Tag

Unemployment

All articles tagged with #unemployment

politics8 days ago•6 min saved

Satirical Cockroach Janta Party gains traction as online youth protest in India

After the Supreme Court chief justice likened unemployed youths to cockroaches, Abhijeet Dipke launched the Cockroach Janta Party as a satirical online movement. It quickly amassed millions of followers, attracted high-profile sign-ups (including Mahua Moitra and Kirti Azad), and has become a pointed critique of unemployment, media manipulation, and the Modi government, turning a joke into a real, if unofficial, political force.

via Al Jazeera|

#cockroach-janta-party #gen-z #indian-politics

technology9 days ago•6 min saved

Graduates Push Back on AI Hype as Job Anxiety Grows

Public attitudes toward AI are turning skeptical as new graduates and workers fear automation could threaten entry-level jobs, with backlash at commencements and data showing persistent labor-market anxiety despite AI’s touted productivity gains.

via CBS News|

#artificial-intelligence #commencement #labor-market

education11 days ago•38 min saved

Gen Z doubts college, but data shows degrees still shield workers from unemployment

Despite Gen Z’s skepticism about higher education, two decades of U.S. Bureau of Labor Statistics data show graduates—especially bachelor’s degree holders—remain the least likely to be unemployed and earn more on average than those without a degree. The degree advantage persists since 2006, even as many graduates feel underemployed and burdened by debt, while some hiring practices hint at removing degree requirements—but in practice, degrees still influence hiring and career outcomes.

via Fortune|

#career #education #genz

economy15 days ago•2 min saved

Traders Put Nearly 40% Chance on Stagflation by 2026

Kalshi traders now assign about a 40% probability of stagflation (high inflation with higher unemployment) by end-2026, up from 11% earlier, as April CPI hits 3.8% and unemployment sits at 4.3%; the odds of a soft landing are down to ~21%, with different views on inflation and outcomes from other markets like Polymarket.

via CNBC|

#economy #inflation #kalshi

business15 days ago•312 min saved

Gas prices squeeze budgets as April retail shows mixed demand

Americans are paying more at the pump as gas prices rise amid international tensions, while April retail sales rose 0.5% from March. Gas-station sales jumped 2.8% after March’s 13.7% surge, even as purchases at furniture stores, auto dealers, department stores and clothing shops declined. The core “control group” rose 0.46%, indicating underlying demand remains solid despite price spikes. The labor market remains healthy with unemployment at 4.3% and 115,000 jobs added in April, suggesting spending resilience for now, though extended high energy costs could weigh on budgets later in the year.

via CNN|

#business #consumer-spending #durable-goods

economy19 days ago•22 min saved

April Jobs Surprise Highlights Uneven Recovery Amid Revisions

April payrolls rose 115,000 versus 65,000 expected, with the unemployment rate steady at 4.3% and 7.4 million unemployed, but revisions to prior months and sector skews suggest a more uneven underlying labor market than the headline suggests, leaving investors weighing continued job growth against data revisions and ongoing workplace shifts.

via 24/7 Wall St.|

#economy #investing #jobs-report

lifestyle20 days ago•4 min saved

Losing a Job Abroad Sparked a Reinvention: Startups, Beekeeping, and a New Life

A Canadian expat in Germany loses her job in January 2025, triggering an identity crisis and the challenge of securing unemployment benefits on a work visa. She rebuilds with a strict daily routine, collaborates with former colleagues to launch a data-science startup, and expands a beekeeping business with her husband. Despite financial strain, she pursues personal goals (yoga teacher training, running) and the value of community, ultimately finding more purpose and stability a year later.

via Business Insider|

#beekeeping #expat #germany

business20 days ago•5 min saved

Strong Jobs Gain, Yet Supply Gaps Cloud Market Rally

April payrolls rose 115,000 with unemployment at 4.3% and wages up 3.6%, even as labor-force participation falls and the labor share of income hits a record low; markets hit new highs on earnings and tech leadership, but El-Erian warns a geoeconomic ceiling could emerge if energy tensions persist and inequality worsens. Consumer confidence is at a record low despite spending, and the Fed is expected to hold rates for now with Warsh taking the helm while Powell stays on the board.

via PBS|

#business #jobs-data #labor-market

economy20 days ago•2 min saved

Resilient April Jobs Report Signals Steady U.S. Labor Market Amid Middle East Tensions

