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The Latest Breaking News from Unemployment

Unemployment falls but wages drop at fastest rate since 2001

The number of people in employment remains below pre-pandemic levels

Wales Online

Labour shortage threatens Australia’s post-pandemic resurgence

Unemployment has hit a near 50-year low but companies are struggling to find workers

Financial Times

As Australian job vacancies double, which sectors are facing the biggest labour shortages?

With almost full employment, nearly everyone willing and able to work is in a position already. So which industries are feeling the squeeze, and why?

The Guardian - AU

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Charles Darwin University returns to north-east Arnhem Land to deliver courses on country

University courses have returned to a far-flung corner of the Northern Territory, in a bid to try and turn around high unemployment rates, and skill people up in remote communities.

ABC News

Muslims’ high unemployment rate ‘not due to cultural and religious practices’

Study challenges idea poor outcomes are due to Muslims’ so-called ‘sociocultural attitudes’

The Guardian - UK

Opposition demands debate on Agnipath scheme in Monsoon Session of Parliament

Several Opposition parties, including TMC, BJD, Shiv Sena, TDP, Akali Dal, CPI(M),CPI, RSP and JMM, skipped the meeting chaired by Lok Sabha Speaker

The Hindu

Michael Pascoe: ‘Everyone’ was wrong about wages – and they may be again

Workers don’t think their boss is open to giving a fat pay increase, writes Michael Pascoe. Fears of a a wage-price spiral are well overblown.

The New Daily

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Employment rate increasing in July after fall in June: CMIE

KOLKATA: After witnessing a steep fall in employment rate in June 2022, economic think-tank Centre for Monitoring Indian Economy (CMIE) has estimated that the trend has been reversing in the current month.

The Times of India

Digital labour platforms subject global South workers to 'algorithmic insecurity'

Digital labour platforms are rapidly transforming the world of work. Many governments in the global south have welcomed platforms that bring businesses, workers and consumers together, creating opportunities to reduce unemployment. But what happens when jobs are turned into tasks? Workers are increasingly managed by apps that allocate these tasks…

The Conversation

Young people in the Middle East struggle to see a promising future

The Middle East’s population is growing almost twice as fast as the world overall, and one-third of its people are under the age of 15.

The Conversation

Is there upside to political polarisation?

While there are no ironclad laws of politics, two tendencies in the United States -- midterm swings against the incumbent party (the "midterm blues") and the negative electoral effects of inflation and unemployment ("political business cycles") -- come pretty close. US President Joe Biden (whose approval rating has sunk for…

Bangkok Post

US jobless claims rise to highest since November in holiday week

Applications for U.S. state unemployment insurance rose to the highest level since November during the week that included the July 4 holiday, led by a big jump in New York.

Tribune News Service

‘Secret weapon’: Female jobs boom drives COVID recovery as unemployment rate falls

Women have emerged as a “secret weapon” driving Australia’s world leading COVID recovery, with a huge rise in female jobs easing labour shortages.

The New Daily

The Loop: Authorities rush to slow new COVID-19 wave, unemployment drops again, and look out for the biggest supermoon of the year

Get up to speed on today's headlines with The Loop.

ABC News

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The Conversation

3.5% unemployment: Australia's jobless rate at its lowest since 1974

It’s not an academic way to start an article about Australia’s latest jobs numbers, but all I can think is “wow”.

The News Lens

Can India Tackle Its Population Challenge?

Around 22% of the global workforce over the next three decades is expected to come from India. Experts say unemployment in the country will be “a huge problem” if more skilled workers are not trained.

ABC News

Unemployment plunges to 3.5 per cent, with nearly 90,000 jobs added in June

Australia's official unemployment rate drops to 3.5 per cent, with an estimated 88,400 jobs added to the economy last month.

Irish Mirror

Man, 20s, arrested after PUP fraud amounting to €49,500 as gardai seize laptops, phones, cash and car

Gardaí attached to the Garda National Economic Crime Bureau (GNECB), conducted the search as part of an ongoing investigation into the fraudulent claiming of the Pandemic Unemployment Payment (PUP) and the laundering of the proceeds of international Business Email Compromise (BEC) frauds

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AAP

Unemployment rate hit 48-year low in June

Economists are using words like "stunning" and "staggering" after Australia's unemployment rate fell to 3.5 per cent in June, the lowest rate since August 1974.

The Conversation

Canadians are relocating for jobs amid steep inflation and low unemployment

Over the past two years, COVID-19 has dramatically affected the global job market. Canada is no exception to this upheaval. In the first quarter of 2020, a 15 per cent decline in Canada’s employment rate was reported and attributed to COVID-19.

The Hindu

Congress questions Finance Minister’s interest in tackling inflation

Nirmala Sitharaman had tweeted pictures taken by NASA’s James Webb telescope

The Conversation

NZ has reached 'full employment' – but not all workers will benefit from a tighter labour market

New Zealand’s unemployment rate hit a low of 3.2% in the fourth quarter of 2021 and again in the first quarter of this year. That’s the lowest the rate has been since at least 1986, both overall and separately for men (3.1% in both quarters) and women (3.3% in both…

Ballotpedia

U.S. weekly unemployment insurance claims rise to 235,000

New applications for U.S. unemployment insurance benefits rose 4,000 for the week ending July 2 to a seasonally adjusted 235,000. The four-week moving average as of July 2 rose to 232,500 from 231,750 as of the week ending June 25.

Asharq Al-Awsat

Morocco’s Household Confidence Index Hits All-Time Low

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 Conversation

June jobs report suggests Fed could avoid a recession – but room for error is minuscule

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%.

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