state of being without work and actively seeking work
February Jobs Report: U.S. Job Growth Remains Strong: The labor market showed resiliency in February, adding 275,000 jobs, a sign that economic growth is still ...
nyti.ms/43aKBST
Quick Glance: Slower, but strong US job growth expected
- Forecast: Nonfarm payrolls to increase by 200,000 in February
- Unemployment rate expected unchanged at 3.7%
- Average hourly earnings to rise 4.4% year-on-year
- Labor market remains strong despite potential rate cuts
Fed forecasts rate cuts this year but sees economic strength: The speed and timing of rate cuts is top of mind for both Washington and Wall Street as they try to ...
politico.com/news/2024/03/20/wall-street-fed-inflation-verdict-00148000
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Job openings stay close to lowest level since 2021: The number of open jobs in the economy stayed pretty flat in November, near a 2 1/2-year low reached in ...
thehill.com/business/4386911-job-openings-stay-close-to-lowest-level-since-2021/
Quick Glance: US Job Market Bounces Back
- Significance: The demand is sufficient to not stoke inflation but still robust for workers to find a job.
- Latest News: In November, 8.8 million job postings were reported according to the latest Job Openings and Labor Turnover Survey.
- Hiring: 5.5 million new hires - 363,000 fewer than in October.
- Resignations: The number of resignations fell to 3.5 million, a decrease of 157,000 from the previous month.
Construction boom helps fuel job gains in March: U.S. employers added 303,000 jobs last month, and the unemployment rate dipped to 3.8% ...
npr.org/2024/04/05/1243019330/construction-jobs-unemployment-federal-reserve
Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
War takes an economic toll on Israeli businesses and employees: With many Israeli businesses working reduced hours or closing during the war ...
jpost.com/israel-news/article-779225
U.S. Bank to pay $36 million for illegal pandemic conduct
reuters.com/business/finance/us-occ-fines-us-bank-15-million-unfair-practices-statement-2023-12-19/
Why Americans feel gloomy about the economy despite falling inflation and low unemployment
apnews.com/article/economy-inflation-prices-jobs-income-recession-unemployment-e9e96643d8a1eb3ab2f57810219b8324
Quick Glance: US Economy: Why Americans Remain Gloomy Despite Decreasing Inflation and Low Unemployment
- Majority of Americans express dissatisfaction with Biden's economic management in polls.
- Prices for many goods and services remain significantly higher than three years ago despite the cooling inflation.
- Inflation rate is decelerating.
- Many Americans still feel the effects of inflation.
2022 had the lowest total unemployment rate ever: Last year was a strong year for the US labor market, but new government data illustrates just how strong it ...
cnn.com/2023/12/20/economy/lowest-unemployment-rate-year-2022/
Spain Likely to Get Partial EU Recovery Payment as Reform Stalls: Spain faces a setback in its efforts to unlock European Union post-pandemic recovery funds as ...
bloomberg.com/news/articles/2024-04-12/spain-likely-to-get-partial-eu-recovery-payment-as-reform-stalls
Paid articlePaid
Experts thought they knew how the economy worked. After the pandemic, they’re not so sure.
thehill.com/business/4342934-experts-thought-they-knew-how-the-economy-worked-after-the-pandemic-theyre-not-so-sure/
Georgia added 16,200 jobs in March; jobless rate remains at record low: With a blast of change-of-seasons hiring, the Georgia economy added more than twice the ...
ajc.com/news/atlanta-news/georgia-added-16200-jobs-in-march-jobless-rate-remains-at-record-low/YDCS5ATINRHYRLSTWLAYMN5SBY/
State faces mounting pressure to shore up unstable jobless aid fund: California’s massive budget deficit, coupled with the state’s relatively high level of ...
latimes.com/business/story/2024-04-18/california-borrowed-billions-to-pay-jobless-benefits-but-now-its-come-home-to-roost
Wisconsin's general fund hit $6.7 billion and other takeaways from policy forum report
jsonline.com/story/news/politics/2024/04/17/wisconsins-general-fund-hit-6-7-billion-other-takeaways-from-report/73346565007/
There’s more to the economy than unemployment rates: Neither the state nor coastal Southern California have fully recovered from the pandemic ...
sbsun.com/2024/04/04/theres-more-to-the-economy-than-unemployment-rates/
Gen Z increasingly has no income, cannot retire or buy houses: A growing group of Gen Zers aren't working or going to school.
