#unemployment

[ follow ]
#job-market

Why finding a job is so awful right now

The current job market is challenging for job seekers, especially in sectors like tech, with many applying to numerous positions without success.

The US economy will start losing jobs by the end of this year, top economist says

Net job losses are imminent as firings increase, with unemployment expected to surpass 5% by year-end, according to economist David Rosenberg.

Gen Z college grads are bearing the brunt of today's tricky job market

Gen Z college graduates face higher unemployment than the overall job market, struggling more than previous generations in post-pandemic conditions.

Markets Fall In Response to Lackluster Jobs Report

The rise in unemployment to 4.3% triggers recession indicator Sahm Rule since it's at least half a percent higher than the 12-month low.
Experts are divided on the possibility of an impending recession, some believe the economy can recover while others see rising unemployment as a sign of economic contraction.

Top economist: More people are looking for a job, but not because they were laid off

Unemployment is rising due to an increase in labor supply from immigration, not widespread job cuts.

Americans looking for work feel increasingly insecure as red-hot labor market cools down

The American labor market has cooled significantly, making job searches more difficult for those looking to switch jobs or re-enter the workforce.

Why finding a job is so awful right now

The current job market is challenging for job seekers, especially in sectors like tech, with many applying to numerous positions without success.

The US economy will start losing jobs by the end of this year, top economist says

Net job losses are imminent as firings increase, with unemployment expected to surpass 5% by year-end, according to economist David Rosenberg.

Gen Z college grads are bearing the brunt of today's tricky job market

Gen Z college graduates face higher unemployment than the overall job market, struggling more than previous generations in post-pandemic conditions.

Markets Fall In Response to Lackluster Jobs Report

The rise in unemployment to 4.3% triggers recession indicator Sahm Rule since it's at least half a percent higher than the 12-month low.
Experts are divided on the possibility of an impending recession, some believe the economy can recover while others see rising unemployment as a sign of economic contraction.

Top economist: More people are looking for a job, but not because they were laid off

Unemployment is rising due to an increase in labor supply from immigration, not widespread job cuts.

Americans looking for work feel increasingly insecure as red-hot labor market cools down

The American labor market has cooled significantly, making job searches more difficult for those looking to switch jobs or re-enter the workforce.
morejob-market

South Africa Police Try Siege Tactics on Illegal Mining, Igniting Debate

Authorities are using siege tactics to flush out illegal miners, raising concerns about human rights amidst efforts to combat crime.
#obesity

Could weight loss drugs fix UK's unemployment problem?

Eli Lilly is testing weight-loss drugs in the UK to see if they can help reduce unemployment rates by getting people back to work.

Unemployed Brits will receive free Ozempic-style weight-loss shots to help them get jobs

The British government views weight loss drugs as a potential solution to chronic unemployment linked to obesity-related health issues.

Jobless could get weight loss jabs to return to work

Weight-loss jabs could significantly help unemployed individuals with obesity, easing NHS pressures and enhancing workplace participation.

Could weight loss drugs fix UK's unemployment problem?

Eli Lilly is testing weight-loss drugs in the UK to see if they can help reduce unemployment rates by getting people back to work.

Unemployed Brits will receive free Ozempic-style weight-loss shots to help them get jobs

The British government views weight loss drugs as a potential solution to chronic unemployment linked to obesity-related health issues.

Jobless could get weight loss jabs to return to work

Weight-loss jabs could significantly help unemployed individuals with obesity, easing NHS pressures and enhancing workplace participation.
moreobesity
#economy

Trump may take credit for Biden's signature climate law, if he doesn't kill it first

Trump inherits an economy primed for growth and ready-made infrastructure projects, potentially allowing him to take credit for achievements of Biden's administration.

Why the upcoming U.S. jobs report will be one of the most distorted in years

Voter perceptions of the economy may be skewed by distorted employment figures before Election Day.

The blockbuster jobs report just gave Kamala Harris a boost where she needs it most

The September jobs report's strong performance could aid Kamala Harris in addressing economic concerns ahead of the upcoming election.

Fed Chair Powell suggests long-awaited interest rate cuts are on the horizon

The Fed chair indicates an upcoming interest rate cut due to rising unemployment and evolving economic conditions.

New jobs numbers raise alarm bells on recession risk

The rise in unemployment rate and slowdown in job growth is a sign of upcoming recession, prompting market reactions and indicating the need for rate cuts.

The Fed Is Finally Ready to Cut Rates

The upcoming Fed meeting is critical for the economy and real estate investors, focusing on potential interest rate cuts.

Trump may take credit for Biden's signature climate law, if he doesn't kill it first

Trump inherits an economy primed for growth and ready-made infrastructure projects, potentially allowing him to take credit for achievements of Biden's administration.

