labor market News

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...

BoE's Megan Greene Warns of Labor Market Slack Amid Persistent Wage Growth Concerns

Megan Greene of the BoE discusses the slack in the UK labor market and persistent high wage growth, alongside concerns over inflation and weak supply. US tariffs may disinflate the...

Japan's Job Market Shows Resilience: Unemployment Rate Dips to 2.4% in February

Japan's unemployment rate slightly decreased to 2.4% in February, meeting expectations and showing a minor improvement from the previous month. The job openings ratio also dipped, ...

Germany's Unemployment Rate Dips to 6.3% in March, Signaling a Slight Economic Improvement

Germany's unemployment rate slightly decreased to 6.3% in March, with a minor drop from February but an increase compared to last year. Underemployment also rose, indicating mixed ...

US Job Market Shows Resilience as Initial Jobless Claims Dip to 224,000

The US labor market shows signs of strength as initial jobless claims decrease to 224,000, with the 4-week average also declining. The insured unemployment rate remains steady at 1...

US Job Market Shows Resilience as Initial Jobless Claims Dip to 224,000

The US Department of Labor reports a slight decrease in initial jobless claims to 224,000 for the week ending March 22, with the 4-week moving average also declining. The insured u...

Slight Dip in US Jobless Claims: A Glimpse into the Labor Market's Resilience

The US Department of Labor reported a slight decrease in initial jobless claims to 224,000 for the week ending March 22, with the 4-week moving average also declining. The insured ...

US Job Market Shows Resilience: Initial Jobless Claims Dip to 224,000, Beating Expectations

The US Department of Labor reports a slight decrease in initial jobless claims to 224,000 for the week ending March 22, with the 4-week moving average also declining. The insured u...

Fed's Musalem Warns: Labor Market Nears Full Employment Amid Inflation Risks

Federal Reserve Bank of St. Louis President Alberto Musalem announces the labor market is at or near full employment, with inflation risks due to tariffs and other factors. He warn...

Fed's Kashkari Doubts Cryptocurrency's Legitimacy Beyond Speculation and Regulation Evasion

Federal Reserve Bank of Minneapolis President Neel Kashkari criticizes cryptocurrency for lacking legitimate uses beyond speculation and regulation evasion, while discussing ongoin...

Fed's Kashkari Dismisses Cryptocurrency Use Cases Amid Inflation Battle

Federal Reserve's Neel Kashkari criticizes cryptocurrency for lacking legitimate uses beyond speculation and regulatory evasion, while discussing inflation challenges and labor mar...

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...

Fed's Williams Advocates for Current Policy Stance Amid Economic Uncertainty

Federal Reserve Bank of New York President John Williams discusses the current monetary policy stance as appropriate amidst economic uncertainty, highlighting a robust labor market...

Powell Highlights Tariffs' Role in Rising Inflation Expectations Amid Strong Labor Market

Federal Reserve Chair Jerome Powell discusses the significant role of tariffs in rising inflation expectations, amidst a strong labor market and policy uncertainties.

US Job Market Shows Resilience: Initial Jobless Claims Dip to 220,000

The US labor market remains robust with initial jobless claims dropping to 220,000, signaling a steady economic recovery. The insured unemployment rate holds at 1.2%, reflecting a ...

US Job Market Shows Resilience: Initial Jobless Claims Dip to 220,000

The US labor market shows resilience as initial jobless claims drop to 220,000, with the insured unemployment rate steady at 1.2%. Despite a slight increase in the 4-week moving av...

Fed's Kugler Suggests Interest Rates May Remain Steady Amid Inflation Concerns

Federal Reserve Governor Adriana Kugler suggests that interest rates may remain unchanged for some time due to inflation concerns. She supports the FOMC's decision to maintain the ...

Over 89 Million Women Excluded from Labor Market in 2023-24: A Deep Dive into the Challenges

Despite a 10% rise in urban women's employment, over 89 million women remained out of the labor market in 2023-24. Social constraints and the need for affordable childcare infrastr...

Fed's Bowman Highlights Labor Market as Key Factor in Future FOMC Policy Decisions

Michelle Bowman of the Federal Reserve discusses the growing importance of labor market conditions in shaping future FOMC policy decisions, highlighting a shift from focusing solel...

US Job Market Shows Resilience: Jobless Claims Drop to 221,000

The US labor market shows signs of improvement as jobless claims drop to 221,000, below analysts' expectations. The insured unemployment rate remains steady, but there's a slight i...

US Sees Significant Drop in Jobless Claims, Signaling Economic Resilience

The United States has seen a significant decrease in jobless claims, with a drop of 21,000 to 221,000 for the week ending March 1, surpassing analysts' expectations. The insured un...

US Economic Activity Shows Slight Improvement Amidst Tariff Concerns

The Federal Reserve's Beige Book reports a slight increase in US economic activity since January, with mixed performances across districts. Labor market remains stable, but concern...