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The Latest Breaking News from Unemployment

US jobless claims unexpectedly decline for a second week

Applications for U.S. unemployment benefits unexpectedly eased for a second week, underscoring a still-tight job market in which employers are reluctant to reduce headcount.

Tribune News Service

US jobless claims inch down as labor market remains tight

The labor market continues to defy the Federal Reserve’s attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at healthy, historically low levels

The Independent UK

U.S. weekly unemployment insurance claims fall to 192,000

New applications for U.S. unemployment insurance benefits fell 20,000 for the week ending March 11 to a seasonally adjusted 192,000. The previous week’s figure was revised up from 211,000 to 212,000. The four-week moving average as of March 11 fell to 196,500 from a revised 197,250 as of the week…

Ballotpedia

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Arkansas enacts law reducing length of unemployment insurance benefits

A new Arkansas law effective March 6, 2023, will limit the maximum length of unemployment insurance benefits from 16 weeks to 12 weeks starting Jan. 1, 2024. The bill passed with veto-proof majorities in both chambers (29-3 in the Senate and 79-15 in the House).

Ballotpedia

NI Census 2021 results: Unemployment figures show 'status quo is not delivering' says SDLP leader

Both Sinn Fein and SDLP highlight Derry and Strabane unemployment rate

Belfast Live

Why does Texas labor market just keeps surging in 2023?

The hiring spree just keeps on going.

Tribune News Service

US jobless claims drop by most since July, led by New York

Applications for U.S. unemployment benefits fell last week by the most since July, unwinding most of the prior week’s jump as claims in New York plunged.

Tribune News Service

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Unemployment rate back down to 3.5%. It's anyone's guess when things will turn

The latest labour force data from the Australian Bureau of Statistics shows employment in February increasing by 64,600, and the (seasonally adjusted) unemployment rate declining from 3.7% to 3.5%.

The Conversation

Watch: Unemployment falls, Albanese responds, Gas shortfall

Watch: Australia's seasonally-adjusted unemployment rate has decreased to 3.5 per cent. Prime Minister Anthony Albanese has rejected Paul Keating's

The New Daily

Unemployment rate in Australia falls back to 3.5% despite interest rate rises

Economy adds almost 64,000 jobs, a figure that will be closely examined by the RBA as it decides whether to pause further interest rate increases

The Guardian - AU

Unemployment rate falls back to 3.5 per cent

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.

The New Daily

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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Asharq Al-Awsat

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,…

Daily Record

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.

Insider UK

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

Figures 'reflect a period of increased economic activity'

Tribune News Service

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.

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The National (Scotland)

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).

Chronicle Live

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

WEKU

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.

The Independent UK

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.

Evening Standard

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.

The Times of India

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.

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