Switzerland's seasonally-adjusted unemployment rate remained at 2.9% in August, but unadjusted data shows a rise to 2.8%. Youth unemployment surged by 19% monthly and 14.9% annuall...
China's urban unemployment rate rose to 5.2% in July, a 0.2% increase from June, as reported by the National Bureau of Statistics. The rate was consistent with last year's figure f...
Mary Daly, President of the Federal Reserve Bank of San Francisco, warns against a 50-basis point rate cut in September, fearing it may signal unnecessary urgency. She highlights a...
Atlanta Fed President Raphael Bostic suggests the Federal Reserve can afford to wait before adjusting monetary policy, citing a strong labor market with low unemployment rates. He ...
Federal Reserve's Thomas Barkin indicates major interest rate cuts are unlikely due to strong labor market indicators. He discusses the interplay between consumer spending, unemplo...
Federal Reserve Vice Chair Michelle Bowman forecasts three rate cuts this year, citing economic shifts and labor data. She emphasizes the importance of proactive policy adjustments...
The US saw an unexpected rise in initial jobless claims to 226,000, with insured unemployment hitting its highest since November 2021. The four-week moving average, however, showed...
Federal Reserve's Bostic discusses the implications of recent job data revisions, revealing economic turbulence and elevated labor market risks, while maintaining optimism about th...
Federal Reserve Bank of New York President John Williams discusses the resilience of the US labor market and steady inflation expectations, despite signs of cooling and tariff-rela...
US Treasury yields fell sharply, with the two-year note dropping 28 basis points after a disappointing nonfarm payroll report and the resignation of a Federal Reserve Governor, sig...
Federal Reserve officials Michelle Bowman and Christopher Waller highlight the risks of delaying interest rate cuts, emphasizing the importance of a gradual approach to safeguard t...
The US saw a slight increase in initial jobless claims to 218,000 for the week ending July 26, below analysts' expectations. The four-week moving average decreased, suggesting mark...
Germany's unemployment rate increased to 6.3% in July, with 2,979,000 people unemployed, marking a rise from the previous month and year. Underemployment figures also showed mixed ...
The Federal Reserve has decided to keep interest rates unchanged between 4.25% and 4.5% for the fifth time in a row, amid mixed economic signals including moderated growth and soli...
Federal Reserve Chair Jerome Powell discusses the uncertainty surrounding future interest rate decisions, emphasizing the Fed's reliance on government data and commitment to its in...
In June, the US job market saw a decrease in openings to 7.4 million, missing expectations. Hires and separations showed minor changes, while the quit rate remained stable, reflect...
US Treasury yields fell sharply after the Bureau of Labor Statistics reported a significant drop in job openings, indicating potential cooling in the labor market. The 10-year Trea...
The US Department of Labor reports a decrease in initial jobless claims to 217,000, with the 4-week average also dropping, signaling labor market resilience. The insured unemployme...
OpenAI CEO Sam Altman discusses the unpredictable effects of AI on the job market, suggesting that while some jobs will vanish, new opportunities will arise, transforming professio...
A study by LISEP reveals that the true unemployment rate in the U.S. may be as high as 24.3%, far exceeding the official 4.2% rate, by including those in part-time or low-wage jobs...
Initial jobless claims in the US fell to 227,000, marking a decrease of 5,000 from the previous week. The 4-week moving average also declined, indicating a positive trend in the la...
The US Department of Labor reports initial jobless claims remained steady at 229,000 for the week ending May 10, with the insured unemployment rate unchanged at 1.2%. The 4-week mo...
Australia's unemployment rate remained steady at 4.1% in April, with 89,000 jobs added. Full-time employment rose by 59,500, while part-time employment increased by 29,500. The emp...
South Korea's unemployment rate unexpectedly dropped to 2.7% in April, with employment numbers rising by 194,000. The employment rate for ages 15-64 also increased, reflecting posi...
The Federal Reserve has decided to maintain the federal funds rate at 4.25%-4.5%, citing solid economic expansion and a stable labor market, despite elevated inflation and increase...
Spain's unemployment rate dropped by 2.61% in April, the largest decrease since May 2022, with significant improvements across all economic sectors.
Spain's unemployment rate decreased by 2.61% in April, with 67,420 fewer people unemployed, marking the lowest decline since May 2022. Significant reductions were observed across a...
Spain's unemployment rate decreased by 2.61% in April, with 67,420 fewer unemployed people, marking the lowest decline since May 2022. Sectors like agriculture and services saw sig...
Spain's unemployment rate saw a significant 2.61% decrease in April, with 67,420 fewer unemployed, marking the lowest since May 2022. All sectors experienced declines, led by agric...
Spain's unemployment rate saw a notable decrease of 2.61% in April, with 67,420 fewer unemployed individuals, bringing the total to 2,512,718, as reported by the Spanish Ministry o...
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...
The latest report from the Department of Labor shows an unexpected increase in US initial jobless claims, with figures surpassing analysts' forecasts. The four-week moving average ...
