Trump: Rise in jobless rate OK since it's fueled by federal job cuts
President Trump, hoping to boost his ratings on the economy, says a recent increase in the unemployment rate is OK because the change is due to a drastic reduction in the federal…
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jobless
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an unexpected spike in unemployment bolstered views of…
Fed caught between inflation concerns and soaring jobless claims
The Federal Reserve faces a huge test this month as it weighs the state of the economy under President Trump, with inflation running a bit hotter than desired but a worsening jobs…
Jobless claims rise and private employers slow down hiring in August
The number of Americans filing new applications for unemployment benefits increased more than expected last week, while hiring by private employers slowed in August, offering further…
Canada's jobless rate jumps to near 8-year high of 6.8% in November
OTTAWA (Reuters) - Canada's unemployment rate rose more than expected to 6.8% in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs,…
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia advanced after reporting upbeat quarterly results…
As President Milei's austerity hits hard, jobless Argentines appeal to the patron saint of work
BUENOS AIRES, Argentina (AP) — Struggling to feed her family after losing her job as a cleaner earlier this year, 56-year-old Norma Villarreal went to church Wednesday in the hardscrabble…