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FORGOTTEN HISTORY: 35 | History Defined

Robust March jobs report signals the economy is starting from a 'position of strength' if Trump tariffs spark downturn

In March, the U.S. added 228,000 jobs, while the unemployment rate ticked up to 4.2%.

Fortune

US Fed Chair Warns Tariffs Will Likely Raise Inflation, Cool Growth

US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday.

International Business Times

US added 228,000 jobs in March despite Trump’s deep cuts to federal workforce

Figure up from 117,000 jobs added in February, far higher than expected, as unemployment rose slightly to 4.2%

The Guardian - US

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Unemployment benefits for striking workers being considered in Oregon, Washington

Lawmakers in Oregon and Washington are considering whether striking workers should receive unemployment benefits

The Independent UK

Fewer Americans file for jobless benefits last week as labor market continues to show strength

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years

The Independent UK

Living in ‘garbage time’: when 500 million Chinese change their spending habits, the world feels it

China’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined from 8.4% in 2021 to 4.5% today, youth unemployment has climbed to 16.9%, and cities are filled with unfinished buildings after the collapse of property developer Evergrande in 2024.

The Conversation

Stock Index Futures Slip Ahead of U.S. Tariffs Announcement, JOLTs Report and PMI Data on Tap

June S&P 500 E-Mini futures (ESM25) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.25% this morning as investors prepare for U.S. President Donald Trump’s tariff announcements while also awaiting the latest reading on U.S. job openings and manufacturing sector surveys.

Barchart

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Stock Index Futures Gain Ahead of U.S. Tariffs Announcement, JOLTs Report and PMI Data on Tap

June S&P 500 E-Mini futures (ESM25) are up +0.12%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.24% this morning as investors await the latest reading on U.S. job openings and manufacturing sector surveys.

Barchart

Supreme Court seems likely to side with Catholic Charities in religious-rights case

The Supreme Court appears to be leaning toward a Catholic charitable organization pushing back against the state of Wisconsin in the latest religious rights case to come before the court

The Independent UK

23% of South Africa’s children suffer from severe hunger: we tested some solutions – experts

A 2024 Unicef report found that 23% of South African children experience severe food poverty, eating less than two of the recommended five food groups per day. Unemployment, food insecurity, limited access to basic services and a lack of knowledge about nutrition all contribute to this. The lead researcher of…

The Conversation

Just a few years into joining the world of work, 4 in 10 Gen Zers are ready to quit and survive on unemployment benefits instead

Many Gen Z workers are already over the nine-to-five grind of work. A PwC report warns that the huge pool of unemployed young people—or NEETs—is about to get bigger.

Fortune

Stock Index Futures Slip on Tariff Uncertainty Ahead of U.S. PCE Inflation Data

June S&P 500 E-Mini futures (ESM25) are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.32% this morning as market participants remain cautious amid uncertainty surrounding U.S. tariffs while also awaiting the release of the Federal Reserve’s first-line inflation gauge.

Barchart

New workers’ rights plan is anti-business and will harm growth, critics warn

Shadow business minister Lord Hunt of Wirral argued that Labour’s 299-page Employment Rights Bill should be called the Unemployment Bill.

Evening Standard

A new Supreme Court case could totally change which employers have to pay into unemployment benefits

Catholic Charities v. Wisconsin could end unemployment benefit contributions for organizations with religious affiliations.

Fortune

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The Guardian - UK

UK pay growth remains high, making interest rate cut less likely

Unemployment was level in January, but has risen over the past six months

Evening Standard

FTSE 100 Live 20 March: Jobs market shows resilience, Bloomsbury and Wickes shares surge

Encouraging updates by Crest Nicholson, Bloomsbury Publishing and Wickes today powered their shares during a lacklustre session for the FTSE 100 index.

International Business Times UK

Nasdaq Composite Jumps 400 Points After US Fed Keeps Rates Unchanged, Forecast Two Rate Cuts in 2025

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.

AAP

Why shock drop in jobs won't shift RBA rate cut bets

Fewer older Australians returned to work in February, driving a surprise fall in jobs and workforce participation but the labour market remains tight overall.

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The Conversation

Why international students could be a critical factor in bolstering Canada’s economic resilience

For decades, international students have contributed to Canada’s research enterprise, workforce development and economic growth.

The Conversation

Rescuing Nigeria: how to break the cycle of decline and bring progress

Nigeria has abundant human and natural resources but remains mired in underdevelopment. There are high levels of poverty, corruption, unemployment and inequality. The country is currently witnessing a rise in ethnic militias and terrorism, adding to the threats posed by armed herdsmen’s deadly clashes with rural communities over land.

AAP

Jobs market to hold strong in face of tariff threat

Australia's unemployment rate is expected to stay remarkably low when jobs data is released on Thursday, as the Reserve Bank considers more rate cuts.

The Independent UK

Putting top doctors in areas with high unemployment sees waiting lists plummet

Expert clinicians are being dispatched to areas with high levels of unemployment

Fortune

Here’s when AI will launch a decade-long cycle of economic growth and productivity gains

The bank predicts that productivity and GDP gains will start two years from now in 2027 and continue through most of the 2030s.

The Independent UK

Mini liquor bottles, snack sizes: What are the early signs of a recession?

Economists define a recession as a ‘significant decline in economic activity’ across the market that lasts for more than a few month

The Independent UK

Laid-off federal workers are overwhelming states with unemployment requests, putting a strain on finances

Some states, such as Maryland, are receiving 30 to 60 unemployment assistance requests from federal workers per day

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