businessinsider.com/gen-z-increasingly-no-income-cannot-retire-or-buy-houses-2024-3
Paid articlePaid
Slowing Growth Pushes California's Unemployment Rate to No. 1 Nationally: Post-pandemic ups and downs, and the tech sector's layoffs after hiring binge ...
inc.com/associated-press/slowing-growth-pushes-californias-unemployment-rate-to-no-1-in-nation.html
California faces an unemployment insurance disaster. Newsom has no easy way out | Opinion
sacbee.com/opinion/op-ed/article287314010.html
The Great Stay: Layoffs, unemployment remain near record lows — but the job market is starting to show other signs of weakness
nbcnews.com/business/economy/job-market-right-now-the-great-stay-layoffs-and-resignations-decline-rcna142220
Nearly 83 per cent of unemployed in India are young, says ILO report : India is facing a crisis of youth unemployment, with an alarming 83 per cent of the ...
wionews.com/india-news/nearly-83pc-of-unemployed-in-india-consists-of-youth-report-704909
Will the US unemployment rate continue at historic lows?: US job growth has continued at a steady clip in months since COVID pandemic, but experts are looking ...
aljazeera.com/economy/2024/4/4/will-the-us-unemployment-rate-continue-at-historic-lows
Unemployment rate increased to 6.9 percent: The unemployment figures for March are 0.7 points higher than last year. Labor Minister Kocher is confident.
diepresse.com/18327104/arbeitslosenquote-auf-69-prozent-gestiegen
Unemployment in Belgium at 40-year low: Unemployment figures haven't been this low since the second petrol crisis at the end of the 1970s.
brusselstimes.com/belgium/985539/unemployment-in-belgium-falls-to-pre-pandemic-levels
Canadians Receiving Unemployment Benefits up 18% From Last Year: The number of Canadians receiving unemployment benefits in January rose 18% compared to a year ...
bloomberg.com/news/articles/2024-03-21/canadians-receiving-unemployment-benefits-up-18-from-last-year
📺 From @Breakingviews : BVTV: US President Joe Biden has reined in inflation, kept unemployment low, and helped a post-pandemic recovery ... Show more @TheRealLSL reut.rs/48zzrbT
Anti-fraud measures slow processing of jobless claims in Massachusetts: The state has ramped up benefits processing, but its performance is not back to where it ...
bostonglobe.com/2024/03/28/business/department-of-unemployment-assistance-jobless-claims-fraud-appeals-delays/
#VantageOnFirstpost : The International Labour Organisation (ILO) has released a report on the Indian workforce. It says, India's youth make up almost 83% of the unemployed ... Show more
The Mystery of US Interest Rates | by J. Bradford DeLong - Project Syndicate: J. Bradford DeLong asks why market rates and expectations are far from what almost ...
project-syndicate.org/commentary/us-interest-rates-above-neutral-rate-nobody-knows-why-by-j-bradford-delong-2024-03
Unemployment fraud hit $100-135B during Covid, watchdog says: Tuesday’s report cautioned that the “full extent of UI fraud during the pandemic will likely never ...
politico.com/news/2023/09/12/unemployment-fraud-during-covid-00115398
Quick Glance: Billions lost to unemployment fraud during Covid
- Up to $135 billion in unemployment insurance benefits may have been lost to fraud during Covid-19, according to a Government Accountability Office report released Tuesday, which is more than double the previous estimate.
- In December, GAO estimated that around $60 billion may have been lost to UI fraud, but officials later realized that this figure was significantly underestimated.
- The report acknowledges that the full extent of UI fraud during the pandemic will likely never be known for certain.
- The fraud was caused by vulnerabilities in the state-federal partnership that existed long before the pandemic and were worsened by emergency relief measures passed by Congress to assist unemployed individuals.
Central bankers see ‘immaculate disinflation’ within reach: Economists forecast inflation easing from multi-decade highs without sharp rise in unemployment
ft.com/content/d413fffb-77bd-4aa1-a02c-c07c7860fbc7
Paid articlePaid
11 charts that show how covid changed the U.S. economy: A new normal has settled into the U.S. economy — one that nobody could have predicted four years ago ...
washingtonpost.com/business/2024/03/16/economy-recovery-covid-unemployment-wages-debt-groceries/
No significant threat of retrenchments despite Goodyear closure, says expert: According to the statistics department, unemployment in the country dropped to 567 ...
freemalaysiatoday.com/category/highlight/2024/03/13/no-significant-threat-of-retrenchments-despite-goodyear-closure-says-expert/
UK’s weak economy is taking a toll on its labour market: Most employers are holding on to staff, but more people are either not looking or not available for work
theguardian.com/business/2024/mar/12/uk-economy-labour-market-work
U.S. economy adds whopping 353,000 jobs in January: The first look at the 2024 labor market shows it's is on fire — not slowing down as previously thought.
axios.com/2024/02/02/us-jobs-report-january-2024
Quick Glance: Record Number of New Jobs in the US in January
- New data from the Labor Department shows that the US economy added 353,000 jobs in January, with the unemployment rate at 3.7 percent.
