The Latest Breaking News from Unemployment

The labour market has proved resilient, with the jobless rate coming in at 3.5 per cent and 33,000 new jobs added to the economy.

New applications for U.S. unemployment insurance benefits fell 12,000 for the week ending July 8 to a seasonally adjusted 237,000. The previous week’s figure was revised up by 1,000 to 249,000. The four-week moving average as of July 8 fell 6,750 from the previous week’s revised average to 246,750.

Lower-than-expected PPI and unemployment claims reinforce market expectations for Fed to pause tightening policy.

Union Minister Gadkari expressed satisfaction at Andhra Pradesh's development efforts. Projects worth ₹2 lakh crore are in progress, doubling national highways from 4,193 km to 8,744 km. PM Modi's vision of poverty/unemployment eradication through infrastructure is being implemented. Projects worth ₹17,000 crore in Tirupati, inter-modal bus terminus, and Swastya hospital…

South Africa has a growing unemployment rate. Statistics show the unemployment rate to be above 60% for those aged 15-24 and over 40% for those aged 25-34 years. Rankings from the World Bank position South Africa as having the highest unemployment rate in the world.

U.S. applications for unemployment benefits fell last week, suggesting companies are holding onto workers despite a moderation in job gains.

India has a range of indicators which throw significant light on India's employment scenario. Traditional indicators like participation rate, unemployment rate and worker population ratio are released in quarterly frequency. Read further on Dynamite News:

Alex Hawke delayed preselections, harming party’s chances at 2022 election, a motion submitted to NSW Liberal state council claims

Studies using traditional statistical methods have long indicated a link between unemployment and suicide. But until now it has been unclear if this relationship is causal. That is, even though the suicide rate is higher among the unemployed, can we definitely say unemployment directly leads to suicide?