Why the upcoming U.S. jobs report will be one of the most distorted in years

Voter perceptions of the economy may be skewed by distorted employment figures before Election Day.

The blockbuster jobs report just gave Kamala Harris a boost where she needs it most

The September jobs report's strong performance could aid Kamala Harris in addressing economic concerns ahead of the upcoming election.

Fed Chair Powell suggests long-awaited interest rate cuts are on the horizon

The Fed chair indicates an upcoming interest rate cut due to rising unemployment and evolving economic conditions.

New jobs numbers raise alarm bells on recession risk

The rise in unemployment rate and slowdown in job growth is a sign of upcoming recession, prompting market reactions and indicating the need for rate cuts.

The Fed Is Finally Ready to Cut Rates

The upcoming Fed meeting is critical for the economy and real estate investors, focusing on potential interest rate cuts.
moreeconomy
#wage-growth

UK unemployment rises as wage growth slows, affecting interest rate cut prospects

UK wage growth has slowed, and unemployment has risen, leading to caution over potential Bank of England interest rate cuts.

UK unemployment falls as wages growth hits lowest in two years

UK jobs market showed unexpected drop in unemployment and slowed wage growth, impacting Bank of England's interest rate decision.

Unemployment rising is a 'warning sign' for Labour following on 'from the Budget' - London Business News | Londonlovesbusiness.com

UK unemployment rate rose to 4.3%, signaling potential economic concerns for the government despite a rise in wage growth.

UK wage growth cools further, keeping the Bank of England on track - London Business News | Londonlovesbusiness.com

UK wage growth shows slight improvement, supporting gradual rate cuts by the Bank of England.

UK unemployment rises as wage growth slows, affecting interest rate cut prospects

UK wage growth has slowed, and unemployment has risen, leading to caution over potential Bank of England interest rate cuts.

UK unemployment falls as wages growth hits lowest in two years

UK jobs market showed unexpected drop in unemployment and slowed wage growth, impacting Bank of England's interest rate decision.

Unemployment rising is a 'warning sign' for Labour following on 'from the Budget' - London Business News | Londonlovesbusiness.com

UK unemployment rate rose to 4.3%, signaling potential economic concerns for the government despite a rise in wage growth.

UK wage growth cools further, keeping the Bank of England on track - London Business News | Londonlovesbusiness.com

UK wage growth shows slight improvement, supporting gradual rate cuts by the Bank of England.
morewage-growth
#inflation

As the stock market falls, so does Biden's White House of economic cards

Vice President Kamala Harris replaced President Joe Biden as the Democratic nominee for the 2024 Presidential election last month.

Weak US jobs growth for July sparks Wall Street sell-off

US Labor Market cooled significantly in July, with unexpected rise in unemployment and lower job additions, sparking economic slowdown fears.

Fed Will Scour Jobs Report for Signs of Weakness

Federal Reserve officials are cautious about cutting interest rates until more data confirms inflation control, risking negative impact on employment if the economy slows down.

Will the Federal Reserve cut interest rates again this year?

The Federal Reserve has cut interest rates to provide relief for borrowers, with prospects for future cuts depending on economic conditions.

Fed's minutes show a September rate cut is 'likely'

The Federal Reserve officials lean towards an interest rate cut due to easing inflation and rising unemployment.

Can Fed Officials Still Nail the Landing? As Rate Cuts Near, It's a Moment of Truth.

The Federal Reserve hoped for a rare economic soft landing, but concerns arose due to a rise in the unemployment rate and weak employment reports.

As the stock market falls, so does Biden's White House of economic cards

Vice President Kamala Harris replaced President Joe Biden as the Democratic nominee for the 2024 Presidential election last month.

Weak US jobs growth for July sparks Wall Street sell-off

US Labor Market cooled significantly in July, with unexpected rise in unemployment and lower job additions, sparking economic slowdown fears.

Fed Will Scour Jobs Report for Signs of Weakness

Federal Reserve officials are cautious about cutting interest rates until more data confirms inflation control, risking negative impact on employment if the economy slows down.

Will the Federal Reserve cut interest rates again this year?

The Federal Reserve has cut interest rates to provide relief for borrowers, with prospects for future cuts depending on economic conditions.

Fed's minutes show a September rate cut is 'likely'

The Federal Reserve officials lean towards an interest rate cut due to easing inflation and rising unemployment.

Can Fed Officials Still Nail the Landing? As Rate Cuts Near, It's a Moment of Truth.

The Federal Reserve hoped for a rare economic soft landing, but concerns arose due to a rise in the unemployment rate and weak employment reports.
moreinflation
#labor-market

Job openings data points to cooling job market

Job openings decreased in July, reaching the lowest share of total employment since December 2020, alongside an increase in layoffs.

People Start to Worry About Their Jobs

The labor market is showing signs of weakness, indicated by rising unemployment and fewer promotions.

