Posts Tagged ‘unemployment’

“We Need To See Pain… Unemployment Has To Jump 40–50%”

By Benjamin Picton Senior Macro Strategist at Rabobank […] The moves in commodity prices have not been lost Source

Estimates Of China’s Youth Unemployment Hit 50%

Estimates Of China’s Youth Unemployment Hit 50% By Eric Peters, CIO of One River Asset Management “The younger generation must inherit and carry forward the spirit of self-reliance, and hard work, abandon arrogance, and engrave the passion of youth in the water just like our parents did, on the monument of history,” declared Xi, some […]

Saudi Arabia fastest-growing G20 economy, amid low unemployment rate – IMF

Saudi Arabia is the fastest-growing economy amongst G20 nations, with its unemployment rate having hit a record low, a report by the International Monetary Fund (IMF) has stated. According to the IMF report, released yesterday, Saudi Arabia’ overall economic growth reached 8.7 per cent last year due to a number of factors, including strong oil […]

Civil Unrest Fears Grow As Youth Unemployment Accelerates

In nearly every country in the world, youth unemployment is much higher than general unemployment. Unfortunately, the pandemic only exacerbated matters. During a crucial stretch of their early careers, young adults were locked out of entry-level jobs, destroying their ability to pick up work experience and potentially impacting their long-term earnings. Now, nearly three years after COVID-19 […]

Greek unemployment was unchanged at 11.6% in December

Greece’s jobless rate stood at 11.6% in December, unchanged from an upwardly revised 11.6% in November, data from statistics service ELSTAT showed on Wednesday. Seasonally adjusted data showed 545,372 people were officially unemployed, with those under the age of 24 the hardest hit. The reading was the lowest recorded since January 2010 – at the… […]

Greek unemployment rate fell in December, inflation fell in January

The Greek unemployment and inflation rates fell in December and January respectively. Unemployment in Greece fell to 11.6% of the workforce in December 2022 from 12.9% in December 2021. This figure remained unchanged from November 2022, the Hellenic Statistical Authority said on Wednesday. More specifically, the number of unemployed people totaled 545,372, down 9.5% from… […]

In Confidential Memo, Treasury Secretary Janet Yellen Celebrated Unemployment as a “Worker-Discipline Device”

In June 1996, Janet Yellen — then a member of the Federal Reserve Board of Governors, later chair of the Fed herself, and currently secretary of the Treasury — wrote an extraordinary memo to then-Fed Chair Alan Greenspan. Anyone who wants to understand how the world works should read it, and thank Tim Barker, a […]

Unemployment Among Talking Candies Hits Record High Under Biden Administration

U.S. — The Biden administration is facing pressure from labor activists following a report by the Labor Department that record-high unemployment has hit the talking candies sector. Many are saying this is due to Mars, Inc. firing their M&M’s spokescandies and hiring Maya Rudolph instead. Source

America Added 315,000 Jobs in August, Unemployment Rises to 3.7%

Economists had expected the economy to add 298,000 jobs and the unemployment rate to hold steady at 3.5 percent.

US Economy Adds 315,000 New Jobs, Unemployment Rate Rises as Labor Market Tightens

The U.S. labor market could be showing signs of slowing down after the economy added 315,000 new jobs in August, down from the revised 526,000 in July. According to the Bureau of Labor Statistics (BLS), the unemployment rate edged higher to 3.7 percent, up from 3.5 percent. Economists had forecast a gain of 300,000 new […]

Fed Officials See Lower Growth and Higher Unemployment, Inflation, and Interest Rates

Fed officials revised their views significantly since the March meeting but still seem optimistic about the chances of a soft-landing.

Unemployment Jumps for Black and Hispanic Women

Unemployment was up for black women, Hispanic women, black teenagers, and Hispanic teenagers.

U.S. Economy Added 390,000 Jobs in May, Unemployment Steady at 3.6%

Economists had expected the economy to add 323,000 jobs and the unemployment rate to tick down to 3.5 percent.

An estimated $163 billion from pandemic unemployment benefits were misspent or stolen – report

Sareena Brown-Thomas had just arrived home from her shift as a custodian when she noticed an envelope in the mail from the D.C. government. Bearing her name, address and the last four digits of her Social Security number, the letter inside said she had been awarded unemployment benefits — a problem, she later recalled, since […]

The U.S. Economy Added 428,000 Jobs in April, Unemployment at 3.6%, But Participation Rate Fell

Economists had expected the economy to add 400,000 jobs and the unemployment rate to come in unchanged from the prior month at 3.6 percent.

The Problem  of Unemployment

Shikha Pal An advertisement of Bhartiya Janata Party government in Uttar Pradesh proclaims, ‘Educated woman is our resolve, She is an alternative for golden future.’ However, an educated woman Shikha Pal is perched on top of an overhead water tank for more than hundred days at the height of about hundred feet aspiring to become […]

Unemployment Rate Among Cuomo Brothers Rises To 100%

NEW YORK, NY—The U.S. Bureau of Labor Statistics is reporting a drastic rise in the unemployment rate among brothers in the Cuomo family, saying it has increased to a record 100%. “This is unprecedented among Cuomos,” said BLS Commissioner Bob Labor. “Contributing factors may include a struggling economy, as well as the fact that they’re both corrupt skeezy […]

Nevada Unemployment has Embezzled Benefits from the Third Stimulus: Which made me Homeless since MAY.

Thanks, PURP. I cannot believe I am still hanging on after years of just constant attacks. This is what happens when you whistleblow, something so easy becomes impossible. I am going to make sure that these criminals in Nevada Government who are stealing the citizen’s money will pay, and go to jail for Treason. This […]

Manufacturing Unemployment: Net-Zero Target Will Destroy 650,000 Australian Jobs

Iowa Climate Science Education Net-zero carbon dioxide targets are all about giving more subsidies to unreliable wind and solar which inevitably drive power prices through the roof. Increase power prices, as with any input cost, and profits inevitably diminish. Meaningful employment depends upon healthy and sustainable profits. So, as any student of that dismal science […]

Most New York Healthcare Workers Fired Over Vaccine Mandate Won’t Get Unemployment Insurance

By Kelly Gooch of Becker’s Hospital Review Healthcare workers who are fired for refusal to comply with the state’s COVID-19 vaccination mandate likely won’t be eligible for unemployment insurance, according to state officials. In a statement released Sept. 25, New York Gov. Kathy Hochul’s office said the New York Department of Labor has issued guidance to clarify […]

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