The Latest Breaking News from Unemployment

The “seeming” post Fed meeting rally for the S&P 500 is head scratcher for sure. That’s because as we dig below the surface, the overall market has not really rallied…just the usual suspects in the mega cap space. As you dissect the Fed statements there is a great divide in…

Both unemployment and employment levels back to pre-pandemic levels, but inflation and rising interest rates temper mood

Bank of America's chief economist Michael Gapen revised his recession forecast again this week, citing strength in the labor market—but he says a "growth recession" is still coming in 2024.

Did NZ really dip into recession this year? Not until unemployment starts to rise ... that's the measure that affects real people. Jonathan Milne reports.

The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s been a resilient job market

New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish…

Thorpe tells Senate she had reported experiences to former Coalition government

China’s factory and consumer activity weakened further in May and surging unemployment among young people in cities broke the previous month’s record as an economic rebound following the end of anti-virus controls slowed

Employers expand workforces even as growth slows, surprising economists

The jobless rate has fallen back to 3.6 per cent after 76,000 jobs were added to the economy.

Federal Reserve Chairman Jerome Powell and his colleagues have made major mistakes in their battle with inflation.