\"German Unemployment Rises to 6 Percent Amidst Economic Slowdown\"\
\"Germany's unemployment rate rose to 6 percent in December 2024, reaching 2.807 million unemployed, due to a weak economy, decreased job openings (1.5 million in 2024, a 25-year low), and increased Kurzarbeit (320,000 recipients on average in 2024). The manufacturing sector lost 90,000 jobs in 2024...
\"German Unemployment Rises to 6 Percent Amidst Economic Slowdown\"\
\"Germany's unemployment rate rose to 6 percent in December 2024, reaching 2.807 million unemployed, due to a weak economy, decreased job openings (1.5 million in 2024, a 25-year low), and increased Kurzarbeit (320,000 recipients on average in 2024). The manufacturing sector lost 90,000 jobs in 2024...
Progress
44% Bias Score
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Progress
36% Bias Score
Hesse Unemployment Rate Stagnant at 5.5 Percent Amidst Job Vacancy Decline
Hesse's unemployment rate remains at 5.5 percent despite a year-on-year increase of 14.5 percent in unemployment benefit recipients and a 7 percent decrease in temporary employment; job vacancies decreased by 12 percent in December, creating challenges for job seekers.
Hesse Unemployment Rate Stagnant at 5.5 Percent Amidst Job Vacancy Decline
Hesse's unemployment rate remains at 5.5 percent despite a year-on-year increase of 14.5 percent in unemployment benefit recipients and a 7 percent decrease in temporary employment; job vacancies decreased by 12 percent in December, creating challenges for job seekers.
Progress
36% Bias Score
Minimum Wage Hikes Impact 9.2 Million Workers
On January 1, 2024, minimum wage increased in 21 states, affecting 9.2 million workers and boosting pay by $5.7 billion; additional increases occurred in various cities, spurred by inflation and labor movements pushing for a $17 federal minimum wage, which currently stands at $7.25.
Minimum Wage Hikes Impact 9.2 Million Workers
On January 1, 2024, minimum wage increased in 21 states, affecting 9.2 million workers and boosting pay by $5.7 billion; additional increases occurred in various cities, spurred by inflation and labor movements pushing for a $17 federal minimum wage, which currently stands at $7.25.
Progress
40% Bias Score
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Record U.S. Credit Card Defaults Signal Economic Slowdown
U.S. credit card defaults reached a 14-year high in 2024, with \$46 billion in delinquent loans written off during the first nine months—a 50 percent increase year-over-year—primarily impacting low-income households struggling with inflation and high interest rates, potentially slowing economic grow...
Progress
40% Bias Score
Canada's Top CEOs Earned $13.2 Million on Average in 2023
In 2023, Canada's 100 highest-paid CEOs averaged $13.2 million in compensation, 210 times the average worker's income, down from record highs but still significantly above historical averages; factors include lower 2023 profits and increased worker wages.
Canada's Top CEOs Earned $13.2 Million on Average in 2023
In 2023, Canada's 100 highest-paid CEOs averaged $13.2 million in compensation, 210 times the average worker's income, down from record highs but still significantly above historical averages; factors include lower 2023 profits and increased worker wages.
Progress
60% Bias Score
Hamburg Unemployment Projected to Rise in 2025
Hamburg's unemployment is expected to rise by 2.6 percent in 2025, reaching approximately 88,500 individuals, according to the Institute for Employment Research, although this is less than previous years' increases and job creation is also projected.
Hamburg Unemployment Projected to Rise in 2025
Hamburg's unemployment is expected to rise by 2.6 percent in 2025, reaching approximately 88,500 individuals, according to the Institute for Employment Research, although this is less than previous years' increases and job creation is also projected.
Progress
48% Bias Score
Dutch Pharmacies to Close Nationwide in Renewed Strike
Dutch pharmacy employees will strike nationwide on Thursday and Friday of next week, closing almost 2000 pharmacies due to an ongoing dispute over a 6% pay increase and high workload, despite a court previously halting a strike due to potential health risks.
Dutch Pharmacies to Close Nationwide in Renewed Strike
Dutch pharmacy employees will strike nationwide on Thursday and Friday of next week, closing almost 2000 pharmacies due to an ongoing dispute over a 6% pay increase and high workload, despite a court previously halting a strike due to potential health risks.
Progress
40% Bias Score
Spanish Youth Unemployment Fuels Public Sector Job Rush
In Spain, 75% of young people under 25 are now seeking public sector jobs, up from 14.7% a year ago, driven by 28.6% youth unemployment, the highest in the EU, despite higher average salaries in the public sector (€2,835 vs €1,957 private).
Spanish Youth Unemployment Fuels Public Sector Job Rush
In Spain, 75% of young people under 25 are now seeking public sector jobs, up from 14.7% a year ago, driven by 28.6% youth unemployment, the highest in the EU, despite higher average salaries in the public sector (€2,835 vs €1,957 private).
Progress
60% Bias Score
Record German Employment in 2024 Amidst Economic Downturn
Germany reached record employment in 2024 with 46.1 million employed, exceeding 2023's figures by 72,000 despite an ongoing economic downturn; this increase, fueled by domestic participation and immigration, masks sector-specific job losses and doesn't negate the anticipation of further decline in 2...
Record German Employment in 2024 Amidst Economic Downturn
Germany reached record employment in 2024 with 46.1 million employed, exceeding 2023's figures by 72,000 despite an ongoing economic downturn; this increase, fueled by domestic participation and immigration, masks sector-specific job losses and doesn't negate the anticipation of further decline in 2...
Progress
36% Bias Score
2025: Apprenticeships Rise Amidst Shifting Education and Hiring Trends
Predictions for 2025 include a rise in apprenticeships due to bipartisan support, Gen Z's preferences, and state initiatives promoting career exploration; the continued shift to non-linear education paths facilitated by ESAs; and increased reliance on social capital and experience-based hiring due t...
2025: Apprenticeships Rise Amidst Shifting Education and Hiring Trends
Predictions for 2025 include a rise in apprenticeships due to bipartisan support, Gen Z's preferences, and state initiatives promoting career exploration; the continued shift to non-linear education paths facilitated by ESAs; and increased reliance on social capital and experience-based hiring due t...
Progress
44% Bias Score
US Jobless Claims Hit Eight-Month Low Amidst Economic Resilience
Initial US jobless claims dropped to a eight-month low of 211,000 last week, signaling a robust labor market and influencing the Federal Reserve's decision to reduce interest rate cuts; however, challenges remain with some workers facing prolonged unemployment and construction spending showing mixed...
US Jobless Claims Hit Eight-Month Low Amidst Economic Resilience
Initial US jobless claims dropped to a eight-month low of 211,000 last week, signaling a robust labor market and influencing the Federal Reserve's decision to reduce interest rate cuts; however, challenges remain with some workers facing prolonged unemployment and construction spending showing mixed...
Progress
36% Bias Score