job market News

Fed's Bostic Expresses Significant Concerns Over Latest Jobs Data, Hints at Future Rate Cuts

Federal Reserve Bank of Atlanta President Raphael Bostic raises concerns over recent jobs data, indicating potential risks to the job market but maintains a positive outlook on its...

Japan's Unemployment Rate Holds Steady at 2.5% in June, Job Market Shows Slight Cooling

Japan's unemployment rate remained steady at 2.5% in June, matching expectations and last month's figure. The job-to-applicant ratio slightly decreased to 1.22, indicating a minor ...

US Job Market Shows Resilience: Initial Jobless Claims Drop by 7,000 to 221,000

Initial jobless claims in the US fell by 7,000 to 221,000, signaling potential strength in the job market. The 4-week moving average also decreased, though insured unemployment saw...

Unexpected Rise in Australia's Unemployment Rate to 4.3% in June Sparks Economic Concerns

Australia's unemployment rate unexpectedly rose to 4.3% in June, with a mixed performance in job creation. Full-time employment declined, while part-time jobs increased, and the nu...

June Sees 183,000 New Jobs: A Mixed Bag of Growth and Challenges in Youth and Manufacturing

June 2025 saw a rise of 183,000 employed individuals, marking six months of growth. However, youth employment and manufacturing sectors struggled, highlighting a mixed employment l...

Unveiling the Top 5 College Majors Facing the Highest Unemployment Rates in the US

Anthropology tops the list of college majors with the highest unemployment rates at 9.4%, followed by physics and computer engineering. Despite high unemployment, tech-related fiel...

Significant Drop in US Initial Jobless Claims: A Glimpse of Economic Recovery?

Initial jobless claims in the US fell by 13,000 to 228,000, indicating potential job market stabilization. The 4-week moving average slightly increased, while the insured unemploym...

Federal Reserve Expected to Maintain Steady Interest Rates Amid Inflation Concerns

The Federal Reserve is likely to hold interest rates steady at its May meeting, focusing on inflation targets amid economic challenges. Despite political pressures for cuts, stabil...

Switzerland's Unemployment Holds Steady at 2.8% in April, Youth Figures Show Slight Improvement

Switzerland's unemployment rate remained steady at 2.8% in April, with a slight improvement in youth unemployment. However, the number of unemployed individuals rose by 1.4% from M...

Switzerland's Unemployment Holds Steady at 2.8% in April, Youth Figures Show Slight Improvement

Switzerland's unemployment rate remained at 2.8% in April, unchanged from March. The number of unemployed rose slightly, while youth unemployment saw a minor improvement. Job avail...

Switzerland's Unemployment Rate Holds Steady at 2.8% in April Amid Economic Shifts

Switzerland's unemployment rate remained at 2.8% in April, unchanged from March. However, the number of unemployed rose by 1.4% monthly and 21.6% yearly. Youth unemployment slightl...

Japan's Unemployment Rate Climbs to 2.5% in March, Surpassing Expectations

Japan's unemployment rate rose to 2.5% in March, slightly above expectations and last month's figures. However, the job-to-applicant ratio improved, indicating more opportunities f...

U.S. Job Market Faces Pressure as Initial Jobless Claims Spike to 241,000

The U.S. Department of Labor reported an unexpected increase in initial jobless claims to 241,000, exceeding forecasts. The four-week average and insured unemployment rates also ro...

IT Industry's Hiring Dilemma: More Jobs Added Than Cut, Yet Challenges Persist

The IT industry sees a cautious approach to hiring with a focus on productivity and efficiency amid macroeconomic challenges, leading to a volatile job market for engineering and t...

US Job Market Shows Resilience: Initial Jobless Claims Drop to 219,000, Signaling Economic Strength

The US Department of Labor reports a decrease in initial jobless claims to 219,000, with the 4-week average also dropping, signaling strength in the job market despite a slight ris...

