The Latest Breaking News from Unemployment

Commentary: Think Big Tech’s thousands of layoffs indicate a coming recession? Think again

Amazon is laying off more than 18,000 workers. Salesforce is shedding 8,000, and Twitter has let go thousands more.

Los Angeles Times · Jan 17, 2023

North East is worst UK region for unemployment in new figures

The region's unemployment rate has stayed the same as last month but it has regained the unwanted title of the UK's joblessness blackspot

Chronicle Live · Jan 17, 2023

UK unemployment rises to 3.7%

There are now more people out of work as the cost of living crisis continues

Wales Online · Jan 17, 2023

These major banks see a "mild recession" coming in 2023

JPMorgan Chase, Bank of America and Citigroup are bracing for an economic downturn in 2023, including an uptick in unemployment, even as they continue to benefit from strong consumer spending and higher interest rates.

Axios · Jan 13, 2023

Hospitality businesses in Ipswich struggling to stay open due to lack of workers

Despite a busy festive period, Ipswich business are closing their doors, struggling to find staff to cope with demand.

ABC News · Jan 13, 2023

U.S. weekly unemployment insurance claims fall to 204,000

New applications for U.S. unemployment insurance benefits fell 19,000 for the week ending December 31 to a seasonally adjusted 204,000. The previous week’s figure was revised down from 225,000 to 223,000. The four-week moving average as of December 31 fell to 213,750 from a revised 220,500 as of the week…

Ballotpedia · Jan 10, 2023

Kentucky unemployment insurance indexing bill takes effect

An unemployment insurance indexing law in Kentucky took effect January 1, 2023, establishing a 12-week maximum benefit period during periods of low unemployment and a 24-week maximum benefit period during times of high unemployment. The Kentucky House and Senate both voted on March 21, 2022, to override Gov. Andy Beshear’s…

Ballotpedia · Jan 10, 2023

America might just do the impossible and avoid a recession, according to top economist Mark Zandi

Moody’s chief economist says a “soft landing” for the U.S. economy is in the cards. But BlackRock’s Rick Rieder warns, “Policymakers’ ability to stick this landing for the economy and markets is still very much up in the air.”

Fortune · Jan 9, 2023

US Adds 223K Jobs In December As Labor Market Pressures Fed To Keep Hiking Interest Rates

The SPDR S&P 500 ETF Trust traded higher Friday morning after the Labor Department reported low unemployment numbers above 3%.

Zenger · Jan 9, 2023

Tasmanian firey vacancies 'unforgivable'

The opposition has called for 28 Tasmania Fire Service job vacancies to be filled urgently, which the government blames on low unemployment rates.

AAP · Jan 9, 2023