The number of people filing initial claims for unemployment benefits sank by 6,000 to 189,000 in the final week of October, tying the July 18 reading that was the lowest level of claims since 1969. The four-week average of initial
The British economy appears to no longer prioritise British workers, with a think tank finding that four in five jobs created over the past decade have been given to foreigners, as the number of Britons shifted onto the welfare rolls soared.
The number of people filing for unemployment benefits inched up last week but remained at a historically low level.
The federal government has announced a $103,265 fee for each of the 85,000 H-1B workers annually imported by companies, prompting an uproar in India.
Iranian citizens are telling foreign media outlets that survival is growing difficult as the price of food and other basic commodities soars by 400% under pressure from the U.S. blockade, even as the regime in Tehran insists the food situation is under control.
Payrolls across the American economy contracted by 23,000 jobs in July and the unemployment rate ticked down to 4.1 percent. The public sector’s payrolls fell sharply, and the services sector hiring was soft, with a large contraction in retail and leisure. The goods-producing side of the economy, however, saw a solid expansion, with both construction and durable goods manufacturing expanding at a rapid pace.
The last time jobless claims remained this low for this long was in 1969.
The number of people filing for unemployment benefits edged down last week, the Department of Labor said Thursday. Initial jobless claims declined to 215,000 from the upwardly revised 217,000 in the prior week. Economists had forecast 219,000 new claims. New
South African President Cyril Ramaphosa announced on Sunday evening that his government will take major steps to crack down on illegal immigration, including the creation of an “Intelligent Population Register” that “contains biometric data for every person in the country.”
Congressional Progressive Caucus Chair Greg Casar called on his fellow lawmakers to levy a tax on companies that execute “AI-driven layoffs.”
Merz keeps up his campaign of snide asides against President Trump with warning to avoid education or work in America.
Very rarely have jobless claims ever been this low in modern America.
Unemployment benefit applications saw the biggest one-week drop since February from Easter Sunday to April 11, signaling that layoffs remain limited.
Without the assurance of millions of new workers arriving—three million arrived on average in each of President Biden’s final two years in office—employers are deciding to keep current jobholders in place.
Much worse than expected.
An official government watchdog has located nearly $1 billion in COVID-era unemployment benefits that are in danger of falling into the hands of fraudsters.
President Donald Trump announced Tuesday on social media that an investigation into alleged fraud in California has begun, pointing to what he described as deep corruption under Governor Gavin Newsom. The statement comes as California faces mounting scrutiny over welfare, education, and unemployment fraud, amid a broader national crackdown following high-profile fraud cases in states like Minnesota.
New unemployment claims were filed by the fewest Americans in over three years last week, far fewer than economists had been expecting. There were 191,000 initial claims for unemployment benefits in the week that included Thanksgiving, the Department of Labor
College degrees are not offering first-time job seekers the same opportunities they once did, according to new data.
Federal Reserve officials are sharply divided over how aggressively to cut interest rates, with some warning that the central bank risks falling dangerously behind in addressing a deteriorating labor market while others remain focused on stubborn inflation that has persisted well above target for more than four years.
Sen. Bill Cassidy (R-LA) has introduced a bill to undo the Biden administration’s red tape within a federal employment program.
Nearly half of the UK’s TV industry workforce are jobless, a survey released Friday shows, with many workers looking beyond the sector in an unprecedented crisis.
California’s unemployment rate is the highest in the nation — again — as the state’s tech sector struggles to retain jobs, thanks partly to the advance of artificial intelligence (AI) within the industry.
The labor market appears to be far weaker than previously thought, with huge downward revisions to May and June, losses in manufacturing, and a rising unemployment rate.
During an interview on CBS News on Tuesday, Rep. Joyce Beatty (D-OH) argued that economic indices on the stock market, employment, and inflation are just being made up by the Trump administration and “what they’re reporting are just numbers and
California’s new $20-per-hour minimum wage for fast food workers has resulted in a significant decline in employment in that sector, leading to 18,000 fewer jobs than would have been the case otherwise.
California Gov. Gavin Newsom (D) has already started his 2028 presidential campaign — but his state has the highest unemployment rate in the United States.
During an interview with CBS News on Wednesday, Sen. Elizabeth Warren (D-MA) stated that “the topline numbers look good” in the economy but “if Donald Trump doesn’t change direction, he’s going to blow this economy up.” Warren said, “So, I’ll
The African nation of Lesotho declared a two-year “state of disaster” this week over “high rates of youth unemployment and job losses,” which have ostensibly been exacerbated by uncertainty over President Donald Trump’s tariffs.
Foreigners account for 15% of people living in Germany, but welfare data suggests many recipients might be of migrant-heritage communities.
The government of China published its annual Communist Party statistics on Monday, revealing a modest 1.1 percent increase in the number of official members and a decline in the number of members under 35.
The Elon Musk-led Department of Government Efficiency (DOGE) is pointing the finger at three Democrat-controlled states for the bulk of fraudulent unemployment payments.
Beijing has been talking tough ever since President Donald Trump began raising tariffs against China, swiftly retaliating with its own tariff hikes instead of negotiating like most other major countries and vowing to “fight to the end.” There are some good reasons why China’s blustery confidence might be misplaced.
Foreigners now make up at least one in three people considered long-term unemployed in Germany after soaring by over 40 per cent since 2018.
While the headline jobs number was weaker than expected, there were upward huge revisions to earlier reports.
The Ford Motor Co. will reduce its workforce by upwards of 4,000 across Europe and the U.K. by the end of 2027, the manufacturer announced Wednesday, citing headwinds generated from the economy, pressure from increased competition and weaker than expected sales of electric vehicles (EVs) for the grim forecast.
China’s young people have tried a number of ways to deal with high unemployment in their country’s tottering economy, from valorizing joblessness as a form of political protest to “working” as valets for their aging parents.
On Friday’s broadcast of “CNN News Central,” acting Labor Secretary Julie Su stated that the October jobs report had various anomalies in it due to hurricanes and strikes and reacted to the downward revisions in the August and September jobs
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Jacky Rosen (D-NV) commented on Nevada having the highest unemployment rate of any state by saying that they got the worst of the economic impact of the pandemic but “the jobs are
Family Ties star Justine Bateman has called out California Governor Gavin Newsom (D) as its revealed the state’s job openings have experienced a fall of 30 percent as the unemployment rate stands at the second-worst in the country.