U.S. employers added 115,000 jobs in April and the unemployment rate held at 4.3%, a surprise gain led by healthcare, transportation/warehousing, retail and social assistance, with losses in federal government and information sectors. March was revised up to +185,000 and February down to -156,000. ADP private payrolls rose 109,000, the largest gain since January 2025. The data comes as the Fed keeps rates steady amid ongoing Middle East conflict and higher oil prices, fueling uncertainty about policy direction.

via The Guardian|

#april-2025 #economy #federal-reserve

business21 days ago•3 min saved

US job growth surprises again, fueling hopes for a Fed pause

The US added 115,000 jobs in April, beating economists’ expectations for the second straight month, while the unemployment rate stayed at 4.3%. Revisions show three-month average gains of about 48,000, hinting the labor market remains sturdy. Strong hiring in retail and transportation/warehousing helped lift stocks, even as wage growth was modest and energy prices rose on a Middle East tensions-driven spillover. The report supports the view that the Fed may hold rates steady for now, with some economists anticipating slower hiring later in the year.

via BBC|

#business #federal-reserve #jobs-data

business23 days ago•4 min saved

Iran War Energy Shock Tests U.S. Hiring Momentum

March 2026 data show a clear uptick in hiring, with the rate at 3.5%—the fastest in two years—and employers adding 178,000 jobs across sectors beyond healthcare, suggesting the labor market may be stabilizing after a prolonged freeze; however, the Iran war is driving energy prices higher, which could cut consumer spending and cause firms to pull back on hiring, potentially delaying a sustained rebound. The share of long-term unemployed remains elevated at about 25% of jobless workers, underscoring ongoing labor-market frictions.

via CNBC|

#business #geopolitics #hiring

economy24 days ago•14 min saved

Iranian labor press challenges official unemployment counts amid war-driven downturn

Iran’s ILNA, a labor-focused news outlet, challenges official attempts to downplay war-related job losses, arguing that unemployment is far higher than government figures suggest. While officials have cited figures from roughly 100,000 up to 1–2 million affected when indirect effects are counted, labor advocates say hundreds of thousands remain uncounted and that the crisis is hitting steel and petrochemical sectors, with layoffs spreading through the supply chain. The downturn coincides with rising prices, a devalued rial, and wages that struggle to cover a basic living basket, fueling food insecurity. Platforms like Achareh have seen surging registrations as workers seek first jobs or new opportunities, underscoring a labor market in shock and prompting calls for policy action to protect livelihoods.

via ایران اینترنشنال|

#economy #inflation #iran

business27 days ago•4 min saved

US economy expands 2% in Q1 as inflation lingers and the job market stays resilient

U.S. GDP rose 2% in Q1, a touch below economists’ forecasts, as consumer spending cooled and energy costs rose, while core inflation remained sticky at 3.2% year over year. The labor market stayed solid with unemployment at 4.3%, payrolls up 178,000, and initial claims at 189,000 — the lowest since 1969 — even as hiring cooled and continuing claims fell to 1.79 million. Stocks rallied on the growth signal as the Fed kept rates unchanged, weighing inflation against a still-robust jobs market.

via New York Post|

#business #fed-policy #gdp

world28 days ago•4 min saved

Gaza's May Day: Laborers scrape by amid rubble and siege

On International Workers' Day, Gaza’s economy is crushed by more than two years of war: unemployment around 80%, poverty over 90%, and most residents reliant on humanitarian aid. Workers are taking dangerous, poorly paid jobs—like Ibrahim Abu al-Eish, who clears rubble for about 80 shekels a day to support a large displaced family, and Yousef al-Rifi, who bakes at a roadside stall for roughly 50 shekels a day—to survive as the blockade and damaged infrastructure hinder recovery.

via Al Jazeera|

#blockade #gaza #poverty

economy29 days ago•5 min saved

U.S. jobless claims drop to 50-year low as labor market stays stubbornly tight

Unemployment benefits applications fell to 189,000 for the week ending April 25, the lowest in more than five decades and well below forecasts, with the four-week moving average at 207,500 and continuing claims at 1.79 million, signaling a resilient labor market even as inflation and energy costs rise amid the Iran conflict.

via PBS|

#economy #gas-prices #inflation