Christine Lagarde Debunks AI Job Apocalypse Myth, Highlights Productivity Boost

ECB President Christine Lagarde discusses AI's positive impact on European productivity and dispels fears of a job apocalypse, highlighting the technology's potential to benefit hi...

UK Unemployment Holds Steady at 4.4% in January: What Does It Mean for the Economy?

The UK's unemployment rate remained steady at 4.4% in January, according to the Office for National Statistics. This stability, surpassing last year's predictions, highlights a res...

Switzerland's Unemployment Rate Holds Steady at 2.7% in February: A Closer Look

Switzerland's unemployment rate stayed at 2.7% in February, with a slight increase in the number of unemployed. The job market showed signs of growth with an increase in reported v...

Japan's Unemployment Rate Climbs to 2.5% in January, Surpassing Expectations

Japan's unemployment rate increased to 2.5% in January, slightly above expectations. Despite this, the job market remains robust with a slight increase in job openings, indicating ...

Germany's Job Market Holds Steady: Unemployment Rate Stays at 6.4% in February

Germany's unemployment rate remained steady at 6.4% in February, with a slight increase in the number of unemployed individuals. Underemployment also saw a rise, reflecting the ong...

Germany's Job Market Holds Steady: Unemployment Rate Stays at 6.4% in February

Germany's unemployment rate remained at 6.4% in February, with a slight increase in the number of unemployed people. Underemployment also rose, reflecting ongoing challenges in the...

US Job Market Strengthens: Initial Jobless Claims Drop to 213,000

The US Department of Labor reported a decrease in initial jobless claims to 213,000 for the week ending February 8, indicating a strong job market. The insured unemployment rate re...

Unexpected Surge: US Jobless Claims Jump by 11,000 to 219,000

The US Department of Labor reported an unexpected increase in initial jobless claims by 11,000 to 219,000 for the week ending January 31, exceeding analysts' forecasts. The four-we...

Japan's Job Market Tightens Further: Unemployment Rate Drops to 2.4% in December

Japan's unemployment rate unexpectedly fell to 2.4% in December, signaling a tightening job market. The job-to-applicant ratio remained at 1.25, reflecting a robust demand for labo...

Japan's Unemployment Rate Drops to 2.4% in December, Beating Expectations

Japan's unemployment rate fell to 2.4% in December, outperforming expectations and showing a slight improvement from the previous month. The job-to-applicant ratio remained steady ...

Japan's Unemployment Dips to 2.4% in December, Surpassing Expectations

Japan's unemployment rate unexpectedly dropped to 2.4% in December, showing improvement from the previous month and indicating a stable job market with a consistent job-to-applican...

Japan's Unemployment Rate Drops to 2.4% in December, Surpassing Expectations

Japan's unemployment rate unexpectedly dropped to 2.4% in December, showing a slight improvement from the previous month. The job market remains stable with a consistent job-to-app...

UK Faces Rising Unemployment: Rate Climbs to 4.4% in November

The UK's unemployment rate increased to 4.4% in the three months to November, according to the Office for National Statistics. This rise exceeds previous estimates and highlights a...

E-commerce Dominates as Premier Paymaster in 2024: A New Era of Digital Economy

In 2024, the e-commerce sector has emerged as the top paymaster, offering the highest salaries across various industries. This shift is driven by increased internet usage, the entr...

Japan's Unemployment Rate Holds Steady at 2.5% in November, Matching Expectations

Japan's unemployment rate remained steady at 2.5% in November, matching expectations and indicating a stable job market with a job-to-applicant ratio of 1.25.

Malaysians Flocking to Singapore for Lucrative Jobs and Better Retirement Prospects

Many Malaysians are finding employment in Singapore to secure better retirement prospects, attracted by higher salaries and Singapore's superior retirement system compared to Malay...

US Jobless Claims Drop Sharply: What Does It Mean for the Economy?

US jobless claims dropped by 22,000 to 220,000 in the week ending December 14, indicating a potential strengthening in the job market. The 4-week moving average increased to 225,50...