- The January jobs report far exceeded economists' expectations, who predicted a gain of 185,000 jobs and an unemployment rate of 3.8 percent.
- "The labor market is the little engine that could, and it kept chugging away in January," said John Leer, chief economist at Morning Consult.
- The surprisingly strong jobs report will exclude a rate cut in March and raises questions about how quickly the Fed will actually lower interest rates.
Oregon finally gets new computers for paying jobless benefits, but they won’t fix all issues
oregonlive.com/business/2024/02/oregon-finally-gets-new-computers-for-paying-jobless-benefits-but-they-wont-fix-all-issues.html
Paid articlePaid
Unemployment in Germany is increasing: The number of unemployed rose again in January. This is not unusual for this time of year. However ...
rp-online.de/leben/beruf/arbeitslosigkeit-in-deutschland-steigt-an_aid-106173993
Unemployment in Hungary continues to climb: Hungary has seen a steady but consistent rise in unemployment since mid-2022, as it dealt with the fallout from ...
euronews.com/business/2024/02/23/unemployment-in-hungary-continues-to-climb
Commentary: Size of cost-of-living relief in Budget 2024 suggests long-term focus on economic resilience
channelnewsasia.com/commentary/budget-2024-cost-living-assurance-package-support-household-pmet-skillsfuture-train-4133816
The Economy Is Thriving. Why Are Americans Feeling So Sour About It?: The disconnect has puzzled economists, investors and business owners. Here are some answers ...
wsj.com/story/the-economy-is-thriving-why-are-americans-feeling-so-sour-about-it-d9be73f3
Maryland's unemployment rate is among the nation's lowest. But it's the result of a troubling reality: Thousands of workers left the labor force when the ... Show more trib.al/ewXn8FE
Assembly seeks to ease burden of unemployment overpayments: Relief could be on the way to Virginians facing big bills for receiving overpayments of unemployment ...
richmond.com/news/state-regional/government-politics/virginia-unemployment-overpayments-general-assembly/article_f008069a-c5e2-11ee-ad38-5779dfb46240.html
Fewer Americans are quitting their jobs these days as the labor market returns to pre-pandemic normal
qz.com/us-labor-market-employment-quitting-great-resignation-p-1851209573
Paid articlePaid CEO calls for more unemployment to give companies upper hand over workers : Tim Gurner, who once blamed avocado toast for home-buying challenges ...
washingtonpost.com/world/2023/09/13/tim-gurner-unemployment/
Surprising change in leadership at AMS Gmünd: Office management re-advertised after just over three years: Harald Resch is changing within the AMS NÖ.
noen.at/gmuend/neue-aufgabe-fuer-resch-ueberraschender-fuehrungswechsel-beim-ams-gmuend-408060819
Goldman Sachs: 3 threats to a strong labor market: The labor market may be returning to pre-pandemic conditions, Goldman Sachs found, though hiring rates are ...
businessinsider.com/labor-market-job-openings-unemployment-rate-goldman-sachs-economic-outlook-2024-1
Atlanta economy, 2023: strong year, mixed finish: In a somewhat mixed coda to a surprisingly upbeat year, Metro Atlanta shed jobs in December ...
ajc.com/news/atlanta-news/atlanta-economy-2023-strong-year-mixed-finish/D7NMP6FSDZC3TLYQEJIX4OCVIQ/
Detroit man gets 15 years for drug operation, unemployment fraud: Robert Lampkin, co-defendant were ordered to pay back $2.1M they received in fraudulent ...
detroitnews.com/story/news/local/michigan/2024/01/25/detroit-man-15-years-drug-operation-unemployment-fraud/72352550007/
Global Unemployment Set To Worsen In 2024: UN: The UN's labour agency said the economic recovery from the COVID-19 pandemic has slowed down ...
ndtv.com/world-news/global-unemployment-set-to-worsen-in-2024-says-united-nations-4836357
Illinois skirted a recession last year. Here’s what to know about the job market in 2024.
