The Latest Breaking News from Unemployment

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

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

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

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…

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.

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.

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.

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

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.

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.…

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