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The Latest Breaking News from Unemployment

Unemployment rises in North East and remains highest in the UK

The rise in regional unemployment brings an end to four consecutive falls in the number of people out of work

Chronicle Live

10 lakh persons to get government jobs in 18 months, announces PM Modi

Unemployment has emerged as one of the major challenges before the Modi government after two years of the pandemic and its attendant economic woes

The Hindu

Average UK wages fall at fastest rate for more than two decades

Inflation and soaring energy bills cause squeeze on living standards, as unemployment rises slightly

The Guardian - UK

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Pound slides against dollar and euro; falling real wages mean ‘year of pain’ – as it happened

Sterling is hit by fears over slowing economy, tensions over Northern Ireland protocol, and push for new Scottish referendum

The Guardian - UK

Real wages plunge at record rate as cost-of-living crisis takes hold

Bankers toast huge bonuses and average pay rise of 10.6 per cent as nurses and teachers see value of earnings fall sharply

The Independent UK

Oregon Employment Department announces increased unemployment insurance benefit minimums and maximums

The Oregon Employment Department (OED) announced the minimum and maximum unemployment insurance benefit amounts would increase about 7% for regular claims filed on or after July 3, 2022. The minimum amount will increase from $171 to $183 per week, and the maximum amount will increase from $733 to $783 per…

Ballotpedia

U.S. weekly unemployment insurance claims fall to 200,000

New applications for U.S. unemployment insurance benefits rose 27,000 for the week ending June 4 to a seasonally adjusted 229,000. The previous week’s figure was revised up from 200,000 to 202,000. The four-week moving average as of June 4 rose to 215,000 from a revised 207,000 as of the week…

Ballotpedia

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What is a recession and what would it mean for you

There are fears the UK is heading into a serious economic downturn

Wales Online

Inflation hits fresh 40-year high, pushing Fed to get more aggressive with interest rates – and the 'Beveridge curve' should give it courage to do so

Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate increases to slow it down. While there’s concern it could cause unemployment to spike, a little-known economics indicator suggests the Fed can do so without…

The Conversation

What is Centrelink's new employment services program, Workforce Australia? How will it affect jobseekers?

Jobactive — the Australian government's main employment services program — has been replaced by a new service called Workforce Australia Employment Services Provider. Here's how the change will affect your job search.

ABC News

KTR pens open letter to PM on unemployment issue

TRS leader blames Centre’s policies for PSUs’ sale, job loss

The Hindu

US jobless claims rise by most since July during holiday week

Applications for US state unemployment insurance rose by the most in nearly a year during the week that included the Memorial Day holiday.

Tribune News Service

More Americans apply for jobless benefits last week

More Americans applied for jobless aid last week but the total number of Americans collecting unemployment remains at a five-decade low

The Independent UK

Fear and confusion from jobseekers as 'dramatic' changes to Centrelink mutual obligations loom

Major changes to employment services begin in under a month – but many of the 800,000 jobseekers who’ll be affected are still unclear on exactly how.

ABC News

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Reason

Biden Says the Deficit Is Falling. Actually, It's Rising.

Under Biden, Trump, and Obama, government federal spending almost doubled.

Reason

Watchdog Report: At Least 20 Percent of Federal Pandemic Unemployment Dollars Wasted

A new report from the Government Accountability Office found that nearly $80 billion was paid out to ineligible beneficiaries or outright fraudsters.

The Independent UK

Worry about stagflation, a flashback to '70s, begins to grow

Stagflation

Tribune News Service

UAW flexes muscle with strike pay hike ahead of Detroit Three talks next year

The United Auto Workers on Tuesday increased its weekly strike allowance for members to $400 per week from $275, a signal of strength ahead of the union next year approaching the bargaining table with the Detroit Three automakers, according to experts.

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Tribune News Service

Best time to find a job in California? Experts say this industry is struggling to hire

It’s the best time in 50 years to look for a job in California.

The Hindu

Uttam asks KCR to declare the deadline to fill 91,142 identified vacancies

‘Give unemployment allowance to all applicants’

The Hindu

Andhra Pradesh: TDP’s youth wing stages protest seeking job calendar

‘Youth disillusioned over rising unemployment’

Bangkok Post

May Jobs Report Keeps Fed on Track for Half-Point Rate Rises

The strong employment figures released Friday keep the Federal Reserve firmly on track to raise interest rates by a half-percentage point at its meeting in two weeks and again in late July to cool high inflation.

The Guardian - UK

UK government’s £2.9bn job search scheme has put only 7% of participants in work to date

Intensive ‘Restart’ programme is also struggling to find enough participants to meet predicted caseload

The Independent UK

Biden's challenge: Inflation overshadows robust job gains

President Joe Biden came before the television cameras Friday to celebrate yet another month of healthy job growth and low unemployment and the fastest pace of hiring in four decades under his watch

Ballotpedia

Colorado governor signs law to direct federal funds to repay unemployment insurance debt

Colorado Gov. Jared Polis (D) on May 25 signed SB22-234, which will direct $600 million of federal American Rescue Plan Act (ARPA) funds to help pay back the state’s $1 billion unemployment insurance trust fund debt to the federal government.

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