chicagotribune.com/business/ct-biz-jobs-employment-vibes-2024-20240101-hyfuurg555e2bok6naobn752sa-story.html
Detroit man sentenced for unemployment insurance fraud scheme: James Mayfield was the last of 15 defendants sentences for their roles, officials said.
detroitnews.com/story/news/local/michigan/2024/01/17/detroit-man-sentenced-for-unemployment-insurance-fraud-scheme/72253160007/
High employment level due to rising cost of living: PETALING JAYA: Despite improving job statistics, economists believe that the declining unemployment figures ...
thestar.com.my/business/business-news/2024/01/15/high-employment-level-due-to-rising-cost-of-living
Generation "Neets": Why so many young people do nothing: More than half a million young people are not working, training or studying - even though there are many ...
welt.de/iconist/partnerschaft/article247241914/Generation-Neets-Warum-so-viele-junge-Leute-nichts-tun.html
Ten-Year Record on Employment: Does the Reality Match the Promises or Claims?: GOI efforts to spin a jobs growth narrative has meant the following: it is not ...
thewire.in/economy/what-we-know-about-indias-post-covid-economy-recovery-and-rising-inequality
Unemployment remains a concern in India post-pandemic | Data: Unemployment remains a concern post-pandemic: The security breach in Parliament has put the focus ...
thehindu.com/data/unemployment-remains-a-concern-post-pandemic-data/article67658552.ece
Ireland sees slight increase in unemployment figures: The rate of unemployment in Ireland varies depending on the demographic.
euronews.com/business/2024/01/10/ireland-sees-slight-increase-in-unemployment-figures
Global unemployment expected to grow this year, despite dip in 2023: The International Labour Organization warns that global unemployment may increase in 2024 ...
euronews.com/business/2024/01/10/global-unemployment-expected-to-grow-this-year-despite-dip-in-2023
The U.S. Is Reaping the Benefits of Low Unemployment: John Cassidy writes about the unemployment rate and how keeping it low is the most effective and ...
newyorker.com/news/our-columnists/the-us-is-reaping-the-benefits-of-low-unemployment
When it comes to the economy, we’re never going back to 2019: Were massive stimulus spending and near-zero interest rates the right policies after all as the ...
bostonglobe.com/2024/01/08/business/when-it-comes-economy-were-never-going-back-2019/
Michigan's jobless aid agency likely paid millions to dead, incarcerated people, audit says
detroitnews.com/story/news/politics/2023/12/27/audit-michigan-jobless-aid-agency-paid-millions-to-dead-prisoners/72034162007/
Berlin: 40,000 more unemployed than before the corona pandemic: In December, 190,000 people were unemployed in Berlin. At the same time, there were almost 20 ...
berliner-zeitung.de/mensch-metropole/berlin-40000-arbeitslose-mehr-als-vor-der-corona-pandemie-li.2173399
US Jobs Report November 2023: Labor Market Strengthens as Hiring Gains: The US labor market unexpectedly strengthened in November with pickups in employment and ...
bloomberg.com/news/articles/2023-12-08/us-labor-market-strengthens-as-hiring-gains-unemployment-falls
Paid articlePaidQuick Glance: Increase in U.S. Employment Numbers in November
- In November, the U.S. economy added 199,000 jobs and the unemployment rate dropped to 3.7 percent, reflecting the continued labor market slowdown.
- The labor market has tightened through the end of the year, with only a few industries, especially healthcare, driving job growth and preventing the economy from entering a recession.
- Nick Bunker, economic research director at the jobs site Indeed, described the current state of the labor market as positive.
- Investors are hopeful that the softening labor market will prompt the Fed to lower interest rates early next year, which has generated excitement in the financial markets.
U.S. Bancorp (USB) Fined $36 Million for Frozen Unemployment Accounts: U.S. Bancorp will pay $36 million to settle regulators’ claims that it improperly kept ...
bloomberg.com/news/articles/2023-12-19/u-s-bank-to-pay-36-million-over-frozen-unemployment-accounts-during-covid
Canada Unemployment Rate Continued to Inch Up in November: Canada’s jobless rate continued to push higher last month with an increase in layoffs and as the pace ...
wsj.com/economy/central-banking/canada-unemployment-rate-continued-to-inch-up-in-november-c3d458a5
Unemployment remains a concern in India post-pandemic | Data: Unemployment remains a concern post-pandemic: The security breach in Parliament has put the focus ...
thehindu.com/data/unemployment-remains-a-concern-post-pandemic-data/article67658552.ece
The misery index says the worst is over: Unemployment and inflation are the two great causes of real (rather than merely vibes-based) economic misery.
