Markets
Remote Work, Not AI, Drives 20% Unemployment Rise for Young Grads, Fed Research Finds
New research from the New York Fed indicates remote work, not AI, is behind a 20% rise in unemployment for recent college...
#unemployment 6 articles
Economy
US Jobless Claims Edge Up to 215,000, Layoffs Stay Low Amid Geopolitical Strain
Initial US jobless claims increased to 215,000 last week, yet overall layoffs remain historically low despite economic uncertainty fueled by the Iran...
Finance
Canada’s Economy: Job Losses Rise as Corporations See Growth
Canada's unemployment rate climbed to 6.9% in April, while central banks signaled inflation concerns. Meanwhile, Enbridge, Brookfield, and Aritzia report strong growth...
Finance
Iran War: Bank of England Warns of Rate Hikes, £80 Mortgage Rise, Higher Energy Bills
The Bank of England's latest report details how the Iran war could trigger interest rate rises, an average £80 monthly increase for...
Economy
UK Unemployment Falls to 4.9% as Student Inactivity Rises, Future Risks Loom
The UK's unemployment rate unexpectedly dropped to 4.9% in February, driven by fewer students seeking work. While wages outpace inflation, geopolitical tensions...
Economy
US Jobless Claims Dip as Layoffs Remain Subdued
U.S. applications for unemployment benefits fell last week, signaling continued low layoff rates amidst global economic uncertainty.