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The Latest Breaking News from Unemployment

Why the US job market has defied rising interest rates and expectations of high unemployment

Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households

The Independent UK

1 in 5 Australian workers is either underemployed or out of work: white paper

Today’s employment white paper has adopted the broadest-ever definition of what “full employment” means for Australia.

The Conversation

Government's employment white paper commits to jobs for all who want them – and help to get them

The employment white paper, released on Monday, has outlined multiple measures the Albanese government will implement to assist the about three million people who want jobs or more hours of work.

The Conversation

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Bandi Sanjay accuses BRS Government of ‘incompetence’ in Group-I prelims

Bandi Sanjay Kumar, Karimnagar MP and BJP national general secretary, accused BRS Government of failing to ensure proper conduct of Group-I prelims re-exam, playing with future of lakhs of unemployed youths. He alleged that BRS regime has not filled a single post in nine years and demanded ₹1 lakh compensation,…

The Hindu

Labor's jobs plan not at odds with RBA, says treasurer

Treasurer Jim Chalmers says his ambition for full employment is not in conflict with the RBA's endeavours to reduce inflation.

AAP

Unemployment for Hollywood’s Striking Writers and Stars? It’s Newsom’s Move Now.

Governor could leap past politics and sign unemployment bill just to keep striking workers in an uneven game.

Capital & Main

California legislators pass bill to allow unemployment benefits for striking workers

The California State Legislature passed a bill Sept. 14 that would allow workers to claim unemployment insurance benefits after striking for two weeks. The bill now heads to Gov. Gavin Newsom’s (D) desk for his approval or veto. If Newsom signs the bill, it would take effect starting in January…

Ballotpedia

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US applications for jobless benefits fall to lowest level in nearly 8 months

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates

The Independent UK

'It's a shock': Molycop workers stare down the barrel of unemployment

'Everyone's a little stressed about it, we've all got mortgages, we're all trying to put food on the table.'

Newcastle Herald

How Canada can make its startup ecosystem more inclusive

The global pandemic caused devastating economic impacts, including high levels of unemployment. As with the 2008 recession, self-employment has been encouraged as a pathway towards economic participation and boosting the labour market.

The Conversation

Regular jobs increased, but unemployment still a concern: report

India's regular wage jobs increased from 2004-2019, with 6% providing social security. Caste-based segregation decreased, and gender-based earnings disparities reduced. Post-COVID, unemployment rate was lower than pre-COVID, but higher for graduates under 25. Self-employment earnings decreased, but still 85% of pre-COVID levels.

The Hindu

Bank of England likely to ignore calls for rate rise restraint despite inflation fall

Business groups and economists fear further increases risk rise in corporate bankruptcies and unemployment

The Guardian - UK

Living in the 70s: why Australia's dominant model of unemployment and inflation no longer works

As we approach the release of Monday’s employment white paper we can expect to hear a lot about something called the NAIRU – the so-called Non-Accelerating Inflation Rate of Unemployment.

The Conversation

Latinos are making economic gains in Chicago suburbs and deserve more political power

Latino population and income are rising in the Chicago area, but hardships like lack of affordable housing, unemployment and other barriers to opportunity are still problematic, two policy leaders write.

Chicago Sun-Times

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The Hindu

Nehru’s outlook was inclusive, took Opposition along: Mallikarjun Kharge

Recalling Nehru's contribution to Indian democracy, Kharge hit out at govt over unemployment & ethnic violence in Manipur. He asked govt what it achieved by shifting proceedings to new building & slammed PM Modi for not visiting violence-hit Manipur & not listening to Opposition. He also expressed concern over passage…

The Guardian - AU

Peak China? Jobs, local services and welfare strain under economy’s structural faults

Faced with record high youth unemployment and bankrupt local councils, the country’s population is beginning to feel the weight of the economy’s flaws

The Hindu

Acquittal rate in human trafficking cases worrying, says Madan B. Lokur

Acquittal rate in human trafficking cases in India is 89% in 2020-21, a matter of concern: Former SC judge Madan B. Lokur. In Kerala, only 1 conviction & 19 acquittals out of 201 cases reported. Human trafficking is a crime against humanity & requires protection, prevention & prosecution. 2,189 cases…

The Guardian - UK

Yet another Bank of England rate rise looks likely – but this may be the last

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation

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The Hindu

At Bastar poll rally, Kejriwal talks of Jal, Jungle, Zameen rights

Kejriwal promises to implement PESA Act in Chhattisgarh within one month if voted to power. He also promises unemployment allowance, free power, improved healthcare and education. He criticizes PM's One Nation One Election idea and India-Bharat controversy.

The Hindu

Business in Bengal | Why Mamata’s foreign visit may not be enough to attract investment

Mamata Banerjee visits Spain, UAE to attract investments for West Bengal. Aims to promote State as industry destination ahead of BGBS in Nov 2023. Despite efforts, little success on ground. MoUs signed for promotion of books, La Liga Academy. 6th BGBS in 2022 saw 137 MOUs, LoIs, EoIs worth ₹3.4…

Fortune

What if Jerome Powell pulled off a soft landing and nobody noticed? It's the economy's Groundhog Day

Economists are seeing shadows.

The Hindu

Mismanagement of economy push the country into terrible misery, unemployment: Parakala Prabhakar

Mr. Prabhakar was speaking about ‘Social Impact of Demonetisation’, a talk on Indian Economic System organised by Samadharsi, a cultural, democratic initiative in Thrissur on Friday.

The Guardian - US

US economy going strong under Biden – Americans don’t believe it

Despite a strong economy, an exclusive Guardian poll shows mistrust in media and government means disbelief in both parties

The Independent UK

Millionaire CEO wants unemployment to jump by 50% because workers have become ‘arrogant’

Property developer Tim Gurner’s comments slammed as the ‘epitome of class warfare’

The Independent UK

Applications for US jobless benefits tick up slightly

The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before

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