The Latest Breaking News from Unemployment

US adds 339,000 jobs in May, surpassing forecasts, as unemployment rate increases slightly to 3.7%

June S&P 500 futures (ESM23) are trending up +0.45% this morning as the passage of a U.S. debt ceiling bill in Washington boosted market sentiment, while investors looked ahead to a crucial U.S. nonfarm payrolls report that might clarify the Federal Reserve’s policy path.

June S&P 500 futures (ESM23) are trending up +0.40% this morning as the passage of a U.S. debt ceiling bill in Washington boosted market sentiment, while investors looked ahead to a crucial U.S. nonfarm payrolls report that might clarify the Federal Reserve’s policy path.

Not long ago, Greece was Europe’s “economic and political problem child”, said Alan Posener in Die Welt (Berlin). The 2010 debt crisis had led to a 25% contraction in its economy – unemployment had hit 27%; people were rioting in the streets – and as a condition of receiving the massive bailouts…

former CM and leader of Opposition Bhupinder Singh Hooda on Thursday accused the government of playing with the future of Haryana’s youth who are facing severe hardship on account of unemployment

The news from the Office of National Statistics that net migration reached a record high of 606,000 in 2022 is likely to have embarrassed the government, particularly the home secretary, Suella Braverman. For years, successive prime ministers have promised reductions in net migration, but without much success in delivering them.

Low-income countries will not see unemployment rates recover to pre-pandemic levels in 2023, ILO says.

With youth unemployment at a record high, the problem of overeducated young people is acute

In 2008 Australia’s federal, state and territory governments set the goal of halving the employment gap between First Nations Australians and others within a decade. That required, by 2018, lifting the employment rate for First Nations Australians from 48% to 60%, with the rate for other Australians being 72%.

There are now more people at work in Ireland than there were at the height of the Celtic Tiger.

June S&P 500 futures (ESM23) are down -0.14%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.18% this morning as market participants digested weak Chinese manufacturing data while nervously awaiting the final vote on the U.S. debt ceiling deal.