labor market News

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...

Germany Sees a Slight Dip in Unemployment Rate to 6.3% in April, Signaling Economic Resilience

Germany's unemployment rate slightly decreased to 6.3% in April, with a mixed annual and monthly comparison showing resilience and challenges in the labor market.

Germany's Unemployment Rate Drops to 6.3% in April, Marking a Slight Improvement

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with the number of unemployed residents falling by 36,000 month-on-month but rising by 182,000 y...

Germany Sees a Slight Dip in Unemployment Rate to 6.3% in April Amid Economic Adjustments

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with 2.9 million unemployed residents. The underemployment rate also showed changes, indicating ...

Germany's Unemployment Rate Drops to 6.3% in April, Signaling Economic Resilience

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with 2.9 million unemployed residents. The underemployment rate also saw changes, reflecting the...

Germany's Unemployment Rate Drops to 6.3% in April, Marking a Slight Improvement

Germany's unemployment rate slightly decreased to 6.3% in April, with a reduction of 36,000 unemployed residents from March but an increase of 182,000 compared to April 2024. The u...

March Sees US Job Openings Dip to 7.2 Million, Slightly Below Expectations

In March, the US job market saw a slight decrease in openings to 7.2 million, missing expectations. Hires remained steady at 5.4 million, while separations and quits showed minor c...

US Job Market Shows Resilience with 7.2 Million Openings in March, Despite Slight Dip

In March, the US labor market showed resilience with 7.2 million job openings, a slight dip from February. Hiring remained steady at 5.4 million, while separations slightly decline...

March Sees US Job Openings Dip to 7.2 Million, Missing Analyst Predictions

In March, the US job openings slightly decreased to 7.2 million, missing analysts' expectations. The JOLTS report showed steady hires at 5.4 million, while total separations slight...

U.S. Jobless Claims Rise Slightly to 222,000, Signaling a Steady Labor Market

Initial jobless claims in the U.S. rose by 6,000 to 222,000, with the 4-week moving average slightly decreasing. The insured unemployment rate remained at 1.2%, indicating a stable...

U.S. Sees a Slight Uptick in Initial Jobless Claims, Signaling Potential Labor Market Shifts

Initial jobless claims in the U.S. increased by 6,000 to 222,000 for the week ending April 19, with the insured unemployment rate steady at 1.2%. The 4-week moving averages show sl...

Fed's Kashkari Warns: Tariffs Could Fuel Inflation and Stifle Economic Growth

Minneapolis Fed President Neel Kashkari discusses the inflationary impact of tariffs and the importance of data-driven monetary policy, while keeping a close eye on the labor marke...

India Launches Monthly Unemployment Reports to Enhance Economic Transparency Starting May 15

India will start publishing monthly unemployment data from May 15, shifting from quarterly and annual reports to enhance economic transparency. The initiative includes plans for br...

US Job Market Shows Resilience: Initial Jobless Claims Drop to 215,000, Signaling Economic Strength

The US labor market shows signs of strength as initial jobless claims drop to 215,000, with the 4-week moving average also decreasing. The insured unemployment rate remains at 1.2%...