labor market News

Fed's Williams Highlights Strong Labor Market and Anchored Inflation Expectations Amid Cooling Signs

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 Plunge: 2-Year Note Dives 28 Basis Points Amid Economic Shifts

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...

Fed Officials Warn of Economic Risks in Holding Off on Rate Cuts, Urge Gradual Approach

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...

Unexpected Rise in US Jobless Claims: A Closer Look at the Latest Labor Department Report

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 Rises to 6.3% in July, Marking a Significant Monthly Increase

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 ...

Federal Reserve Holds Steady: Interest Rates Remain Unchanged Amid Economic Uncertainty

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...

Powell Uncertain on Future Fed Rate Decisions Amid Mixed Economic Signals

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...

June Sees a Dip in US Job Openings to 7.4 Million, Missing Market Expectations

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...

Weak Jobs Data Sparks Drop in US Treasury Yields: A Sign of Economic Cooling?

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...

US Job Market Shows Resilience: Initial Jobless Claims Drop to 217,000, Signaling Economic Strength

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...

Sam Altman Predicts Unpredictable Future of AI on Jobs: What Comes Next?

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...

Shocking Study Reveals: 1 in 4 Americans Struggle with Functional Unemployment Despite Official Low Rates

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...

US Job Market Shows Resilience: Initial Jobless Claims Drop to 227,000, Signaling Economic Strength

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...

US Jobless Claims Hold Steady at 229,000: A Sign of Economic Stability?

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 Job Market Holds Steady: Unemployment Rate Stays at 4.1% in April

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 April Unemployment Rate Hits Record Low, Sparks Economic Optimism

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...

Federal Reserve Holds Steady: Interest Rates Remain at 4.25%-4.5% Amid Economic Uncertainty

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 Sees Significant Drop in Unemployment: A 2.61% Decrease in April

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 Drops Significantly: A 2.61% Decrease in April Marks a Turning Point

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 Sees a Significant Drop in Unemployment Rates: A 2.61% Decrease in April

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 Drops Significantly: A 2.61% Decrease in April Signals Economic Recovery

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 Sees Significant Drop in Unemployment Rates: A 2.61% Decrease in April

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 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...

Unexpected Rise in US Jobless Claims: A Closer Look at the Latest Labor Department Report

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 ...

Unexpected Spike in US Jobless Claims: A Closer Look at the Latest Labor Department Report

The US Department of Labor reported an unexpected rise in initial jobless claims to 241,000, exceeding forecasts. The four-week moving average and insured unemployment rate also in...

Unexpected Surge: US Initial Jobless Claims Jump by 18,000, Signaling Economic Turbulence Ahead

The US saw a significant rise in initial jobless claims, with an 18,000 increase to 241,000, exceeding forecasts. The four-week moving average and insured unemployment rate also cl...

Surge in US Jobless Claims: Initial Filings Rise by 18,000 to 241,000, Exceeding Expectations

The US saw an unexpected rise in initial jobless claims to 241,000, exceeding forecasts. The four-week moving average and insured unemployment rate also increased, indicating poten...

Unexpected Surge in US Jobless Claims: A Closer Look at the Latest Labor Department Report

The latest report from the US Department of Labor shows an unexpected increase in initial jobless claims, with figures rising to 241,000 for the week ending April 26, surpassing an...

Unexpected Surge in US Jobless Claims: A 18,000 Leap to 241,000 Sparks Concern

The US Department of Labor reports an unexpected rise in initial jobless claims by 18,000 to 241,000 for the week ending April 26, exceeding forecasts. The four-week moving average...

Surprising Spike in US Jobless Claims: An 18,000 Increase to 241,000 Signals Economic Shifts

The US saw an unexpected rise in initial jobless claims by 18,000 to 241,000, exceeding forecasts. The four-week moving average and insured unemployment rate also increased, indica...

US Mortgage Applications Dip by 4.2% Amid Economic Uncertainty and Labor Market Concerns

The Mortgage Bankers Association reports a 4.2% weekly decline in US mortgage applications, with economic uncertainty and labor market concerns cited as key factors. Interest rates...

Weekly US Mortgage Applications Dip by 4.2% Amid Economic Uncertainty and Labor Market Concerns

The US saw a 4.2% weekly decline in mortgage applications, with the average interest rate for 30-year fixed-rate mortgages slightly decreasing to 6.89%. Economic uncertainty and la...