The Latest Breaking News from Unemployment

The jobs report revealed stronger-than-expected payrolls growth and a drop in the unemployment rate.

After travelling across the Mumbai-Karnataka region for a week, we are shifting base to bring you stories from another north Karnataka belt – the Hyderabad-Karnataka region. And, to top it, our train journey from Hubli to Bellary coincided with the release of BJP and Congress election manifestos. 

Don't be fooled by the low unemployment rate. It won't last long.

Friday's jobs report showed solid hiring, faster wage growth and lower unemployment, all bad for the Federal Reserve. But S&P 500 futures rose.

The Labor Department trimmed prior job growth estimates, but said 253,000 new hires were added to the economy last month.

The U.S. job market may be getting a second wind. Employers added 253,000 jobs in April, a modest uptick from the month before. The unemployment rate dipped to 3.4%.

Real wages are expected to start growing slightly earlier and grow more strongly than previously forecast, according to the latest Treasury estimates.

Data from the Central Statistics Office (CSO) showed that unemployment levels in April dropped to 3.9 per cent

Month after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world

California businesses are paying higher taxes this year to help pay off the state's unemployment debt

Under consideration is a lift in welfare payments for the over-55s but critics say too many younger people would miss out