The Latest Breaking News from Unemployment

Illinois law requiring unemployment insurance taxes for contractors takes effect

Illinois House Bill 3301 took effect on January 1, 2024, amending Illinois’ Unemployment Insurance Act to update the definition of a newly hired employee to include independent contractors. The updated definition requires employers to pay state unemployment insurance taxes for contractors.

Ballotpedia · Jan 22, 2024

Fellow Republicans, it’s time to admit that the US economy isn’t bad

Multiple indicators – from GDP growth to the unemployment rate (and even inflation) – point to a robust US economic engine

The Guardian - US · Jan 21, 2024

Congress seeks halt to recruitment in U.P. for jobs in Israel

The minority wing of Uttar Pradesh Congress Committee opposes the government's plan to send workers to Israel, citing unemployment and poverty.

The Hindu · Jan 20, 2024

DC launches enrollment drive for Yuva Nidhi in Mysuru

Enrollment drive for Yuva Nidhi scheme launched in Mysuru, providing unemployment allowance to degree and diploma holders.

The Hindu · Jan 12, 2024

South Dakota unemployment insurance tax cut takes effect

South Dakota House Bill 1011, which decreases the state unemployment tax rate for employers by 0.5%, took effect Jan. 1, 2024. The state estimates businesses will save about $18 million in taxes in 2024 under the new law.

Ballotpedia · Jan 11, 2024

U.S. Unemployment Claims Drop to Lowest Level in Months

Discover how the US labor market remains resilient, with jobless claims reaching a three-month low despite elevated interest rates and inflation concerns.

Top News · Jan 11, 2024

US applications for jobless benefits fall to lowest level in 3 months

The number of Americans applying for unemployment benefits inched down to its lowest level in three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates

The Independent UK · Jan 11, 2024

Congress slams PM Modi government on issue of unemployment

The Congress alleged that the country’s “jobs famine” has worsened in the last ten years of Modi government. Congress general secretary Jairam Ramesh said India’s youth deserve growth that delivers them good quality jobs not joblessness and ‘pakora’ shops.

The Hindu · Jan 11, 2024

ILO sees structural imbalances in global labour market

Global unemployment rate is set to increase in 2024 while growing social inequalities remain a concern, said the International Labour Organisation’s (ILO) World Employment and Social Outlook: Trends 2024 report released in Vienna on Thursday.

The Hindu · Jan 10, 2024

Global Unemployment Set To Worsen In 2024: UN

The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income.

International Business Times · Jan 10, 2024