Sachsen-Anhalt Faces Rising Unemployment Despite High Job Demand
In Sachsen-Anhalt, unemployment rose 2.6% in 2024 and is projected to increase another 2.3% this year, despite high demand (around 20,000 open positions) for skilled workers; a large skills gap exists, with 61% of unemployed being unskilled while 81% of job openings require skilled labor; foreign wo...
Sachsen-Anhalt Faces Rising Unemployment Despite High Job Demand
In Sachsen-Anhalt, unemployment rose 2.6% in 2024 and is projected to increase another 2.3% this year, despite high demand (around 20,000 open positions) for skilled workers; a large skills gap exists, with 61% of unemployed being unskilled while 81% of job openings require skilled labor; foreign wo...
Progress
32% Bias Score
Unemployment and Soaring Credit Card Debt Create Financial Crisis for Americans
Rising credit card debt, averaging $8,000 per cardholder, is compounded by unemployment, forcing many Americans into financial hardship due to high-interest rates and prolonged job searches.
Unemployment and Soaring Credit Card Debt Create Financial Crisis for Americans
Rising credit card debt, averaging $8,000 per cardholder, is compounded by unemployment, forcing many Americans into financial hardship due to high-interest rates and prolonged job searches.
Progress
40% Bias Score
French Economy Faces Sharp Downturn Amidst Political Instability and High Debt
France's economy is experiencing a significant downturn due to the dissolution of the National Assembly, deteriorating public finances, and high business debt, resulting in over 65,000 business failures in the past year and projected moderate unemployment increase.
French Economy Faces Sharp Downturn Amidst Political Instability and High Debt
France's economy is experiencing a significant downturn due to the dissolution of the National Assembly, deteriorating public finances, and high business debt, resulting in over 65,000 business failures in the past year and projected moderate unemployment increase.
Progress
64% Bias Score
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Progress
52% Bias Score
Soaring Rental Prices Plunge Spanish Youth Emancipation Rate to Record Low
A record-low youth emancipation rate of 14.8% in Spain during the first half of 2024 is primarily due to a 13.6% year-on-year increase in rental prices (€1,072 average), exceeding the average youth net salary (€1,048.19), forcing 74.5% of young workers to remain in their family homes.
Soaring Rental Prices Plunge Spanish Youth Emancipation Rate to Record Low
A record-low youth emancipation rate of 14.8% in Spain during the first half of 2024 is primarily due to a 13.6% year-on-year increase in rental prices (€1,072 average), exceeding the average youth net salary (€1,048.19), forcing 74.5% of young workers to remain in their family homes.
Progress
48% Bias Score
Germany's Stagnant Economy Faces Uncertainty in 2025
Germany's economy faces a challenging 2025 with projected growth at only 0.4 percent, following two years of recession due to factors including weak domestic and global demand, high energy costs, and high inflation; the upcoming elections and the potential impact of a second Trump presidency add fur...
Germany's Stagnant Economy Faces Uncertainty in 2025
Germany's economy faces a challenging 2025 with projected growth at only 0.4 percent, following two years of recession due to factors including weak domestic and global demand, high energy costs, and high inflation; the upcoming elections and the potential impact of a second Trump presidency add fur...
Progress
48% Bias Score
UK Pay Growth Rises, Adding Pressure on Bank of England
UK average weekly earnings increased by 5.6% in the three months to November, driven by strong private sector growth, putting pressure on the Bank of England to maintain interest rates amid concerns over inflation; unemployment rose to 4.4%.
UK Pay Growth Rises, Adding Pressure on Bank of England
UK average weekly earnings increased by 5.6% in the three months to November, driven by strong private sector growth, putting pressure on the Bank of England to maintain interest rates amid concerns over inflation; unemployment rose to 4.4%.
Progress
44% Bias Score
Essen to Mandate Community Service for Welfare Recipients and Asylum Seekers
The German city of Essen is implementing a new policy requiring welfare recipients and asylum seekers to perform three hours of daily community service or face benefit cuts, in an attempt to boost the city's struggling economy.
Essen to Mandate Community Service for Welfare Recipients and Asylum Seekers
The German city of Essen is implementing a new policy requiring welfare recipients and asylum seekers to perform three hours of daily community service or face benefit cuts, in an attempt to boost the city's struggling economy.
Progress
48% Bias Score
Germany Tests Job Guarantee Program
Germany is experimenting with a job guarantee program offering community-based work to the unemployed, such as tutoring and urban gardening projects, paying minimum wage supplemented by benefits, aiming to reduce unemployment and improve community engagement.
Germany Tests Job Guarantee Program
Germany is experimenting with a job guarantee program offering community-based work to the unemployed, such as tutoring and urban gardening projects, paying minimum wage supplemented by benefits, aiming to reduce unemployment and improve community engagement.
Progress
52% Bias Score
China Unveils Multifaceted Plan to Boost Job Creation in 2025
China's State Council announced a multifaceted plan to boost job creation in 2025, focusing on key sectors, providing tailored employment support for key groups, and launching a large-scale vocational training initiative to address persistent structural imbalances in the employment landscape, with t...
China Unveils Multifaceted Plan to Boost Job Creation in 2025
China's State Council announced a multifaceted plan to boost job creation in 2025, focusing on key sectors, providing tailored employment support for key groups, and launching a large-scale vocational training initiative to address persistent structural imbalances in the employment landscape, with t...
Progress
44% Bias Score
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Progress
40% Bias Score
South Korea's Employment Growth Slows Sharply in 2024
South Korea's employment growth slowed to 159,000 jobs in 2024, a sharp decrease from 816,000 in 2022; construction, retail and business services suffered significant job losses, while employment among those aged 60 and older rose by 266,000.
South Korea's Employment Growth Slows Sharply in 2024
South Korea's employment growth slowed to 159,000 jobs in 2024, a sharp decrease from 816,000 in 2022; construction, retail and business services suffered significant job losses, while employment among those aged 60 and older rose by 266,000.
Progress
40% Bias Score