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The Latest Breaking News from Unemployment

Kansas governor announces start of unemployment insurance modernization effort

Kansas Gov. Laura Kelly (D) announced June 2 that the Kansas Department of Labor (KDL) has started what it describes as its effort to modernize the state’s unemployment insurance system. Kelly said the project will take 26 months and cost roughly $48 million.

Ballotpedia

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

New applications for U.S. unemployment insurance benefits fell 11,000 for the week ending May 28 to a seasonally adjusted 200,000. The previous week’s figure was revised up from 210,000 to 211,000. The four-week moving average as of May 28 fell to 206,500 from a revised 207,000 as of the week…

Ballotpedia

Growth in US jobs continued in May, continuing a 17-month streak of gains

Unemployment rate holds at 3.6% for third month but rate for Black Americans is nearly twice that of white people

The Guardian - US

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The job market stays red-hot with the unemployment rate near a pre-pandemic low

U.S. employers added 390,000 jobs in May as the labor market stays hot. The unemployment rate held steady at 3.6%.

WEKU

‘A certain stigma’: Spain’s hospitality sector hit by waiter shortage

Despite huge national unemployment, restaurants owners are struggling to fill vacancies. Why?

The Guardian - UK

Economic Data Scheduled For Friday

US jobs report for May is scheduled for release at 8:30 a.m. ET. A 325,000 increase is expected for nonfarm payroll growth in May compared with 428,000 April. Analysts expect unemployment rate declining to 3.5% in May from 3.6% in April. US Services Purchasing Managers' Index for May will be released…

Benzinga

Doubts linger over job situation

The government's planning unit, the National Economic and Social Development Council (NESDC), reported on May 23 Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment in both the agricultural and non-agricultural sectors, as the economy gradually recovers.

Bangkok Post

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Shanghai enters post-lockdown life, but China's COVID-zero policy will haunt the younger generation

From unemployment to lockdowns, China's young people are facing intense challenges, and the pressure is on Xi Jinping to fix the situation before the birth rate plummets any further.

ABC News

South Africa's economy has taken some heavy body blows: can it recover?

Economists are growing increasingly concerned about South Africa’s economy. This is because the country’s three major macroeconomic problems – lacklustre economic growth, growing inflation and very high unemployment – have been exacerbated by a series of major disruptions.

The Conversation

Fewer Americans apply for unemployment benefits last week

Fewer Americans applied for jobless aid last week and the number of Americans collecting unemployment remain at historically low levels

The Independent UK

US job openings decline from record while remaining elevated

U.S. job openings fell in April from a record in the prior month though remained elevated at roughly double the number of unemployed Americans, suggesting little relief for employers struggling to attract and retain workers.

Tribune News Service

Zimbabwe's 2023 elections: how to judge candidates' social protection promises

Zimbabwe is heading for general polls in 2023 amid an ongoing macroeconomic crisis. In the decade starting from 2001, the state-led economy started to show signs of strain. Unemployment reached 85%. Inflation, which was a staggering 79,000,000% in 2008, came down but has been rising in the past two years.…

The Conversation

China Youth Unemployment Crisis Leaves Tens of Millions Jobless

Covid lockdowns and the government campaign to rein in private tutoring and tech companies have made positions even harder to come by.

Businessweek

Biden’s Pride month proclamation condemns ‘unconscionable attacks’ from anti-LGBT+ legislation

US president urges nation to address high rates of youth suicides and disproportionate levels of poverty, unemployment and homelessness among LGBT+ Americans

The Independent UK

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The Conversation

Wages: why are they not keeping up with inflation?

There has been a huge amount of concern about rising inflation in recent months, and it’s made worse by the fact that wage inflation has not been keeping up. A few workers in high-paid jobs have enjoyed higher bonuses and inflation-busting pay rises – it has just been reported that…

The Hindu

U.P. Assembly: Samajwadi Party MLAs walkout over issue of unemployment

"Our Ministry has nothing to do with the number of government jobs provided in past years," said U.P. Labour Minister Anil Rajbhar

The Independent UK

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

Stagflation

Tribune News Service

US jobless claims fall more than forecast in tight labor market

Applications for U.S. unemployment insurance declined last week by more than forecast, underscoring a persistently tight labor market.

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news in one place.

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The Hindu

Eight years of Narendra Modi government marked by eight deceits, says Congress

Acche din only for a select group: Congress

The Independent UK

Fewer Americans apply for jobless benefits last week

Fewer Americans applied for jobless aid last week as the number of Americans collecting unemployment benefits remains near five-decade lows

Tribune News Service

Fragile job gains for Black workers at stake in inflation fight

For Black Americans, job prospects have improved since 2020. That’s the good news.

Irish Mirror

Irish pubs bosses plan recruitment drive in Spain, Italy and Greece to get bar staff to pull pints in Ireland

These European countries are being targeted by the hospitality industry due to their high youth unemployment rates

Bangkok Post

Reopening raising incomes, providing jobs in Phuket

PHUKET: The return of tourists is reviving the local economy, generating income and reducing unemployment on the island province, according to local authorities.

Ballotpedia

U.S. weekly unemployment insurance claims rise to 218,000

New applications for U.S. unemployment insurance benefits rose 21,000 for the week ending May 14 to a seasonally adjusted 218,000. The previous week’s figure was revised down from 203,000 to 197,000. The four-week moving average as of May 14 rose to 199,500 from a revised 191,250 as of the week…

Ballotpedia

Oklahoma governor signs unemployment insurance indexing bill

Oklahoma Gov. Kevin Stitt (R) signed House Bill 1933 into law on May 20, which will cut the maximum length of unemployment insurance benefits from 26 weeks to 16 weeks starting Jan. 1, 2023. The law will index unemployment insurance benefits starting Jan. 1, 2025, tying the length of benefits…

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