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The Latest Breaking News from Unemployment

Weak July Jobs Report Signals Steep September Rate Cut: What the Experts Are Saying

A marked slowdown in hiring and rising unemployment means the Fed might have to make steep cuts to interest rates soon.

Unemployment Rate Rises To 4.3% In June

Unemployment Rate Rises To 4.3% In June

Recent rise in unemployment rate raises concerns about recession, but positive economic indicators offer hope.

Economic recession fears grow after bleak jobs report and unemployment spike

Economic recession fears grow after bleak jobs report and unemployment spike

The unemployment rate also saw a jump over the last month, now sitting at 4.3 percent

The Independent UK

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Dollar Retreats as Weak US Jobs Report Boosts Fed Rate Cut Odds

The dollar index (DXY00 ) today is down by -1.13% and tumbled to a 4-1/2 month low. The dollar sank today on the weaker-than-expected US Jul payroll report that showed the Jul payrolls rose less than expected and the Jul unemployment rate rose to a 2-3/4 year high. Also, wage...

US Unemployment Rate Jumps, Fed Expected To Cut Rates

US unemployment rate rise prompts expectations of a significant rate cut by the Federal Reserve in September.

Federal Reserve Likely To Cut Interest Rates In September

Learn about the likelihood of a Federal Reserve interest rate cut in September due to rising unemployment rates and a focus on supporting a stable labor ma...

US Extends Hiring Cooldown While Unemployment Highest Since 2021

The US jobs market cooled much more than expected in July with the unemployment rate reaching its highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.

International Business Times

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US Unemployment Rate Rises To 4.3% In July

US Unemployment Rate Rises To 4.3% In July

US unemployment rate rises to 4.3% in July, highest since October 2021, signaling a cooling trend in the labor market.

US Labor Market Cools Off, Raises Recession Concerns

US Labor Market Cools Off, Raises Recession Concerns

US labor market slowdown and rising unemployment rates raise concerns about economic growth and potential recession.

Jobs Report: Unemployment Jumps, Setting Up Big Fed Rate Cut; S&P 500 Dives

Jobs Report: Unemployment Jumps, Setting Up Big Fed Rate Cut; S&P 500 Dives

The July jobs report confirmed fears that the economy could be in for a sharp slowdown. Markets expect faster Fed rate cuts, but the S&P 500 fell.

Investors Business Daily

US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll

US added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll

U.S. hiring decelerated sharply last month in the face of high interest rates as employers added a weak 114,000 jobs

The Independent UK

July Jobs Report Expected To Show Modest Job Growth

July Jobs Report Expected To Show Modest Job Growth

Economists predict 175,000 job gains in July report with steady 4.1% unemployment rate. Fed unlikely to cut rates until September.

Dollar Ends Higher as Stocks Plunge

Dollar Ends Higher as Stocks Plunge

The dollar index (DXY00 ) Thursday rose by +0.29%. The dollar on Thursday recovered from a 3-week low and posted moderate gains on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Dollar Gains on Weakness in the Euro and British Pound

Dollar Gains on Weakness in the Euro and British Pound

The dollar index (DXY00 ) today is up by +0.13%. The dollar today recovered from a 3-week low and is moderately higher on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

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Unemployment Claims Rise, But Remain At Healthy Level

Learn about the recent increase in US unemployment claims and its implications on the economy.

The Independent UK

The number of Americans filing for jobless claims hits highest level in a year

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy

Stock Index Futures Climb as Focus Shifts to Fed, U.S. ADP Jobs Report and Meta Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.98%, and September Nasdaq 100 E-Mini futures (NQU24) are up +1.57% this morning as expectations mounted that Fed Chair Jerome Powell might signal a potential rate cut for September, while investors also awaited a fresh batch of U.S. economic data and an…

Youth-Led Protests Sweep Across Africa Against Corruption And Unemployment

Youth-led protests in Africa demand economic reforms, accountability for corruption, and governance improvements, sparking concerns of potential unrest spr...

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Today's Fed meeting is merely a warm up act for September according to Wall Street—but they shouldn't count their chickens just yet

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

Newcastle Herald

Do you run a business? time to check your tech ahead of 3G switch

Devices connected to 3G will generally stop functioning after August 31.

Wall Street is worrying about the ‘Sahm Rule,’ which predicts recessions—but its creator is not, yet

Claudia Sahm is cautioning against reading too much into her famous rule that suggests the U.S. is on the brink of a recession.

As Biden’s economy rolls ever on, the recession search continues

Commentators continue to look for a US recession. And the US economy under Joe Biden just keeps on keeping on.

Newcastle Herald

Unemployment figures paint a mixed picture for the Hunter

Business Hunter boss Bob Hawes breaks down the numbers.

FactCheck updates how the US has performed under Biden - Roll Call

From FactCheck.org: how the U.S. has fared under Joe Biden under a broad array of measurements, including economics and immigration.

Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk."

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