#unemployment-rate

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labor-market
London Business News | Londonlovesbusiness.com
1 week ago
Data science

April 2024 US employment report: Cooling, but still tight

The April US employment report reflected a cooler labor market with sub-expectations in payrolls growth and slightly higher unemployment. [ more ]
www.independent.co.uk
1 month ago
UK news

Unemployment rate hits six-month high amid fears of a stalling economy

UK unemployment rate rises to 4.2%, showing a cooling job market with potential interest rate cuts on the horizon. [ more ]
www.cbc.ca
1 month ago
Canada news

Canada's job numbers almost unchanged in March, while unemployment rose to 6.1% | CBC News

Canadian economy lost 2,200 jobs in March, unemployment rate rose to 6.1%.
Job losses concentrated in accommodation, food services, wholesale, retail trade, professional, scientific, technical services. [ more ]
morelabor-market
job-market
www.cbc.ca
6 days ago
Canada news

Canada added 90,000 jobs in April, as unemployment stayed flat at 6.1% | CBC News

The Canadian economy added 90,000 jobs in April, surpassing economists' expectations. [ more ]
www.ocregister.com
2 days ago
Business

Is California's unemployment rate really 9.5%?

California's real unemployment rate, including underemployment and discouraged workers, is almost double the official jobless rate, the highest in the nation. [ more ]
www.nytimes.com
1 week ago
Business

The Job Market Shifted Into Lower Gear

April's job report showed slower growth than expected, but overall stability in the labor market. [ more ]
www.housingwire.com
1 week ago
Business

U.S. hiring slowed in April, missing estimates - HousingWire

The U.S. economy added 175,000 jobs in April, below expectations and a decrease from March. [ more ]
www.housingwire.com
1 month ago
Data science

What another strong jobs report means for the mortgage industry

The U.S. economy added 303,000 jobs in March, exceeding estimates.
Job gains were notable in healthcare, government, and construction sectors. [ more ]
www.housingwire.com
2 months ago
Business

Strong jobs report suggests rate cuts won't come til summer

February saw an addition of 275,000 jobs, with the unemployment rate rising to 3.9% but remaining below full employment levels.
The Federal Reserve is unlikely to consider rate cuts as necessary due to the continued job growth and concerns about inflation. [ more ]
morejob-market
inflation
www.independent.co.uk
2 days ago
Business

UK unemployment rate rises to highest level in almost a year

Unemployment rate in Britain rose to 4.3% - highest in nearly a year. Average earnings growth remained at 6%. Challenges in labor supply persist due to pandemic impacts. [ more ]
Fast Company
2 weeks ago
Business

Federal Reserve holds interest rates at 23-year high until inflation further cools

The Federal Reserve plans no interest rate cuts until inflation slows sustainably to 2% target. [ more ]
The Nation
1 month ago
Social justice

Bidenomics and Its Discontents

Unemployment rate and inflation may not accurately reflect economic distress in households today.
Households with multiple earners may experience stress despite low unemployment rates. [ more ]
english.elpais.com
5 months ago
Business

US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market

The US job market remains strong, with 199,000 jobs added in November and a decrease in the unemployment rate from 3.9% to 3.7%.
Hiring has slowed down compared to last year, but wages are still growing at a healthy pace of 4%. [ more ]
www.fastcompany.com
5 months ago
Business

Unemployment falls in November with striking actors and auto workers back on the job

The US economy added 199,000 jobs last month and the unemployment rate fell to 3.7%, not far above a five-decade low of 3.4% in April.
The job market is cooling off, with businesses hiring less aggressively and fewer complaints of worker shortages and inflationary pressure. [ more ]
moreinflation
SFGATE
1 month ago
SF real estate

U.S. Sees Robust Job Growth-but the Housing Market Could Suffer

Low unemployment rate is positive for the housing market, but it may delay Fed interest rate cuts, keeping mortgage rates higher.
Mortgage rates have decreased but are still higher compared to earlier rates, impacting homebuyers amidst high prices and competition. [ more ]
www.cbc.ca
3 months ago
Canada news

Canada's economy added 37,000 jobs in January as unemployment declines to 5.7% | CBC News

Canadian economy added 37,000 jobs in January, with unemployment falling to 5.7%.
Increase in part-time work drove the job growth, while wages rose 5.3% from a year ago. [ more ]
WPXI
4 weeks ago
Left-wing politics

Jill Biden says an agreement to let federal employee military spouses work from overseas is overdue

Allowing military spouses of federal employees to work from overseas is crucial for national security. [ more ]
Sacramento Bee
1 month ago
California

Why does California have the nation's highest unemployment rate? Three sectors were hit hard

California's unemployment rate was the nation's highest in February at 5.3% due to various job losses.
Job losses occurred in major sectors such as construction, trade, transportation, and consumer spending. [ more ]
www.mercurynews.com
1 month ago
California

Walters: Newsom's State of the State should be candid about California's economy

California faces prolonged economic sluggishness and has the nation's highest unemployment rate.
Governor Newsom's budget projects annual deficits of around $30 billion and assumes an optimistic 8% increase in tax revenues. [ more ]
New York Amsterdam News
2 months ago
NYC politics

Bronx BP Vanessa Gibson and State Labor Department host career fair

Over 500 job seekers attended Bronx Career Fair at Borough Hall
Unemployment rate in Bronx County decreased to 6.60% in 2023 [ more ]
www.independent.co.uk
3 months ago
UK news

It's industrial vandalism': Inside the steel town facing its biggest ever challenge

The closure of Tata's steelworks plant in Port Talbot is causing shock and anger among the local community.
The plant closure will result in the loss of 2,800 jobs, adding to the high unemployment rates already present in the area. [ more ]
HuffPost
4 months ago
Coronavirus

'Thinking Isn't His Strength': Critics Scorch Donald Trump Jr.'s Wild COVID Claim

Donald Trump Jr. claims that no one is better off now than they were three years ago, even with COVID.
CDC data shows significant decreases in COVID-19 hospital admissions and deaths since three years ago. [ more ]
The New Yorker
4 months ago
Business

The U.S. Is Reaping the Benefits of Low Unemployment

The US economy created 2.7 million jobs in 2023, with a total non-farm employment of 157.2 million.
During the first three years of the Biden Administration, more than twice as many jobs were created compared to the equivalent period in the Trump Presidency. [ more ]
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