labor market News

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%...

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

Initial jobless claims in the US dropped by 9,000 to 215,000, signaling strength in the labor market. The 4-week moving average also decreased, while the insured unemployment rate ...

US Job Market Shows Resilience as Initial Jobless Claims Drop to 215,000

The US Department of Labor reports a decrease in initial jobless claims to 215,000, showcasing a resilient job market. The insured unemployment rate stays at 1.2%, with a slight up...

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 by 9,000 to 215,000, with the 4-week moving average also declining. The insured unemployment rate remains...

Cleveland Fed President Hammack Advocates for Steady Monetary Policy Amid Economic Uncertainties

Federal Reserve Bank of Cleveland President Beth Hammack emphasizes the need for steady monetary policy to balance inflation risks and labor market slowdown, amid uncertainties fro...

Fed Official Advocates for Steady Monetary Policy Amid Inflation and Labor Market Uncertainties

Federal Reserve Bank of Cleveland President Beth Hammack advocates for a steady monetary policy to balance inflation and labor market risks, citing uncertainties from new US trade ...

Significant Rise in Workers' Monthly Income to $320 in Q1: A Regional and Sectoral Analysis

The first quarter saw workers' average monthly income rise to $320, with growth across most regions and sectors. Urban areas and the agro-forestry-fishery sector showed significant...

UK Unemployment Holds Steady at 4.4% Amid Economic Uncertainties in February

The UK unemployment rate remained steady at 4.4% for the second consecutive month in February, matching analysts' expectations. This stability comes amid broader economic uncertain...

US Job Market Shows Slight Uptick: Initial Jobless Claims Rise to 223,000

Initial jobless claims in the U.S. increased slightly to 223,000, with the insured unemployment rate steady at 1.2%. The total unemployment claims decreased by 43,000, indicating a...

US Job Market Shows Slight Strain as Initial Jobless Claims Climb to 223,000

Initial jobless claims in the U.S. rose by 4,000 to 223,000 for the week ending April 5, while the insured unemployment rate dipped to 1.2% with a decrease in total unemployment fi...

Fed's Kashkari Warns of Economic Downturn Risks Despite Temporary Tariff Relief

Minneapolis Federal Reserve President Neel Kashkari warns of potential economic downturn due to uncertainty, despite a 90-day tariff pause. Market instability and labor market conc...

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 declining. The insured unemployment rate slightly increased, but th...

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

The US Department of Labor reports a decrease in initial jobless claims to 219,000, showcasing a resilient labor market. The insured unemployment rate slightly increased to 1.3%, b...

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 moving average also declining, signaling strength in the job market despite a sl...

US Job Market Holds Steady: 7.6 Million Openings in February Unchanged from January

The US labor market remained stable in February with 7.6 million job openings, unchanged from January. The hires and separations rates also showed no significant changes, indicatin...

US Labor Market Holds Steady: 7.6 Million Job Openings in February Mirror January Figures

The US labor market showed stability in February with 7.6 million job openings, unchanged from January. The JOLTS report indicated steady hires and separations, with a quits rate r...

BoE's Greene Warns: Slack in UK Labor Market Grows Amid Stubborn Wage Growth

Bank of England's Megan Greene discusses the growing slack in the UK labor market and persistent wage growth, alongside concerns over inflation expectations and supply weaknesses.

Eurozone Sees Slight Dip in Unemployment Rate to 6.1% in February, Signaling Economic Resilience

The Eurozone's unemployment rate slightly decreased to 6.1% in February, down by 0.1 percentage point from January, indicating a subtle improvement in the labor market amidst econo...