Bank of England may hike interest rates after record increase in wages Regular pay grows by 7.8 per cent in three months – sparking ‘migraine’ for central bank The Independent UK · Aug 15, 2023
FTSE 100 Live: ‘Little doubt interest rates rise again’ after record pay growth, unemployment up to 4.2% The UK unemployment rate rose to 4.2% in June, it was revealed today, despite expectations that it would remain at 4%. Evening Standard · Aug 15, 2023
U.S. weekly unemployment insurance claims rise to 248,000 New applications for U.S. unemployment insurance benefits rose 21,000 for the week ending August 5 to a seasonally adjusted 248,000. The previous week’s figure was unrevised. The four-week moving average as of August 5 rose 2,750 from the previous week’s unrevised average to 231,000. Ballotpedia · Aug 14, 2023
South Africa's unemployment is a 'ticking time bomb.' Anger rises with millions jobless South Africa's official unemployment rate of 33% is the highest in the world, outstripping those of Gaza and the West Bank, Djibouti and Kosovo The Independent UK · Aug 14, 2023
We can and should keep unemployment below 4%, says our survey of top economists Australia’s leading economists believe Australia can sustain an unemployment rate as low as 3.75% – much lower than the latest Reserve Bank estimate of 4.25% and the Treasury’s latest estimate of 4.5%. The Conversation · Aug 13, 2023
London is a beacon for talent, so why is our unemployment rate higher than the national average? City Voices: The capital’s skills system needs drastic change to get Londoners into good jobs Evening Standard · Aug 11, 2023
London business groups team up to deliver plan for ‘higher-paying jobs’ Unemployment in London has consistently been higher than the UK average, despite the capital being the main driver of the UK economy Evening Standard · Aug 11, 2023
How to use government data The US government generates data on everything from unemployment rates to the status of endangered marine mammals. Here’s why that’s important. USAFacts · Aug 10, 2023
Early retirees: should they get on their bikes? Although for decades he was greeted by cries of “on your bike” wherever he went, Norman Tebbit never told anyone to get on a bike, said John Elledge in The New Statesman. He merely recalled, at the Tory conference in 1981, that during the Depression, his father had pedalled around… The Week · Aug 10, 2023
China’s economy is struggling but fears of sustained deflation are premature Trade with rest of world is shrinking and youth unemployment is at 20% but state interventions are expected The Guardian - UK · Aug 9, 2023
Wisconsin governor vetoes unemployment insurance changes Wisconsin Gov. Tony Evers (D) on August 4 vetoed five bills related to unemployment insurance. The bills in the package included the following proposals: Ballotpedia · Aug 9, 2023
China’s record high 21% youth unemployment could actually be as high as 46.5%. Blame fake jobs and 16 million workers ‘lying flat’ In an attempt to fix misleading unemployment data, China is cracking down on universities that fudge employment numbers for their graduates. Fortune · Aug 8, 2023
Adityanath hails U.P. recruitment process in Assembly, counters Akhilesh CM Adityanath and Opposition Leader Yadav locked in war of words over education, employment. Adityanath highlighted success of BJP rule in conducting cheating-free exams, reducing unemployment rate from 19% to 3-4%. Khanna tabled report of 1983 Moradabad riots, absolving State Police from any blame. The Hindu · Aug 8, 2023
Highlights Of Dimple Yadav's Speech In Lok Sabha: Attacks Modi Govt on Manipur horror, women issues, unemployment, inflation Mainpuri MP Dimple Yadav was speaking during the discussion on the no-confidence motion in the Lok Sabha. Must read further on Dynamite news: Dynamite News · Aug 8, 2023
Zenger · Aug 7, 2023 Global Markets Today While US Was Sleeping On Friday, August 4, the U.S. markets ended lower as investors assessed the latest batch of jobs data
The Hindu · Aug 6, 2023 Bhatti urges government not to resume assigned lands for any reason CLP Leader M. Bhatti Vikramarka requested State govt not to resume assigned lands for public/community purpose. 8-10K acres given to multi-nationals & Pharma City. High unemployment & denial of RoFR pattas to tribal families. CM announced ₹5K honorarium to 7K imams & mauzams. BJP suggested writing off ₹10K cr interest…
Chicago Sun-Times · Aug 5, 2023 State mismanagement let unemployment insurance fraud run rampant The recent report by the state’s auditor general makes it clear that the Illinois Department of Employment Security was negligent and incompetent in performing its duties.
WEKU · Aug 4, 2023 The case for a soft landing in the economy just got another boost U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.
Kiplinger · Aug 4, 2023 Jobs Report Shows Pace of Hiring Slowed in July: What the Experts Are Saying A mixed jobs report should keep the Fed on track to leave interest rates unchanged at its next meeting, experts say.
The Conversation · Aug 4, 2023 UK interest rates: crashing the economy is no way to bring down inflation The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…
WEKU · Aug 4, 2023 The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.
Zenger · Aug 3, 2023 Labor Market Shows Resilience As Unemployment Claims Align With Expectations US Jobless Claims Slightly Rise to 227,000, Matching Economist Predictions
The Independent UK · Aug 3, 2023 Weekly applications for US jobless aid tick up from 5-month low The number of Americans seeking unemployment benefits rose slightly last week but remained at a historically low level that points to a robust job market
Zenger · Aug 3, 2023 Mixed Jobs Report Signals Uncertainty In US Economy Unemployment rate drops, but job additions fall short of expectations, impacting Fed's interest rate decisions.
The Hindu · Aug 3, 2023 Data | The contours of India’s ‘formal jobs’ crisis The Indian government has been using the Employees Provident Fund (EPF) scheme’s data as a measure of payroll employment and formal job creation since 2017. The monthly data released from this initiative has generally shown an increase in the number of contributors, which is portrayed as evidence of employment creation…