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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.
In February, UK payrolled employment rose by 21k (0.1% mom). However, median monthly pay growth slowed to 5.0% yoy from 6.0%, reinforcing signs that wage pressures are gradually easing. However claimant count, surged 44.2k, far exceeding expectations of 7.9k.
There’s a widespread perception that trade with China caused increased unemployment in America. This is false. Imports from China did reduce jobs in some industries, but this did not have any effect on the overall unemployment rate, as even more jobs were generated in other industries. Last year, the Chinese trade surplus rose to nearly […]
TweetMy intrepid Mercatus Center colleague, Veronique de Rugy, writes realistically about the state of the American economy. Three slices: For one thing, for all the talk of job losses and economic decline, it’s worth remembering that the unemployment rate is a very low 4.1%, and real wages (those adjusted for inflation) have been growing. If […]
US employers probably tempered their hiring in March, just as consumers grow increasingly cautious and the economic outlook dims on concerns about the fallout from higher tariffs. Payrolls rose by 138,000, below the 151,000 increase a month earlier, according to the median projection of economists surveyed by Bloomberg. That would leave average job growth over the past three months at the slowest pace since October. The unemployment rate is seen holding at 4.1%.