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The Latest Breaking News from Unemployment

Joblessness below pre-COVID levels: Finance Ministry

Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says

The Hindu

Bharat Jodo Yatra: Resolve problems gripping nation, Rahul Gandhi tells Narendra Modi

ALAPPUZHA Taking potshots at Prime Minister Narendra Modi, Congress leader Rahul Gandhi on Saturday

The Hindu

Prepare for more big rate rises — our jobs market is on a tear

Our employment market is running hot, even if no one is getting wage rises. And that means there’ll be a lot more interest rate increases to come.

Crikey

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U.S. weekly unemployment insurance claims fall to 222,000

New applications for U.S. unemployment insurance benefits fell 6,000 for the week ending September 3 to a seasonally adjusted 222,000. The previous week’s figure was revised down from 232,000 to 228,000. The four-week moving average as of September 3 fell to 233,000 from a revised 240,500 as of the week…

Ballotpedia

Fewer Americans file for jobless benefits again last week

The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control

The Independent UK

Economists discount unemployment rise amid ‘bright’ jobs outlook

Australia's unemployment rate ticked up for the first time in 10 months as more Australians looking for work offset a solid rise in jobs.

The New Daily

The States With the Highest and Lowest Student Debt

The cost of college is across the 50 states varies widely. Here's where students have taken on the biggest debt burden.

The Street

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Qld unemployment rate lowest on record

The Sunshine State has registered its lowest unemployment rate since recording began in 1978.

AAP

Australia’s unemployment rate rises slightly from 3.4% to 3.5% as more people seek work

Labour market figure will be watched by economists as a guide to Reserve Bank’s decision on whether to further raise interest rates

The Guardian - AU

Unemployment rises for the first time in 10 months despite continuing jobs boom

Australia's unemployment rate rises for the first time in 10 months, despite more than 30,000 jobs being added in August.

ABC News

Australian jobless rate lifts to 3.5pct

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

AAP

American billionaires ‘lose $93bn in a day’ as new inflation figures hit markets hard

“Unemployment is low. Jobs are up. Manufacturing is good. I think we’re going to be fine,” said President Joe Biden

The Independent UK

Biden insists US economy ‘going to be fine’ after stock market plummets amid reports of continued inflation

Unemployment remains low, the president said

The Independent UK

How do we make workplaces work for autistic people?

The unemployment rate in Australia for autistic people is 34.1%, according to the most recent data. This is more than three times the rate for people with disability (10.3%) and almost eight times the rate of people without disability (4.6%).

The Conversation

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Birmingham Post

Unemployment in Wales lowest since 1974 but economic inactivity on the rise

The unemployment rate in Wales is lower than the UK as a whole but the reverse for economic inactivity

The National (Scotland)

Scotland's unemployment drops to record low, figures show

UNEMPLOYMENT in Scotland has fallen to a record low, according to latest figures.

Insider UK

Unemployment drops to record low in Scotland

Latest official statistics show rate falling below the UK average between May and July

The Guardian - UK

UK unemployment is lowest since 1974 but workers face pay squeeze

Winter likely to be among the toughest in living memory as inflation fuels cost of living crisis

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The Guardian - UK

Number of people in UK with long-term sickness rose to record 2.5m in July

Almost 400,000 have exited jobs market with long-term health problems since early 2020, ONS says

The Guardian - UK

Markets rattled and pound slides after US inflation higher than hoped in August – as it happened

Investors brace for further interest rate rises, as US CPI rose 8.3% in the year to August, dashing hopes of a larger fall, and food inflation is highest since 1979

Evening Standard

FTSE 100 Live: Unemployment rate lowest since 1974, pay squeeze continues

The UK’s unemployment rate is its lowest since 1974 after official figures today showed a surprise drop to 3.6% in the three months to July.

Chronicle Live

North East unemployment falls below 5% for first time in more than a year

The region still has the highest levels of joblessness in the UK but levels have fallen significantly in the most recent figures

ABC News

'Chasm' between weak consumers and booming businesses widens. How and when will it close?

Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.

The Independent UK

Unemployment falls to lowest point in 48 years but pay lags behind inflation amid cost of living crisis

Jobless rate at lowest point since 1974, but hours worked and salaries both slump

Ballotpedia

Wisconsin announces participation in Integrity Data Hub

The Wisconsin Department of Workforce Development (DWD) announced August 8, 2022, that the state was participating in the Integrity Data Hub (IDH). The IDH is a platform of the National Association of State Workforce Agencies (NASWA) that “brings state workforce agencies together in collective action to compare and analyze [unemployment…

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