Sunday, September 8, 2024
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Unemployment

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...

Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs.Bureau of Statistics figures put the unemployment rate...

U.S. Adds Whopping 272,000 Jobs: Here’s Why That’s Bad News For Interest Rates

Topline The labor market grew at a faster pace than anticipated in May, according to the Labor Department’s monthly jobs report released Friday morning, unwelcome...

Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% | CBC News

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average...

It’s even harder for young people to find jobs, and the unemployment rate proves it | CBC News

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment.Nareshan, who lives...

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