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The Latest Breaking News from Unemployment

Alan Kohler: Don’t get too accustomed to low unemployment. Here’s why it won’t last

With unemployment now back at 3.5 per cent, workers seem to have regained their bargaining power – until technology takes it away again.

The New Daily

Bullish or Bearish…You Decide

There is a lot of bearish energy out there right now. Even the Fed seems to be calling for a recession... and the experts who aren't worried about a recession are worried about stagflation. (For anyone who is a few years removed from Econ 101, that's the one where we…

StockNews.com

Unemployment is at a 50-year low but jobseekers are being urged to avoid complacency

An employment specialist says widespread workforce shortages are driving complacency among job applicants, who aren't marketing themselves well to employers.

ABC News

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Dollar Slumps on U.S. Economic Concerns and Euro Strength

The dollar index (DXY00 ) on Thursday fell by -0.47%. The dollar Thursday moved lower for the third straight session and posted a 10-week low. Thursday’s U.S. PPI and initial unemployment claims reports were dovish for Fed policy and weighed on the dollar. A rally in the euro Thursday to...

Barchart

Stocks Moderately Higher on Soft U.S. Inflation and Labor Market News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.24%. U.S. stock indexes this morning are moderately higher after...

Barchart

US jobless claims increase to 239,000, led by jump in California

Applications for U.S. unemployment benefits rose for the first time in three weeks, largely due to a jump in California and suggesting some more softening in the labor market.

Tribune News Service

With unemployment steady at 3.5%, inflation fears shouldn't stop Australia embracing a full employment target

Despite warnings of a global economic downturn, Australia has again defied the odds with its official unemployment rate remaining steady at 3.5% in March.

The Conversation

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Watch: Jobless rate unchanged, Treasurer in Washington, Cyclone Ilsa alert

Watch: The latest unemployment figures have just been released, with the jobless rate in Australia remaining unchanged at 3.5 per cent. Thousands of

The New Daily

Unemployment rate holds steady as Australian employers add 72,000 full-time jobs

At 3.5% the unemployment rate remains near its lowest since the mid-1970s

The Guardian - AU

Unemployment rate sticks at 3.5 per cent

New labour market data shows the jobless rate holding at 3.5 per cent, with 53,000 jobs added to the economy.

The New Daily

Unemployment steady as jobs boom continues

The unemployment rate remains steady at 3.5 per cent, with the creation of an estimated 53,000 jobs in March.

ABC News

Jobless rate to stay low despite looming economic woes

Workers are still in short supply and the labour market is unlikely to reveal signs of loosening as the effects of inflation work through the economy.

The New Daily

You just lost your job. What do you say to your kids?

“What you're not saying to your child is, ‘This is my fault, and ‘I did something wrong.’”

Fortune

Weekly unemployment insurance claims top 200,000 for first time in nine weeks

Following a change in seasonal adjustment calculations, the U.S. Department of Labor on April 6 revised its figure for new applications for U.S. unemployment insurance benefits for the week ending March 25 (the week before the changes were announced) from 198,000 to 246,000—an increase of about 24%. The four-week moving…

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ABC News

Vladimir Milov once served under Putin. Now exiled, he's using his insights to bring down the Russian regime

Don't believe what you read about sanctions against Russia being ineffective, says Vladimir Milov. He believes they are weakening Putin's grip on power.

Fortune

3 signs the labor market is rebalancing in a way that could prevent a recession, according to Goldman Sachs

Goldman’s David Mericle sees “encouraging news about the prospects for achieving the gentle rebalancing of the labor market needed for a soft landing.”

The Independent UK

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

Tribune News Service

Job market softens only a bit, keeping Fed on track for May hike

U.S. payrolls rose at a firm pace last month with the unemployment rate dropping again near record lows, paving the way for the Federal Reserve to increase interest rates at its next meeting.

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Barchart

March Nonfarm Payrolls Report: The U.S. Labor Market Remains Strong

What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...

Tribune News Service

Gap between US Black and white unemployment drops to record low

The gap between the Black and White unemployment rate — a closely watched benchmark of inequality in the labor market — shrank to its narrowest level on record in March as African Americans saw outsize gains in employment.

Kiplinger

Jobs Report Shows Pace of Hiring Slowed in March: What the Experts Are Saying

The jobs report showed the lowest level of hiring in more than two years.

The Independent UK

US adds 236,000 jobs in March as unemployment rate remains little changed

The lower job numbers come as a hot labour market cools down amid increasing interest rates

WEKU

The job market is cooling as higher interest rates and a slowing economy take a toll

U.S. employers added 236,000 jobs in March as hiring slowed from the previous month. Unemployment dipped to 3.5%, from 3.6% in February.

Daily Record

More than 3,000 West Lothian residents claiming unemployment benefit

While the level was nine per cent lower than in 2020 it was still higher than other parts of south-east Scotland

The Independent UK

Are inflation pressures easing? Jobs report may offer clues

For more than a year, the Federal Reserve’s inflation fighters have been tightening their grip on the American economy with nine straight interest rate hikes

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