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THE TRUTH ABOUT: 41 | History Defined

Australian shares edge higher, unemployment steady

The ASX200 was up almost half a per cent at midday, as financials staged a modest rebound after a weak performance on Wednesday.

AAP

Steady Australian unemployment rate makes near-term interest cut unlikely

The jobless rate in October was 4.1%, according to the Australian Bureau of Statistics

The Guardian - AU

It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates

It is quite infuriating now, as we look back with total hindsight at the Reserve Bank’s concerns

The Guardian - AU

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Scotland’s unemployment rate falls as UK sees increase

SCOTLAND’S unemployment rate fell by 1.1 percent in the third quarter of 2024, new figures have shown ...

The National (Scotland)

London unemployment jumps to its highest rate in more than three years

The jobless rate has been rising more quickly in London than in other regions over recent months

Evening Standard

UK jobs market cools as businesses warn over budget hit to hiring and prices

Rise in unemployment comes amid concerns over increase in employers’ national insurance contributions

The Guardian - UK

UK grocery inflation picks up to 2.3%; unemployment rises while regular wage growth slows – as it happened

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The Guardian - UK

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Wage growth slows further as unemployment rises – ONS

The ONS said average regular earnings growth eased back to 4.8% in the three months to September.

Evening Standard

Trump Inherits Strong Economy, Faces Decision On Infrastructure Projects

President-elect Trump poised to lead amidst a strong economy, low unemployment, and infrastructure projects, with a focus on renewable energy and economic ...

Top News

FTSE 100 Live 12 November: Vodafone and AstraZeneca results fail to revive shares, Metro Bank fined £16m

Cracks are appearing in the labour market after the unemployment rate today rose to 4.3%.

Evening Standard

America solved veterans’ unemployment within a decade—but ‘underemployment’ continues to hold back their talents

With national unemployment rates at historically low levels, veteran unemployment is now even lower, dropping to 2.8% last month.

Fortune

Trump Victory Poses Challenges For The Fed's Independence

Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference.

International Business Times

AI may displace 3m jobs but long-term losses ‘relatively modest’, says Tony Blair’s thinktank

Rise in unemployment in low hundreds of thousands as technology creates roles, Tony Blair Institute suggests

The Guardian - UK

Federal Reserve Concerned About Potential Impact Of Trump's Policies

Federal Reserve monitoring impact of Trump's policies on economy's soft landing and inflation control.

Top News

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AAP

New Zealand joblessness jumps again to reach 4.8 pct

Unemployment in New Zealand continues to steadily climb towards an expected peak of about 5.5 per cent in mid-2025.

Al Jazeera

US election 2024: The key issues driving votes in the swing states

We take a look at the major talking points in the battleground states and both candidates’ stance on them.

AAP

February rate cut hopes hinge on jobs market softening

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

The Guardian - US

If the US is heading for a soft landing, why do people feel so hard up?

Economists say the US may achieve a so-called ‘soft-landing’. Why are Americans still feeling so hard up?

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Al Jazeera

‘Selling juice after getting PhD’: Desperation in Kashmir over lack of jobs

Realities on ground belie claims of economic prosperity after New Delhi imposed direct control over the region in 2019.

Top News

Former President Trump Falsely Claims Migrants Taking Black Americans' Jobs

Former President Trump falsely claims undocumented migrants are displacing Black Americans from jobs, despite data showing a decrease in Black unemployment...

Top News

Teen Unemployment Rate Drops To 13.8% In October

Explore the fluctuations in teenage unemployment rates in the US and the potential impact of policy changes on teen employment opportunities.

Kiplinger

Jobs Growth Stalls Amid Hurricanes and Strikes: What the Experts Are Saying

A dismal October payrolls print supports the case for a slow and steady pace of rate cuts.

Top News

US Stocks Surge Despite Disappointing Jobs Report

US stocks resilient despite lackluster jobs report. Investors focus on tech earnings. Nonfarm Payrolls decline. Unemployment stable. Investors await Fed's ...

The Independent UK

Final jobs report before 2024 election shows lackluster numbers amid hurricanes, strikes

The unemployment rate remained virtually unchanged as the economy adds only 12,000 jobs

Top News

Understanding The Relationship Between Job Growth And Unemployment Rate

Learn about the recent job market report in the U.S., highlighting the complexities of interpreting labor market data and the resilience of the economy.

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Margherita Della Valle

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