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The Latest Breaking News from Unemployment

Jobs bounce sees unemployment fall, keeps pressure on for April interest rate rise

A strong bounce in jobs last month will maintain pressure on the Reserve Bank to keep increasing official interest rates, despite global banking jitters.

ABC News

Recession or not, California’s economy should fare better than rest of the nation

Whether the economy slumps this year or not, California shouldn’t feel as much pain as the rest of the country.

Tribune News Service

Hot jobs data bolsters case for another rate hike

Fresh labour market data shows few signs of a slowing jobs market, with one vacant position for every unemployed worker.

AAP

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Egypt Lowers Its Economic Growth Forecast to 4.2% In 2022/23

Egypt’s economy is expected to grow 4.2 percent in the current fiscal year ending in June, the cabinet said on Tuesday, much less than previously forecast. Gross domestic product grew by 3.9 percent in October-December, the second quarter of the fiscal year, while the unemployment rate fell to 7.2 percent,…

Asharq Al-Awsat

Unemployment rate in Scotland falls to record low as businesses face recruitment challenge

SNP minister Richard Lochhead admitted certain industries were continuing to struggle to recruit staff.

Daily Record

Scotland’s unemployment rate at record low as employment minister calls for rethink of immigration policy

Figures 'reflect a period of increased economic activity'

Insider UK

The big debate of the 2024 campaigns: Who’s most incompetent?

This year’s partisan sniping in Congress has a broader purpose: To establish the idea in voters’ minds that the rival political party is inept.

Tribune News Service

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Unemployment rate in Scotland drops to record low

SCOTLAND has documented record low unemployment rates, according to the latest data from the Office of National Statistics (ONS).

The National (Scotland)

Unemployment rate in North East hits record low, new figures show

The North East's unemployment rate is still above the national average, but has seen the largest fall in the UK over the last year

Chronicle Live

California court says Uber, Lyft can treat state drivers as independent contractors

The ruling mostly upholds a voter-approved law that said drivers for ride-share companies are independent contractors and are not entitled to benefits like paid sick leave and unemployment insurance.

WEKU

Unemployment rate remains at 3.7% but job vacancies fall for eighth month in a row

Record number of people outside the job market due to long-term sickness

The Independent UK

UK jobs market sees signs of cooling as wages remain under pressure

The ONS said the rate of unemployment stood at 3.7% in the three months to January, unchanged from the previous three months.

The Independent UK

FTSE 100 Live: Meta cuts 10,000 jobs, US inflation at 6%, FTSE rebounds

Pressure on banks and other blue-chip stocks continued today following the collapse of Silicon Valley Bank.

Evening Standard

Unemployed in Chhattisgarh to receive Rs 2,500 per month as part of Congress government's election pledge

RAIPUR: Fulfilling its poll promise in the election year, the Congress government in Chhattisgarh has issued a notification to provide a monthly allowance of Rs 2,500 to the educated unemployed from April one this year.

The Times of India

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Fortune

A 3-step guide to filing for unemployment benefits if you’re laid off

The process can drag on for weeks, so getting started early is key.

Asharq Al-Awsat

Egypt Confirms Drop in Unemployment

Egypt announced that unemployment rates dropped to the lowest in nearly 19 years, citing several international institutions that projected further job growth in the coming years. The Cabinet Media Center published a report noting a positive change in the international view of the country's unemployment and employment levels. The World…

ABC News

Employing young people could ease worker shortages, but employers need to make it happen

With businesses crying out for more workers as Australia experiences near-record job vacancies, could an army of unemployed young people be the answer?

Liverpool Echo

'Our future was unemployment, so we marched': month hundreds left Liverpool for London

Tens of thousands saw them off at the Pier Head

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Fortune

Women in the workforce have rebounded

Women's labor force participation rate continues to climb, but they're also seeing an uptick in unemployment—especially for Black women and Latinas.

The Independent UK

5 key takeaways from the February US jobs report

The American job market has once again confounded expectations

WEKU

The job market slowed last month, but it's still too hot to ease inflation fears

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

Axios

U.S. economy adds 311,000 jobs in February

The unemployment rate edged up to 3.6% from 3.4% — still historically low.

The Independent UK

Applications for US jobless aid rise by most in 5 months

The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve’s interest rate hikes

Ballotpedia

Arizona State Senate passes unemployment insurance indexing bill

The Arizona State Senate on March 2 passed a bill 16-14 that would index the length of unemployment insurance benefits to the state’s unemployment rate. During times when the unemployment rate is at or below 5%, unemployed workers could collect a maximum of 12 weeks of benefits under the bill.…

Los Angeles Times

Woman serving life in prison for murder admits role in $2 million unemployment scam

LOS ANGELES — A woman serving life in prison for murder admitted Wednesday that she played a leading role in a scam by inmates and others to use stolen identities to secure state unemployment benefits during the coronavirus pandemic.

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