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Unemployment is a major concern for many countries around the world. A country's unemployment rate is the percentage of its labor force that is without work but actively seeking it. It is an important economic indicator, as it provides an insight into the overall health of an economy. Here you will find news, articles, and videos about unemployment rates from around the world.
New Zealand published a soft jobs report for Q2. Job growth declined by 0.1% and unemployment rate ticked up to 5.2%, the highest since 2020. We'll hear from three FOMC members later today, with investors hoping for some insights about the Fed rate path.
Canada’s unemployment rate was unchanged at 6.9% in July as employment across the country fell by 41,000 jobs. The employment decline during July was concentrated among youth aged 15 to 24 (down 34,000 positions), said Statistics Canada. Employment ...
Last week the Philippine Statistics Authority (PSA) released three important pieces of data: GDP performance in the second quarter (Q2) of 2025, which was 5.5%; the inflation rate in July, which was 0.9%; and the unemployment rate in June, which was 3.7%. The GDP growth of 5.5% was the third fastest among the top 50 […]
Unemployment rate in the current weekly status among persons aged 15 and above declined to 5.2% in July from 5.6% in June, according to the periodic labour force survey for July 2025. For rural areas, the unemployment rate dropped to 4.4% for July, declining for both males and females. For urban areas, it saw a modest uptick to 7.2% in July from 7.1% last month, led by males.
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy. In a high-profile speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. “The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance,” Powell said in prepared remarks.
“The stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance,” Powell said Friday in remarks prepared for the Fed’s annual conference in Jackson Hole, Wyoming. Traders added to bets on the US central bank’s rate cut next month as Powell delivered his speech.