California unemployment rises as private hiring slows and state government payrolls tumble

California's labor market is weakening, with rising unemployment and minimal job growth amid key industry contractions.

Fewer Americans file for jobless benefits last week, but applications remain slightly elevated

Employment numbers stable despite recent concerns.

Jill On Money: Bumpy economic ride replaces soft landing

The labor market is slowing down faster than expected, jeopardizing the Federal Reserve's soft landing goal.

Trudeau announces reduction in temporary foreign workers, suggests more immigration changes to come | CBC News

Trudeau announces reduced temporary foreign workers to address unemployment among Canadians and proposes limits on permanent resident intake.

Job openings data points to cooling job market

Job openings decreased in July, reaching the lowest share of total employment since December 2020, alongside an increase in layoffs.

People Start to Worry About Their Jobs

The labor market is showing signs of weakness, indicated by rising unemployment and fewer promotions.

California unemployment rises as private hiring slows and state government payrolls tumble

California's labor market is weakening, with rising unemployment and minimal job growth amid key industry contractions.

Fewer Americans file for jobless benefits last week, but applications remain slightly elevated

Employment numbers stable despite recent concerns.

Jill On Money: Bumpy economic ride replaces soft landing

The labor market is slowing down faster than expected, jeopardizing the Federal Reserve's soft landing goal.

Trudeau announces reduction in temporary foreign workers, suggests more immigration changes to come | CBC News

Trudeau announces reduced temporary foreign workers to address unemployment among Canadians and proposes limits on permanent resident intake.
morelabor-market

Germany narrowly avoids recession with slight Q3 growth DW 10/30/2024

Germany's economy grew by 0.2% in Q3 2024, narrowly avoiding a recession after a prior contraction.

Fines for jobless who refuse to engage with employment services doubled to 90

Heather Humphreys has doubled penalties for unemployed individuals failing to engage with jobseeker services, impacting around 4,000 people this year.

Unemployed to be given weight-loss jab to help them back into work, government says

Eli Lilly invests £279 million in UK's life sciences for weight-loss jab trials aimed at reducing unemployment and health burdens.
#immigration

The Great Immigration Experiment

The U.S. is experiencing record high levels of foreign-born population, with a significant portion unemployed.

JD Vance immigration slapdowns show Kamala Harris media lapdogs running headfirst into reality

JD Vance effectively challenged Democratic narratives about immigration and unemployment during interviews with journalists.

The Great Immigration Experiment

The U.S. is experiencing record high levels of foreign-born population, with a significant portion unemployed.

JD Vance immigration slapdowns show Kamala Harris media lapdogs running headfirst into reality

JD Vance effectively challenged Democratic narratives about immigration and unemployment during interviews with journalists.
moreimmigration
#economic-growth

City Black, Latino Unemployment Fell Over 2 Years

Black and Latino unemployment rates in New York City decreased significantly between 2022 and 2024 under Mayor Adams.

California economy is having a 'subpar' year in 2024, study shows

California's economy is forecasted to grow slower than the national rate in 2024 due to employment and housing challenges.

Canada's unemployment rate rose in August amid tough summer job market | CBC News

Canada's unemployment rose to 6.6% in August, reflecting a challenging job market for students and increased rates among minority groups.

City Black, Latino Unemployment Fell Over 2 Years

Black and Latino unemployment rates in New York City decreased significantly between 2022 and 2024 under Mayor Adams.

California economy is having a 'subpar' year in 2024, study shows

California's economy is forecasted to grow slower than the national rate in 2024 due to employment and housing challenges.

Canada's unemployment rate rose in August amid tough summer job market | CBC News

Canada's unemployment rose to 6.6% in August, reflecting a challenging job market for students and increased rates among minority groups.
moreeconomic-growth
#job-search

A millennial has been looking for a tech job for over a year after being laid off. He says AI and being Black have worked against him.

Many job seekers are facing increased challenges in finding employment despite currently low unemployment rates, due to a hiring slowdown and competitiveness in the job market.

I've applied to nearly 2,200 jobs and am ready to give up

Kevin Cash applies for an overwhelming number of jobs while working gig jobs to support his family amidst ongoing financial struggles.

A Gen Xer has applied to over 200 job positions since starting her job search in February. She's surprised at how long it's taking to land work.

Devon faces a challenging job market, having applied to over 200 jobs without success, highlighting broader employment issues.

A millennial has been looking for a tech job for over a year after being laid off. He says AI and being Black have worked against him.

Many job seekers are facing increased challenges in finding employment despite currently low unemployment rates, due to a hiring slowdown and competitiveness in the job market.

I've applied to nearly 2,200 jobs and am ready to give up

Kevin Cash applies for an overwhelming number of jobs while working gig jobs to support his family amidst ongoing financial struggles.

