The Latest Breaking News from Unemployment

More people are joining terrorist groups in Africa, which draws questions on its reasons, said a new report by the UN's international development agency. The report underscored the importance of economic factors as drivers of recruitment. Meanwhile, experts expected recruitment to increase as the African governments and international powers fail…

We had all better hope the coming slowdown doesn’t happen before the full effect of rate rises is felt

Treasury Secretary Janet Yellen also downplayed the risk of the U.S. economy contracting: “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years.”

The daily headlines from South Africa are largely gloomy. The country’s government seems unable to address a years-long electricity crisis that is steadily worsening. Unemployment is high. Food prices are climbing.

Unemployment among Black Americans fell to 3.4% in January, while labor force participation hit pre-pandemic levels

With a total of 517,000 new jobs created last month and total employment estimates revised up, the country now has the lowest unemployment rate in more than half a century.

Does the Federal Reserve have it wrong

The U.S. labor market burned red-hot in January as hiring unexpectedly surged and unemployment fell to a 53-year low, defying recession forecasts and adding pressure on the Federal Reserve to keep raising interest rates.

January’s gains were broad-based across industries. A category that includes restaurants and bars added 99,000 jobs. Professional and business services jobs, including bookkeepers and consultants, rose by 82,000.