Parliamentary Majority In South Africa

South Africa's ANC faces potential loss of parliamentary majority in recent election, signaling desire for change and new directions in leadership.

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news in one place.

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Top News

Challenges Persist For Recent College Graduates In Job Market

Challenges faced by recent college graduates in a competitive job market despite low unemployment rates.

International Business Times

China Making Youth Unemployment A 'Top Priority'

At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out tarpaulins as rain and an apparent lack of interest kept potential young employees away.

Top News

India's Economic Growth Under Modi's Leadership

Narendra Modi's leadership in India has brought economic growth but challenges persist. The upcoming election will be crucial in addressing these complex i...

Top News

US Jobless Claims Tick Up, Layoffs Remain Historically Low

Latest report shows slight increase in jobless claims, low layoffs, and potential hiring slowdown. Fed monitoring inflation and considering interest rate a...

The Independent UK

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

Barchart

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…

The Independent UK

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?

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