The Latest Breaking News from Unemployment

Morocco’s High Commission for Planning (HCP) carried out the Permanent Household Status Survey that revealed the household confidence index for Q2 2022 continued its downward trend, hitting an all-time low. The household confidence index (ICM), which includes components related to the households’ perception of the standards of living status, unemployment,…

The U.S. economy added more jobs than expected in June, signaling the labor market remains strong even as the Federal Reserve tries to weaken it to tame inflation. The July 8, 2022, jobs report also showed the unemployment rate remained at a 70-year low of 3.6%.

U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.

Applications for U.S. unemployment insurance last week rose slightly to a level last seen in January, suggesting that labor-market conditions are moderating.

More Americans applied for unemployment benefits last week, and while layoffs remain low, it’s the fifth straight week claims have topped the 230,000 mark

Uncertainty about Covid, high unemployment rates, and shifting workforce expectations challenge China’s youth in 2022.

New applications for U.S. unemployment insurance benefits fell 2,000 for the week ending June 25 to a seasonally adjusted 231,000. The previous week’s figure was revised up from 229,000 to 233,000. The four-week moving average as of June 25 rose to 231,750 from a revised 224,500 as of the week…

The U.S. economy contracted by 1.6% in the first quarter of this year, setting the stage for a recession if economic output declines again in the second quarter, said economist Anil K. Puri, director of the Woods Center at Cal State Fullerton.

We have record-low unemployment numbers but more people receiving the Jobseeker Work-Ready Benefit than there were before Covid – why? By Eric Crampton