Unemployment

Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show
World

Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show

A “Help Wanted” sign hangs in a restaurant window in Medford, Massachusetts, Jan. 25, 2023. Brian Snyder | Reuters Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest in four years, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Job […]

Read More
New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle
World

New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle

New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022. Hagen Hopkins | Getty Images News | Getty Images New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signaled […]

Read More
Delayed September report shows U.S. economy added 119,000 jobs, more than expected; unemployment rate at 4.4%
World

Delayed September report shows U.S. economy added 119,000 jobs, more than expected; unemployment rate at 4.4%

A ‘Now Hiring’ sign sits outside the entrance to a Burlington department store on Nov. 19, 2025 in Miami, Florida. Joe Raedle | Getty Images The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the […]

Read More
British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves
World

British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves

Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images U.K. assets were volatile in morning trade on Tuesday, as investors weighed the economic impact of a weakening labor market ahead of a critical budget and the final interest rate decision of the year. Data released by […]

Read More
You’ve just been laid off because of AI — here’s what to do next
World

You’ve just been laid off because of AI — here’s what to do next

U.S. job cuts in October marked the worst layoffs since 2003, per a report from Challenger, Gray & Christmas. Jay Yuno | E+ | Getty Images AI-driven layoffs have become a dominant theme of 2025 as thousands of workers find themselves out of a job whilst companies go all-in on artificial intelligence. In October, tech […]

Read More
Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist
Travel

Expect an ‘extraordinary’ jump in Chinese tourism this Golden Week: Economist

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Erica Tay, economist at Maybank Investment Banking Group, discusses how “holiday stringing” would impact Chinese domestic and outbound tourism during the Golden Week holiday, and why she’s not overly concerned about unemployment in China being at a 6-month high. Source

Read More
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
World

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the […]

Read More
U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
World

U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

An attendee holds an “Entry Level Jobs” flyer at a City Career Fair hiring event in Sacramento, California, on Feb. 27, 2025. David Paul Morris | Bloomberg | Getty Images Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job […]

Read More
Recruiter: I’ve placed over 1,000 people into jobs–here’s the no. 1 ‘closing technique’ to nail your interview
World

Recruiter: I’ve placed over 1,000 people into jobs–here’s the no. 1 ‘closing technique’ to nail your interview

The unemployment rate for recent graduates reached 5.8% in March 2025, according to the Federal Reserve Bank of New York. baona | E+ | Getty Images Formal degrees aren’t cutting it anymore for some industries. Instead, many companies are prioritizing skills and experience-based hiring, Sarah Skelton, co-founder and managing director of staffing and recruiting firm […]

Read More
U.S. payrolls increased by 147,000 in June, more than expected
World

U.S. payrolls increased by 147,000 in June, more than expected

Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor […]

Read More