axios.com/2023/12/21/misery-index-economy
Reimagining social protection in South Africa: The case for basic income support: The precarious position of informal and low-paid workers was amplified during ...
dailymaverick.co.za/article/2023-12-19-reimagining-social-protection-in-south-africa-the-case-for-basic-income-support/
Mödling district: Long-term unemployment in Mödling fell - Mödling: Despite rising overall unemployment, the number of long-term unemployed people in the Mödling ...
meinbezirk.at/moedling/c-wirtschaft/langzeitarbeitslosigkeit-in-moedling-ging-zurueck_a6421766
Helsinki faces widening regional disparities in unemployment rates since pre-COVID times
helsinkitimes.fi/finland/finland-news/domestic/24637-helsinki-faces-widening-regional-disparities-in-unemployment-rates-since-pre-covid-times.html
California EDD fraud: Former Sacramento man sentenced, took over $1 million in COVID money
sacbee.com/news/local/crime/article283077768.html
Audit finds TN Dept. of Labor still far behind with paying unemployment benefits on schedule
newschannel5.com/news/newschannel-5-investigates/audit-finds-tn-dept-of-labor-still-far-behind-with-paying-unemployment-benefits-on-schedule
Learning Loss: High School Students Are Running Out of Time to Recover: Millions of students are nearing graduation unprepared for college or the workforce ...
bloomberg.com/opinion/articles/2023-11-30/learning-loss-high-school-students-are-running-out-of-time-to-recover
Long wait on unemployment appeals, but VEC says it's 'gaining ground': More than three and a half years since the COVID-19 pandemic began, almost 45 ...
richmond.com/news/state-regional/government-politics/long-wait-on-unemployment-appeals-but-vec-says-its-gaining-ground/article_b07b5262-947c-11ee-9305-9b721cfa5901.html
Despite world-beating growth, India's lack of jobs threatens its young: On a hot summer afternoon, 23-year old Nizamudin Abdul Rahim Khan is playing cricket on a ...
reuters.com/world/india/despite-world-beating-growth-indias-lack-jobs-threatens-its-young-2023-05-30/
Dean Tran arrested for alleged COVID unemployment fraud: Tran, who served as a state senator from 2017 until January 2021, was charged with 25 counts of wire ...
bostonglobe.com/2023/11/17/metro/dean-tran-arrested-alleged-covid-unemployment-fraud/
Unemployed Ohioans must use bank with brick-and-mortar office to direct deposit benefits
cleveland.com/open/2023/11/unemployed-ohioans-must-use-bank-with-brick-and-mortar-office-to-direct-deposit-benefits.html
Anger Is What’s Driving the US Economy: A deep-seated resentment about a “rigged” system has been simmering since long before the pandemic and continues to ...
bloomberg.com/opinion/articles/2023-11-13/anger-is-what-s-driving-the-us-economy
Most Americans Are Better Off: But they’re not feeling it.
theatlantic.com/ideas/archive/2023/11/american-household-income-improvement-voter-sentiment/675959/
China’s Young People Can’t Find Jobs. Xi Jinping Says to ‘Eat Bitterness.’: With youth unemployment at a record, the Communist Party is trying to reset ...
nytimes.com/2023/05/30/business/china-youth-unemployment.html
Quick Glance: China's Youth Struggle with Unemployment as Xi Jinping Calls for Resilience
- Many young Chinese are doubtful of government messaging.
- The government is urging them to persevere through tough times.
- Parents and teachers have traditionally emphasized the importance of hardship to young people like Li.
- A record-breaking 11.6 million college graduates are joining the workforce this year, and one out of every five young people are without a job.
Why the job market has weathered rising interest rates, grim economic forecasts: Inflation has tumbled from its peak of 9.1% in June 2022 to 3 ...
pbs.org/newshour/economy/why-the-job-market-has-weathered-rising-interest-rates-grim-economic-forecasts
Quick Glance: US job market defies rising interest rates and high unemployment
- Last year's inflation spike was painful, but the job market remained resilient.
- Economists predicted dire consequences from rate hikes, but the economy has shown unexpected durability.
- How is the Fed managing to combat inflation without causing negative effects?
- Can the job market stay strong despite the Fed's intention to keep rates high?
SC's jobless rate, already tight, hits a pre-pandemic low: The Palmetto State's unemployment level slipped below 3 percent in September, according to a new ...
postandcourier.com/business/south-carolina-unemployment-industry-economy/article_3c5bf324-6f69-11ee-975e-a744f5531ee3.html
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