The Latest Breaking News from Unemployment

US Job Growth Cools, Unemployment Rate Rises To 4.1%

US job growth slightly slowed last month, adding 206,000 jobs, with an unexpected rise in the unemployment rate to 4.1%.

Top News · Jul 5, 2024

US economy adds 206,000 June jobs as labor market cools slightly

Number is close to what was expected, as unemployment rate creeps above 4% for first time in two years

The Guardian - US · Jul 5, 2024

Unemployment Claims Rise, Job Market At Risk Of Slipping

Recent data shows rising unemployment claims and mixed job market signals amid economic recovery.

Top News · Jul 5, 2024

Paris hospitality sector faces tourism slump ahead of Olympics

Hotel occupancy rates in the French capital are well below average, as bad weather combines with Olympics-related transport hassles and price hikes to keep summer tourists away. Also, President Emmanuel Macron's planned unemployment insurance reform becomes the latest casualty of France's political upheaval – we take a closer look.

France 24 · Jul 2, 2024

Donald Trump says immigration is taking 'Black jobs.' Top economists: No

The long-standing question is "settled," Harvard economist Lant Pritchett says.

Fortune · Jun 28, 2024

Kenya unrest: the deep economic roots that brought Gen-Z onto the streets

The generation of Kenyans born between 1997 and 2012 – the Gen-Zs – have borne the brunt of the country’s slow economic growth. If a country has slow economic growth, it typically experiences higher unemployment rates, reduced income levels and decreased investments. It leads to an overall lower living standard.

The Conversation · Jun 28, 2024

S&P Futures Climb as Investors Await Key U.S. Inflation Data, Nike Results Disappoint

September S&P 500 E-Mini futures (ESU24) are trending up +0.39% this morning as investors bet that the upcoming reading of the Federal Reserve’s preferred inflation gauge will strengthen the argument for lower interest rates.

Barchart · Jun 28, 2024

How the ‘unforced error’ of austerity wrecked Britain

The Tories’ cuts were an obvious economic blunder, but their disastrous consequences are still piling up – and there is little hope Labour will reverse the damage

The Guardian - UK · Jun 28, 2024

Dollar Slips on Weak US Economic Reports

The dollar index (DXY00 ) on Thursday fell by -0.14%. The dollar was under pressure Thursday after US economic news showed weekly continuing unemployment claims unexpectedly rose to a 2-1/2 year high, a sign of labor market weakness that is dovish for Fed policy. Also, weaker-than-expected US capital goods orders...

Barchart · Jun 27, 2024

Dollar Weakens on Fed-Friendly US Economic Reports

The dollar index (DXY00 ) today is down by -0.27%. The dollar is under pressure today after US economic news showed weekly continuing unemployment claims unexpectedly rose to a 2-1/2 year high, a sign of labor market weakness that is dovish for Fed policy. Also, weaker-than-expected US capital goods orders...

Barchart · Jun 27, 2024