The Latest Breaking News from Unemployment

New applications for U.S. unemployment insurance benefits rose 3,000 for the week ending October 22 to a seasonally adjusted 217,000. The previous week’s figure was unrevised at 214,000. The four-week moving average as of October 22 rose to 219,000 from an unrevised 212,250 as of the week ending October 15.

The US economy added 261,000 jobs in October, while the unemployment rate increased to 3.7% during the month. Investors, meanwhile, focused on some notable insider trades.

A low rental vacancy rate doesn’t mean a lack of housing, just as the jobless rate doesn’t indicate a shortage of human beings

WASHINGTON: US businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.

Labor force participation remains below pre-Covid-19 levels

Final jobs report before midterms shows jobless rate at 3.7%, a day after Federal Reserve announced further interest rate hike

The Reserve Bank expects a couple of tough years for Australians, with real wages continuing to fall as inflation persists, economic growth slows and unemployment starts to rise.

The odds of a U.S. recession are rising. And the chances it will be mild are falling.

Applications for US unemployment insurance last week fell slightly, hovering around historically low levels as the labor market holds strong despite a weakening economy.