A Gen Xer has applied to over 200 job positions since starting her job search in February. She's surprised at how long it's taking to land work.

Devon faces a challenging job market, having applied to over 200 jobs without success, highlighting broader employment issues.
morejob-search
#economic-impact

Germany's unemployment rises as economic growth stalls DW 07/31/2024

Unemployment in Germany surges unexpectedly, with over 2 million jobless and increased spending on welfare support.

Understanding unemployment: Challenges and financial solutions - London Business News | Londonlovesbusiness.com

Unemployment negatively impacts individuals and communities, necessitating financial support systems like loans to assist the unemployed in meeting basic needs.

Germany's unemployment rises as economic growth stalls DW 07/31/2024

Unemployment in Germany surges unexpectedly, with over 2 million jobless and increased spending on welfare support.

Understanding unemployment: Challenges and financial solutions - London Business News | Londonlovesbusiness.com

Unemployment negatively impacts individuals and communities, necessitating financial support systems like loans to assist the unemployed in meeting basic needs.
moreeconomic-impact
#job-growth

August Jobs Report Shows Growth, Unemployment Missing Mark | Entrepreneur

The latest employment report indicates a mixed labor market, crucial for upcoming Federal Reserve interest rate decisions.

EY Chief Economist: Recession Fears 'Overstated,' Fed Behind | Entrepreneur

Job growth slowed in July, but concerns over recession may be overstated according to EY Chief Economist Gregory Daco.

August Jobs Report Shows Growth, Unemployment Missing Mark | Entrepreneur

The latest employment report indicates a mixed labor market, crucial for upcoming Federal Reserve interest rate decisions.

EY Chief Economist: Recession Fears 'Overstated,' Fed Behind | Entrepreneur

Job growth slowed in July, but concerns over recession may be overstated according to EY Chief Economist Gregory Daco.
morejob-growth

The truth behind LinkedIn's Open to Work banner

The 'Open to Work' banner on LinkedIn ignites debate about vulnerability and pride among job seekers.
#economic-recession

Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

Some experts warn it may be too late for the Fed to save the economy from a recession, urging for immediate rate cuts.

Swedish long-term unemployment continues to rise

Sweden's long-term unemployment has increased significantly, indicating a worsening economic climate.

Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

Some experts warn it may be too late for the Fed to save the economy from a recession, urging for immediate rate cuts.

Swedish long-term unemployment continues to rise

Sweden's long-term unemployment has increased significantly, indicating a worsening economic climate.
moreeconomic-recession

My retired father uses his pension to pay for my basic needs because I can't find a job. I'm worried I'm ruining his retirement.

Struggling recent graduates often face financial insecurity and reliance on family support due to challenging job markets.
from www.housingwire.com
3 months ago

To avoid recession, the Fed needs a housing comeback

Loss of residential construction workers often indicates a pending recession due to economic impacts from high interest rates.

ONS jobs data: We're seeing 'a gradual cooling in the UK labour market' - London Business News | Londonlovesbusiness.com

UK labour market vacancies decreased but are still above pre-pandemic levels.

Bangladesh Puts Its Eggs in One Economic Basket. Now, a Reckoning.

Bangladesh's economic miracle under Sheikh Hasina's rule is challenged by inflation and unemployment due to poor policy decisions.

Will Kamala Harris's economic plans sway US voters?

Fears of US recession impact Kamala Harris's campaign.

No jobs, no trust: young Africans' economic struggles fuel protests

Young African protesters are rising against taxes, corruption, and bad governance due to high inflation, unemployment, and distrust in the political class.

Is the Labor Market About to Crack? It's the Key Question for the Fed.

Post-pandemic labor market experiencing moderation after rapid growth in hiring and wage gains.
Federal Reserve shifting focus from controlling inflation to sustaining a strong job market.

In Georgia's Depressed Heartland, Pining for the Soviet Past

The town of Kazreti in Georgia, once a thriving Communist oasis, faced economic downfall post-Soviet Union collapse, leading to unemployment and closure of essential services.

Democracy's star is fading as Nigerians struggle to afford the basics

The struggle with Nigeria's underperforming economy intensifies for residents, as the country faces economic challenges and intense pressure on the workforce.

The New Number One Guy in the Group

Unemployed former football player unexpectedly cast in reality TV show after almost running out of money.

Op-Ed | We must do more to assist Asian professionals to seek mental health help | amNewYork

The neglected mental health issue in the Asian community is highlighted through the story of a Chinese immigrant facing homelessness due to mental illness after a successful career in the U.S.

Spring Jobs Sprint Will Lead to a Summer of Opportunity

New York City Mayor Eric Adams launches 'Spring Jobs Sprint' initiative to connect New Yorkers with job opportunities and reduce unemployment.
[ Load more ]