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Discover Latest #Unemployment Rate News, Articles and Videos with Contenting
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.
A Bullish Job Market In The US May Inspire More Crypto Adoption, NFT Expert Says - Benzinga
Anndy Lian, the author of "NFT: From Zero to Hero," considers last week's jobs data report — which showed a remarkable increase in non-farm payrolls and a marginal uptick in the unemployment rate<
Yet Another Month of Questionable Federal Jobs Data as 310,000 Fewer People Report Having Jobs | Mises Wire
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 339,000 jobs in May, well above forecasts. The unemployment rate rose slightly from 3.4 percent to 3.7 percent (month over month).
PHL unemployment rate hits 4-month low in April, but job quality declines - BusinessWorld Online
By Bernadette Therese M. Gadon, Researcher The country’s unemployment rate fell to its lowest in four months in April, but the quality of jobs slightly deteriorated, the Philippine Statistics Authority reported on Friday. The unemployment rate fell to 4.5% in April from 4.7% in March and 5.7% in April of last year, according to preliminary […]
Baystreet.ca - Canada’s Unemployment Rate Rose To 5.2% In May
Canada’s unemployment rate rose 0.2 percentage points to 5.2% in May, its first increase since August 2022. Statistics Canada said that overall employment was little changed across the country in May as employment declined by 77,000 positions (-2.8%) ...
USD/CAD - Canadian Dollar Extends Gains Despite Weak Job Data - Action Forex
The week wrapped up with Canada’s May employment report, which usually is released at the same time as the US job data, but had the spotlight to itself today. The data was a disappointment. Canada’s economy shed 17,300 jobs, all of which were full-time positions. This followed an increase of 41,400 in April and missed the consensus of a gain of 23,200. The unemployment rate rose from 5.0% to 5.2%, the first rise since August 2022.
Canada's Labour Market Sheds Jobs in May - Action Forex
Today's negative print ends a streak of eight months of job gains. While most of the job losses were concentrated in the younger age cohort (15-24 year-olds), the drop in full-time jobs and reduction in hours worked point to weakness under the hood. The question is now: Is this a one off or the start of a trend? The labour market had been defying gravity for months and was bound for some giveback. Our forecast implies that the massive job gains of prior months are behind us, causing the unemployment rate to rise towards 6% by the end of this year.
Canada employment down -17.3k in May, unemployment rate rose to 5.2% - Action Forex
Canada employment dropped -17.3k, or -0.1% mom in May, worse than expectation of 21.2k growth. That compared to average 33k monthly growth from February to April. Employment was down -30k in the services-producing sector, and up 23k in the goods-producing sector.