The Latest Breaking News from Unemployment

Saudi Arabia’s labor market indicators showed a decrease in the unemployment rate by 1.4 percentage points in the third quarter of 2022, compared to the same period in 2021. The rate of participation of citizens in the labor force increased by 2.7 percentage points, and the ratio of the employed…

Applications for U.S. unemployment benefits rose last week, but remained near historic lows, underscoring the enduring resilience of the labor market despite the Federal Reserve’s aggressive efforts to cool demand.

Federal Reserve Board Chair Jerome H. Powell snatched the cookie jar out of the stock market's hands on Dec. 14, when he followed up an announcement of a dovish half-point interest rate increase with a warning that the Fed didn't think it had wrung enough inflation out of the economy…

There were 760 less people looking for work compared to during 2021

New applications for U.S. unemployment insurance benefits fell 20,000 for the week ending December 10 to a seasonally adjusted 211,000. The previous week’s figure was revised up from 230,000 to 231,000. The four-week moving average as of December 10 fell to 227,250 from a revised 230,250 as of the week…

Soaring inflation and aggressive central bank hikes were the theme of 2022, but will they continue with gusto in 2023? Here's what the experts think.

At the start of 2022, Nigerians hoped that, with less than two years to the end of President Muhammadu Buhari’s administration, the government would ramp up its efforts to reduce poverty and unemployment.

Federal Reserve Chair Jerome Powell has a new North Star to guide his fight against inflation, and it will put American paychecks at the heart of monetary policy next year.

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.