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The Latest Breaking News from Unemployment

U.S. weekly unemployment insurance claims fall to 222,000

New applications for U.S. unemployment insurance benefits fell 4,000 for the week ending November 12 to a seasonally adjusted 222,000. The previous week’s figure was revised up from 225,000 to 226,000. The four-week moving average as of November 12 rose to 221,000 from a revised 219,000 as of the week…

Ballotpedia

‘I was desperate’: Young job seekers scammed, abused in Nigeria

Predators and fraudsters are exploiting vulnerable unemployed Nigerians, and the costs are sometimes deadly.

Al Jazeera

Diamond diggers in South Africa's deserted mines break the law — and risk their lives

Photos show the desperate search for scraps left by big diamond operators. But amid rampant poverty and unemployment, zama-zamas see no other way to provide for their families.

WEKU

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German parliament passes welfare reform to boost benefits and training

Germany's lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of next year and provide new help to train people who are out of work.

Reuters

Factbox-Germany's welfare reform plan

German lawmakers have agreed a welfare reform to raise unemployment benefit payments and help train people who are out of work, with a view to addressing a skills shortage in Europe's largest economy.

Reuters

German lawmakers agree welfare reform to boost benefits, training

German lawmakers have agreed a welfare reform to raise unemployment benefits and help train people who are out of work, with a view to addressing a skills shortage in Europe's largest economy.

Reuters

Unemployment claims rise to 240,000, highest since August

The number of Americans applying for unemployment benefits rose the highest level since August but still remained low by historic standards

The Independent UK

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France curbs unemployment benefits in bid to fill job vacancies

France is clamping down on unemployment payments, with the government on Monday announcing new rules that it’s hoped will return up to 150,000 people to the workforce early next year.

Radio France Internationale

Government debt won't necessarily burden future generations – but austerity will

In his autumn budget statement, Chancellor Jeremy Hunt said that the Conservatives don’t leave debts for the next generation. As such, he vowed to halve government borrowing over the next five years.

The Conversation

Nepal votes to elect new government to revive economy

Over 60 percent of Nepal’s eligible voters cast their ballots at the polls amid high inflation and unemployment.

Al Jazeera

Women are struggling to regain lost ground in the workforce after COVID-19

The COVID-19 pandemic has exacerbated social and economic inequalities between men and women in Canada.

The Conversation

U.S. weekly unemployment insurance claims rise to 225,000

New applications for U.S. unemployment insurance benefits rose 7,000 for the week ending November 5 to a seasonally adjusted 225,000. The previous week’s figure was revised up from 217,000 to 218,000. The four-week moving average as of November 5 fell to 218,750 from a revised 219,000 as of the week…

Ballotpedia

Jeremy Hunt's autumn statement is a poisoned chalice for whoever wins the next election

UK Chancellor Jeremy Hunt has produced a highly political autumn statement that throws forward major cuts in public spending to after the next general election. The accompanying economic forecast by the government’s Office for Budget Responsibility (OBR) confirms that the country is facing a recession, with unemployment rising, inflation still…

The Conversation

Voice of the Mirror: '12 years of dismal Tory rule has left the country in dire straits'

Over a decade of Conservative rule has led the country to recession, rocketing unemployment and the biggest fall in living standards since records began

Daily Mirror

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Tribune News Service

US jobless claims retreat slightly, hovering near historic lows

Applications for U.S. unemployment insurance unexpectedly fell slightly last week and remained near historic lows, showcasing the strength of the labor market as other parts of the economy cool.

Birmingham Post

Welsh business leaders and political parties have their say on Autumn Statement

The OBR concluded the UK is now in recession and was facing an increase in unemployment

The Independent UK

Fewer Americans file for jobless benefits last week

The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor market

Fortune

U.S. policymakers have one last chance to avoid a recession: Find the 1.5 million women who vanished from our workforce

Some 1.5 million women have vanished from the labor force since Feb. 2020. That bothers gender economist Katica Roy–and not for reasons of fairness.

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Wales Online

Jeremy Hunt says UK is in recession and 500,000 will lose their jobs

Mr Hunt said unemployment is expected to rise from 3.5% today to 4.9% by 2024

The Guardian - UK

The Guardian view on mass unemployment: inflation will drop without this pain

Editorial: Policymakers are wrong to think rising joblessness and a recession are a price worth paying

Birmingham Post

North East unemployment reaches record low but concerns over inactivity

The annual report from the North East LEP has been released alongside national figures on unemployment

Insider UK

Unemployment in Scotland rises slightly

Scottish employment minister calls on UK Government to use its powers to help stimulate the economy

The Guardian - UK

UK labour market is changing as inflation squeezes real pay

Workforce has shrunk amid rising long-term sickness and it appears unemployment is growing again

The Guardian - UK

UK strike levels soar as public sector workers face worst pay squeeze

Wage growth continues to lag behind rising inflation as unemployment rate rises slightly

Evening Standard

Unemployment rate edges higher in sign of cooling jobs market

The rate of unemployment stood at 3.6% in the three months to September, up from 3.5% in the previous three months, the ONS said.

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