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The Latest Breaking News from Unemployment

IMF: U.S. economy might yet manage to pull off a soft landing and avoid recession

Treasury Secretary Janet Yellen also downplayed the risk of the U.S. economy contracting: “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years.”

Fortune

I introduced social entrepreneurship to my trainee teachers -- why it'll make them better at their jobs

The daily headlines from South Africa are largely gloomy. The country’s government seems unable to address a years-long electricity crisis that is steadily worsening. Unemployment is high. Food prices are climbing.

The Conversation

Labor force participation among Black workers has returned to pre-pandemic levels

Unemployment among Black Americans fell to 3.4% in January, while labor force participation hit pre-pandemic levels

Fortune

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Editorial: Refugees want jobs, and the economy wants workers

With a total of 517,000 new jobs created last month and total employment estimates revised up, the country now has the lowest unemployment rate in more than half a century.

Tribune News Service

Jobs Data Confirm Higher Interest Rates are Coming

Non-farm payrolls jumped 517,000 last month, and the unemployment rate fell to a 53-year low.

The Street

An unexpected job surge confounds the Fed's economic models

Does the Federal Reserve have it wrong

The Independent UK

US payrolls surprise with surge as jobless rate hits 53-year low

The U.S. labor market burned red-hot in January as hiring unexpectedly surged and unemployment fell to a 53-year low, defying recession forecasts and adding pressure on the Federal Reserve to keep raising interest rates.

Tribune News Service

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US adds a surprisingly strong 517,000 jobs despite Fed hikes

January’s gains were broad-based across industries. A category that includes restaurants and bars added 99,000 jobs. Professional and business services jobs, including bookkeepers and consultants, rose by 82,000.

Chicago Sun-Times

US sees surprise hiring surge as unemployment edges down

Washington (AFP) - US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, government data showed Friday, indicating strength in the labor market despite efforts to ease economic activity.

AFP

Surge in US hiring surprises markets

WASHINGTON: US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, government data showed on Friday, despite efforts to cool economic activity.

Bangkok Post

Jobs Report: Hot Hiring, Lower Jobless Rate Lift Fed Rate-Hike Odds; S&P 500 Falls

Friday's jobs report boosted the odds of two more Fed rate hikes as hiring surged and the jobless rate fell, weighing on the S&P 500.

Investors Business Daily

U.S. employers added 517,000 jobs last month. It's a surprisingly strong number

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

WEKU

Jobs Report Shock: 517,000 New Jobs Added In January, Blasting Street Forecasts; Unemployment Slips to 3.4%

More than half a million new jobs were created last month, the Labor Department said, nearly triple Wall Street forecasts.

The Street

January may have delivered lower, if still solid, job growth

The American economy has an unusual problem: The job market looks too strong — at least to the inflation fighters at the Federal Reserve

The Independent UK

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Investors Business Daily

Dow Jones Falls 275 Points After Jobless Claims; Meta Soars 20% On Strong Sales, $40 Billion Buyback

The Dow Jones fell Thursday after initial jobless claims. Meta stock soared 20% on a $40 billion stock buyback.

Tribune News Service

US job openings surge past 11 million as Fed zeros in on labor

Vacancies at U.S. employers unexpectedly increased at the end of 2022, illustrating a solid appetite for labor that the Federal Reserve sees as one of the last hurdles to bring down inflation.

Ballotpedia

U.S. weekly unemployment insurance claims fall to 186,000

New applications for U.S. unemployment insurance benefits fell 6,000 for the week ending January 21 to a seasonally adjusted 186,000. The previous week’s figure was revised up from 190,000 to 192,000. The four-week moving average as of January 21 fell to 197,500 from a revised 206,750 as of the week…

Chronicle Live

North East Today: Region unemployment 'crisis' warning issued and transfer deadline day latest

Your daily briefing on all the latest from across the North East

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Manchester Evening News

Greater Manchester's 'hidden army' of unemployed people lost in the cracks

Report reveals North-South divide in numbers of people classed as 'involuntarily inactive'

The Guardian - UK

Official UK jobless figures may be missing 3m people, study finds

Report on ‘hidden unemployment’ shows stark north-south divide in adults out of work due to ill health or lack of good opportunities

AAP

Taupau a Bronco after 'really crazy 24 to 48 hours'

New Brisbane recruit Marty Taupau has gone from the uncertainty of unemployment to a Broncos deal on the back of hard work after nearly becoming an Eel.

Daily Record

Unemployment in Scotland 'four times higher' than official figures as thousands not looking for work

More than 350,000 people in Scotland are neither in work nor looking for a job due to circumstances outside of their control.

Insider UK

Scotland’s unemployment rate 'should be four times higher than figures suggest'

Dundee has highest 'hidden unemployment' rate, followed by Glasgow and Aberdeen

Chronicle Live

Research warns North East unemployment is three times worse than official rate amid 'inactivity crisis'

The Centre for Cities says that unemployment in the North East was actually 18% - with Newcastle, Sunderland, and Middlesbrough among the worst-performing urban areas in the UK

Fortune

A soft landing is playing out–but optimism needs to be for the right reasons

Against the odds, the U.S. economy is moving towards a soft landing, according to BCG's top economists.

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