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EXPLAINED: 15 | Rare Historical Photos

US Unemployment Hits 4.6%: 7.8M Americans Jobless in 4-Year High

Unemployment reached 4.6%, a four-year high, amid 271,000 federal job losses and 909,000 trapped in part-time work. Black workers hit hardest at 8.3%.

International Business Times UK

Stocks Chop as the Unemployment Rate Jumps: Stock Market Today

November job growth was stronger than expected, but sharp losses in October and a rising unemployment rate are worrying market participants.

Kiplinger

The labor market's holiday present for America: the highest unemployment in 4 years. It might be 'noisy' but the jobs just aren't there

The November jobs report showed unemployment rose to a four-year-high.

Fortune

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FTSE 100 dips as BP and Shell fall amid oil slide

Figures from the ONS showed the unemployment rate rose to 5.1% in the three months to October, up from 5% in the three months to September.

Evening Standard

US Unemployment Jumps to 4.6% — Worst Surprise in Months

US unemployment unexpectedly rises to 4.6%, the highest in four years, as job growth slows and labour market pressures intensify in the latest US jobs report.

International Business Times UK

New jobs report shows over 100k jobs lost in October primarily due to federal layoffs

The jobs report was published late due to a 43-day federal government shutdown

The Independent UK

Unemployment hits 4-year high as frozen jobs data shows recession risks getting 'uncomfortably high,' top economist Mark Zandi says

Payroll growth for November came in at a modest 64,000. “There’s just no forward motion,” Moody’s chief economist told Fortune.

Fortune

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The Delayed November Jobs Report Is Out. Here's What It Means for the Fed and Rate Cuts

The November jobs report came in higher than expected, although it still shows plenty of signs of weakness in the labor market.

Kiplinger

Jobs Report Released: US Unemployment Continues to Climb Despite Promising Payroll Boost

U.S. employers added a modest number of jobs in November, but the unemployment rate climbed to its highest level in more than four years, signaling a labor market that continues to cool despite pockets of hiring.

International Business Times

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data

Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last month

The Guardian - US

With UK unemployment rising, will the government’s plan for young people pay off? An economist’s view

There are nearly one million young people in the UK who are not in employment, education or training (so-called Neets). After falling in number during the 2010s before the pandemic, this cohort of 16 to 24-year-olds has grown from 750,000 only six years ago. This is a worrying shift, for…

The Conversation

Stock Index Futures Muted in Run-Up to Key U.S. Jobs Data

December S&P 500 E-Mini futures (ESZ25) are down -0.06%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.14% this morning as investors exercise caution ahead of the release of the key U.S. jobs report, which will offer clues on the Federal Reserve’s policy path next year.

Barchart

Young people hit hard as UK unemployment marches upwards

Jobs market slowdown likely to become policy focus and will also have impact on interest rates decision

The Guardian - UK

London unemployment rises to 6.8%, highest in a decade outside the pandemic

Bank of England seen as almost certain to cut interest rates on Thursday as labour market cools

Evening Standard

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The Guardian - UK

UK unemployment rose to four-year high of 5.1% before budget

October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fell

The Independent UK

Starmer orders foreign interference review after ex-Reform leader in Wales jailed for pro-Russia bribes - latest

Housing secretary Steve Reed called Gill’s conduct ‘a stain on our democracy’

The Independent UK

Unemployment rate rises to 5.1% to hit 10-year high outside of Covid

Office for National Statistics says rate of unemployment is at its highest since early 2021

Evening Standard

Jobless rate rises to 5.1% as wage growth slips back further

The Office for National Statistics said the rate of unemployment rose to 5.1% in the three months to October – the highest since early 2021.

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Evening Standard

FTSE 100 Live 16 December: Rate cut seen as jobs market weakens, Brent Crude below $60

The rate of unemployment has risen to its highest level in almost a decade outside the pandemic as employers continue to shed jobs.

The Guardian - UK

Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payrolls rise by 64,000 in November but shrink by 105,000 in October

The Independent UK

Employers likely added 40,000 jobs in November as government releases report delayed by shutdown

The U.S. job market is sluggish and confusing this fall

The Guardian - UK

Young people bearing brunt of UK jobs downturn, thinktank warns

Resolution Foundation report comes in week when data is expected to show October unemployment rise

Latin Times

Latin America's Unemployment Falls to 15-Year Low, but Structural Gaps Persist, International Labour Organization Reports

Informality continues to dominate labor markets in the region, affecting 46.7 percent of all workers—nearly one in two people employed

The Independent UK

US jobless benefit applications jump to 236,000, but continuing claims are lowest since April

The number of Americans applying for unemployment benefits jumped last week, but the total number of those collecting benefits fell to the lowest level in eight months

AAP

Mixed employment report won't make RBA's job any easier

Unemployment and jobs growth figures for November tell differing stories about the strength of the labour market, providing little clarity for the Reserve Bank.

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