#unemployment

#unemployment

At a White House reception last weekend, a little over 10 months later, the US president appeared to acknowledge just how far his timeline had shifted. We're going to have I say it's the golden age of America, Trump told his audience. We have an age that's coming up, the likes of which this country has never seen. And I just look so forward to the results. You're going to see results in six months to a year.

The only reason our Unemployment ticked up to 4.5% is because we are reducing the Government Workforce by numbers that have never been seen before. 100% OF OUR NEW JOBS ARE IN THE PRIVATE SECTOR! I could reduce Unemployment to 2% overnight by just hiring people into the Federal Government, even though those Jobs are not necessary. I wish the Fake News would report the 4.5% correctly. What I am doing is the only way to, MAKE AMERICA GREAT AGAIN!

When the government shutdown came to an end last month, the much-delayed jobs report for September was finally released, revealing that the unemployment rate had inched up to 4.4%-the highest it had been in four years. Amid a tough job market and economic uncertainty, it's little surprise that unemployment is on the rise again. In the latest jobs dispatch that was published today, unemployment had ticked up to 4.6% for the month of November. But it's a specific segment of the workforce that is most acutely feeling the effects of this spike in unemployment:

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports. The unemployment rate rose to 4.6%, highest since 2021. Both the October and November job creation numbers, released Tuesday by the Labor Department, were late because of the 43-day federal government shutdown. The November job gains came in higher than the 40,000 economists had forecast.

It reflects what businesses tell us they are less confident about hiring staff due to sky-high employment costs and a tidal wave of new employment legislation coming down the track. While there has been some easing of cost pressures - with average earnings including bonuses slowing to 4.7 per cent in the three months to October - labour costs remain a challenge.

I am employed full-time. My husband is currently unemployed, after being laid off from his tech job. I'm the only one making ends meet and sometimes, I can't. I feel very frustrated by my husband's lack of "get up and go." He has been unemployed for over 15 months. I'm fed up and have threatened divorce a couple of times. Nothing ever changes. We got married when he first lost his job, because he needed insurance. I'm very stressed out and have been getting sick from all the stress.

When we decided to start living together, he said that he will cover the rent, which is about $1,300 a month, and I would pay for groceries and our utilities,

Indian Prime Minister Narendra Modi's party and its main regional ally have scored a landslide victory in elections in the eastern state of Bihar, according to results on Friday from the Election Commission of India. The state election was closely watched because it offers an insight into the level of support for the Indian leader and his party.

Similarly, despite a slew of announced layoffs, the actual number of people filing for unemployment benefits - as revealed by states' releases of their weekly claims numbers - remains low for now. JPMorgan economists peg last week's initial claims at 229,000, up a bit from 220,000 the previous week but well within the low range that has prevailed all year.

There is discrimination against older people. The big beef Carl Of course the boats should stop. People are dying in the Channel, that's not a good thing. They should have safe, legal routes and be assessed to see if they have a genuine claim. The current debate has been massively overheated by a vocal, well-funded minority position, and it's taken all the compassion out of it.

The Bay Area and California produced only small job gains during August, a new government report released Friday shows - another warning sign that job markets statewide and in this region have begun to stall. California also has the nation's highest unemployment rate among the 50 states and is one of only five states with a jobless rate of 5.0% or greater. The Bay Area added 200 jobs in August, primarily because of a hiring upswing in the San Francisco-San Mateo region and despite a significant loss of jobs in the South Bay, according to reports released by the U.S. Bureau of Labor Statistics.

Hardly any corner of the economy is untouched by jobs cuts and slowdown: Employment in all goods-producing industries slumped in August, with the deepest losses coming from manufacturing and mining.

New figures from the Bureau of Labor Statistics shows that the job market is considerably weaker than initially believed, and has been since April 2024. The revised BLS findings, out Tuesday, showed 911,000 fewer jobs than what was initially reported painting an ugly picture of the U.S. economy over the past year. (BLS) The stats are preliminary, and the final figures will be released early next year, according to the Associated Press.