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The Latest Breaking News from Unemployment

The budget reveals what governments actually care about. And Labor has chosen to keep jobseekers in poverty

The government could easily index jobseeker to whichever is highest of the CPI or wage price index

The Guardian - AU

US Unemployment Rate Stays Below 4% For Two Years

US unemployment rate below 4% for over two years, Federal Reserve cautious about future labor market changes.

Top News

The Best of Reason: In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

NZ jobless rate hits three-year high with worse to come

New Zealand's unemployment rate is now 4.3 per cent, its highest level since the height of the COVID-19 pandemic in 2021.

AAP

Nirudyoga JAC exhorts youth to vote YSRCP government out of power

Nirudyoga JAC exhorts youth to vote YSRCP government out of power. The JAC launches Chaitanya Yatra to educate youth on the issue. Chief Minister Jagan Mohan Reddy has betrayed unemployed youth by reneging on his promises of filling 2.3 lakh vacant posts, conducting Mega DSC and releasing job calendar every…

The Hindu

In the AI Economy, There Will Be Zero Percent Unemployment

AI developer Andrew Mayne explains why technology could create more jobs and lead to unprecedented economic growth.

Reason

Elections come and go, but backwardness remains in Chittoor Lok Sabha segment

Chittoor Lok Sabha constituency remains backward despite political changes, facing unemployment, agriculture decline, and lack of development.

The Hindu

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CITU tells working class to vote against BJP

CITU calls on working class to defeat BJP in Lok Sabha elections, highlighting issues of inflation and unemployment.

The Hindu

The government shouldn’t boast about Australia’s latest CPI figures, but it shouldn’t panic either

Inflation appears to be under control, and real wages are now growing – but for those with Hecs/Help debts, the pressure is very real

The Guardian - AU

Louisiana House committee advances unemployment insurance indexing bill (2024)

The Louisiana House Committee on Labor and Industrial Relations advanced a bill on Apr. 18 that would index the length of unemployment insurance benefits to the state’s unemployment rate. House Bill 119 would reduce the maximum number of benefit weeks to 12 when the unemployment rate is at or below…

Ballotpedia

‘Forced’ move: Rwandans grapple with own fears over UK asylum seeker plan

Amid high unemployment and a housing crisis, many in Rwanda are apprehensive about the $272m migrant deal with the UK.

Al Jazeera

PM has new tactics for diverting attention from real issues: Rahul Gandhi on Modi’s ‘redistribution of wealth’ remarks

Lok Sabha election 2024 news: Congress accuses PM Modi of diverting attention from real issues like unemployment and inflation in India

The Hindu

BJP gave people inflation and unemployment, says Mann

Bhagwant Mann hit out at the BJP-led Centre, accusing it of failing to deliver in the past 10 years and now seeking votes in the name of religion and caste.

The Hindu

Modi’s guarantee a bundle of lies, says M.A. Baby

CPI(M) leader M.A. Baby criticizes PM Modi, accusing him of falsehoods, farmer suicides, and unemployment, urging against a third term.

The Hindu

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Top News

US Jobless Claims Unchanged, Economy Remains Resilient

Explore the latest U.S. labor market trends, including steady jobless claims, strong hiring, and sector-specific job cuts amidst economic challenges.

Investors Business Daily

Dow Jones Rises After Jobless Claims; Tesla Slides To New Low On Downgrade

Stock Market Today: The Dow Jones rose Thursday after initial unemployment claims. And Tesla stock hit a new low on a downgrade.

The Guardian - AU

Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs

Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates bite

AAP

Rich get richer than rest: Australia's wealth gap grows

Australia's wealthiest households have comparatively added more to their pile than those at the bottom and rising unemployment is set to further widen the gap.

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news in one place.

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AAP

Jobs market holds ground despite rise in unemployment

The official jobs data was more subdued in March as widely expected following a surprisingly strong February result.

Ballotpedia

Connecticut committee advances bill proposing increased threshold for felony unemployment insurance fraud

Connecticut House Bill 2570, which proposes increasing the threshold for felony unemployment insurance fraud from $500 to $2000, advanced from the Joint Judiciary Committee on Apr. 5 by a vote of 24-13. The Joint Labor and Public Employees Committee approved the bill with a vote of 8-4 on Mar. 7.…

Newslaundry

Modi report card, Ep 1: The real story behind India’s unemployment rate

PM Narendra Modi’s government claims that India’s unemployment rate has been reducing over the years. But how accurate are the official figures?

The Hindu

Inequality, unemployment, inflation in India are at all time high, says Parakala Prabhakar

Inequality, unemployment among youth, inflation of various commodities and household debt are at an all-time high in the country, said political economist Parakala Prabhakar

The Guardian - UK

Rising unemployment points to worrying signs for UK economy

Continuing levels of inactivity due to ill-health and caring responsibilities suggest all is not well

Barchart

Stock Index Futures Slip Ahead of U.S. Economic Data, U.S. Bank Earnings and Powell Speech on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.28%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.32% this morning as U.S. Treasury yields continued to rise, while investors looked ahead to quarterly reports from more big banks, remarks from Fed officials, and a fresh batch of U.S. economic…

Barchart

Stock Index Futures Tick Lower Ahead of U.S. Economic Data, U.S. Bank Earnings and Powell Speech on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.04%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.08% this morning as U.S. Treasury yields continued to rise, while investors looked ahead to quarterly reports from more big banks, remarks from Fed officials, and a fresh batch of U.S. economic…

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