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The Latest Breaking News from Unemployment

Graduates struggling to find work

The National Statistical Office (NSO) expressed concern on Wednesday over the high rate of unemployment among new graduates -- now representing the biggest portion of the nation's jobless, according to a survey.

Bangkok Post · Jan 4, 2024

Dollar Gains as FOMC Minutes Signal No Imminent Fed Rate Cut

The dollar index (DXY00 ) on Wednesday rose by +0.27% and posted a 2-1/2 week high. Weakness in stocks on Wednesday boosted the liquidity demand for the dollar. The dollar also found support from the minutes of the Dec 12-13 FOMC meeting that said policymakers agreed it would be appropriate...

Barchart · Jan 3, 2024

Stocks Extend Tuesday’s Losses as Bond Yields Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.68%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. Stocks this morning are lower, with the S&P 500...

Barchart · Jan 3, 2024

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Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The Guardian - AU · Jan 3, 2024

S&P Futures Tick Lower Ahead of FOMC Meeting Minutes and U.S. JOLTs Report

March S&P 500 E-Mini futures (ESH24) are trending down -0.31% this morning as investors looked ahead to the latest reading on U.S. job openings as well as the release of the Federal Reserve’s December policy meeting minutes.

Barchart · Jan 3, 2024

S&P Futures Slip Ahead of FOMC Meeting Minutes and U.S. JOLTs Report

March S&P 500 E-Mini futures (ESH24) are trending down -0.34% this morning as investors looked ahead to the latest reading on U.S. job openings as well as the release of the Federal Reserve’s December policy meeting minutes.

Barchart · Jan 3, 2024

Brickbat: Union Dues

A new Illinois law makes it illegal to interfere with, obstruct, or impede a picket line, demonstration, or protest. It isn't clear if this can be used against counter protesters. Another new state law says that independent contractors count as "newly hired employees" under the Unemployment Insurance Act. And another…

Reason · Jan 2, 2024

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Year in Review | How India’s economic indicators fared in 2023

2023 saw India's GDP grow at a higher-than-expected rate, with inflation & unemployment rates varying, and repo rate remaining unchanged.

The Hindu · Jan 1, 2024

Lessons on the economy from 2023 and forecasts for 2024

City Voices: Why 2024 will be better than 2023

Evening Standard · Dec 31, 2023

Hafta letters: Government jobs, elders and respect, unemployment

Hi NL, love your work.

Newslaundry · Dec 30, 2023

Economy's Resilience Shocks Experts, Misery Index Hits Record Low

Discover why voters perceive the economy differently despite its strong performance. Explore factors such as political polarization, inflation, and future ...

Five charts explaining the UK’s economic prospects in 2024

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

The Guardian - UK · Dec 29, 2023

What Could Trigger The First Interest Rate Cut In 2024 — Clues From Greenspan's Fed

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

International Business Times · Dec 29, 2023

China cracks down on negativity over economy in bid to boost confidence

Record high youth unemployment and struggling property sector are among increasingly sensitive topics

The Guardian - UK · Dec 29, 2023

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Gas prices plummet, expected to save Americans billions!

Unemployment claims rise, but gas prices fall! Americans set to save billions at the pump. A surprising turn of events in an election year. Drill baby, dri...

Jobless Claims Rise Slightly, Labor Market Remains Steadfast

Unemployment claims in the US ticked up, but the labor market remains strong. Don't panic, as jobless benefits still hover at a low level.

The Independent UK · Dec 28, 2023

US applications for jobless benefits rise but labor market remains solid

More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy

The Hindu · Dec 27, 2023

‘High rate of unemployment among educated youth remains cause of concern’

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The Hindu · Dec 26, 2023

Are graduates facing unemployment?

Youth unemployment is a structural feature of the Indian economy, with high rates of unemployment amongst educated job-seekers. This analysis looks at the data.

The Hindu · Dec 26, 2023

Karnataka CM launches registration for ‘Yuva Nidhi’ in Bengaluru

Karnataka Chief Minister Siddaramaiah on December 26 launched the registration of the fifth and last poll guarantee ‘Yuva Nidhi’ in Bengaluru offering unemployment assistance to graduates and diploma holders.

The Hindu · Dec 25, 2023

Investments of ₹1.25 lakh crore fell through due to hostile environment, alleges TDP MP

TDP MP Ravindra Kumar alleges rampant corruption & hostile business environment drove away industries from A.P., leading to 24% unemployment among graduates & thousands of youth taking their lives.

Barchart · Dec 24, 2023

Unemployment, PMI and Other Can't Miss Items This Week

Last week the market finished green again with the S&P 500 finishing up almost 1%. This makes it the 8th consecutive week with the SPY finishing higher than it opened.

The Hindu · Dec 24, 2023

Unemployment the most burning issue in the country: Kharge

Unemployment is the most burning issue in the country, Congress president Mallikarjun Kharge said

The Hindu · Dec 23, 2023

Economy growing but wealth not getting distributed, says Rahul Gandhi

Rahul Gandhi shares his advice to students on connecting with people, listening deeply and being kind to themselves, while discussing India's economic growth and unemployment, wealth concentration & civil war in Manipur.

Ballotpedia · Dec 22, 2023

Weekly unemployment insurance claims rise to 205,000

New applications for U.S. unemployment insurance benefits rose 2,000 for the week ending December 16 to a seasonally adjusted 205,000. The previous week’s figure was revised up by 1,000 to 202,000. The four-week moving average as of December 16 fell 1,500 from the previous week’s revised average to 213,500.

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