Tag #Unemployment

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forbes.com

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Jan 1, 22:06

2025 Economic Forecast: Sluggish Growth, Rising Unemployment, and Increased Inflation

The author predicts sluggish economic growth (1% by Q4 2025), rising unemployment (5.5-6%), and inflation nearing 4%, driven by tariffs, manufacturing disruptions, and wage increases from deportations. High interest rates and political uncertainty add to the risks.

2025 Economic Forecast: Sluggish Growth, Rising Unemployment, and Increased Inflation

The author predicts sluggish economic growth (1% by Q4 2025), rising unemployment (5.5-6%), and inflation nearing 4%, driven by tariffs, manufacturing disruptions, and wage increases from deportations. High interest rates and political uncertainty add to the risks.

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No Poverty

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What are the key economic predictions for 2025, and what are their most immediate and significant consequences?

In 2025, the US economy is projected to experience sluggish growth (1% by Q4), rising unemployment (5.5-6%), and increased inflation (approaching 4%). Tariffs will negatively impact manufacturing and reliance on imported goods.

faz.net

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Dec 29, 16:07

German Politicians Debate Bürgergeld Reforms Amidst Misuse Concerns

Amidst concerns of misuse, particularly among Ukrainian refugees and those involved in black market labor, German politicians debate reforms to the Bürgergeld welfare system; proposals include increased job center engagement and stricter black market controls, with differing viewpoints among politic...

German Politicians Debate Bürgergeld Reforms Amidst Misuse Concerns

Amidst concerns of misuse, particularly among Ukrainian refugees and those involved in black market labor, German politicians debate reforms to the Bürgergeld welfare system; proposals include increased job center engagement and stricter black market controls, with differing viewpoints among politic...

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Decent Work and Economic Growth

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What are the main concerns regarding the misuse of Germany's Bürgergeld system, and what immediate actions are being proposed to address them?

Germany's Bürgergeld welfare system faces criticism for potential misuse. Politicians from the SPD, including Mützenich and Rehlinger, acknowledge a need for reform to address concerns about individuals exploiting the system and insufficient controls on black market work. Proposed solutions include increased job center engagement and stricter black market work controls.

foxnews.com

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Dec 28, 13:08

Trump's DOGE Plan Raises Unemployment Concerns in Virginia

President-elect Trump's Department of Governmental Efficiency (DOGE) plan to reduce the federal workforce is raising concerns in Virginia, with Democrats warning of potential job losses and increased unemployment claims, while Republicans argue the focus should be on efficient spending. The plan's i...

Trump's DOGE Plan Raises Unemployment Concerns in Virginia

President-elect Trump's Department of Governmental Efficiency (DOGE) plan to reduce the federal workforce is raising concerns in Virginia, with Democrats warning of potential job losses and increased unemployment claims, while Republicans argue the focus should be on efficient spending. The plan's i...

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Decent Work and Economic Growth

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What are the immediate economic consequences for Virginia of President-elect Trump's plan to downsize the federal workforce?

President-elect Trump's Department of Governmental Efficiency (DOGE) plan to reduce the federal workforce is causing concern in Virginia, with potential job losses impacting Northern Virginia and Hampton Roads. House Speaker Don Scott Jr. warned of increased unemployment claims, highlighting the plan's negative effects on Virginian families and the state's economy.

kathimerini.gr

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Dec 27, 16:11

Greek Unemployment Falls, but Skill Gaps and Low Participation Persist

Greece's unemployment rate fell below 10 percent in 2024 for the first time since 2009; however, labor market participation slightly decreased due to lower participation among women and young people, while job vacancies increased to 46,997 (up 27.1 percent year-on-year) in Q3 2024, highlighting skil...

Greek Unemployment Falls, but Skill Gaps and Low Participation Persist

Greece's unemployment rate fell below 10 percent in 2024 for the first time since 2009; however, labor market participation slightly decreased due to lower participation among women and young people, while job vacancies increased to 46,997 (up 27.1 percent year-on-year) in Q3 2024, highlighting skil...

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Decent Work and Economic Growth

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What are the most significant challenges facing the Greek labor market despite the recent decrease in unemployment?

Despite a significant drop in unemployment to below 10 percent in 2024—the first time since the 2009 crisis—Greece's labor market participation rate slightly decreased to 60.3 percent in Q3 2024 from 60.4 percent in Q3 2023. This decrease is primarily attributed to lower participation among women and young people, key targets of employment policies. Simultaneously, job vacancies increased despite high unemployment, indicating skill mismatches and structural unemployment.",A2="The decline in labor market participation, coupled with rising job vacancies, highlights a critical skills gap in the Greek economy. This mismatch between available workers and employer needs contributes to persistent unemployment and underperformance. Government initiatives for 2025 aim to address this by focusing on actions to reduce unemployment and fill vacancies, including measures to improve gender equality and implement a new seasonal employment framework.",A3="Addressing the skill gap requires substantial investment in adult education, particularly in high-demand sectors like technology and engineering. Increasing participation in lifelong learning and improving training program quality are crucial steps to enhance productivity. The success of these measures will significantly impact Greece's economic growth and competitiveness, as evidenced by the fact that only 21.7 percent of Greek businesses provide continuous professional training, compared to 72.6 percent in the EU.",Q1="What are the most significant challenges facing the Greek labor market despite the recent decrease in unemployment?",Q2="How do skill mismatches contribute to the current labor market dynamics in Greece, and what are the specific impacts on different demographic groups?",Q3="What long-term strategies are needed to address the underlying issues of skill gaps and low labor market participation, and what are the potential outcomes of these strategies?",ShortDescription="Greece's unemployment rate fell below 10 percent in 2024 for the first time since 2009; however, labor market participation slightly decreased due to lower participation among women and young people, while job vacancies increased to 46,997 (up 27.1 percent year-on-year) in Q3 2024, highlighting skill mismatches.",ShortTitle="Greek Unemployment Falls, but Skill Gaps and Low Participation Persist"))

cnbc.com

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Dec 23, 22:08

U.S. Job Market Shifts from "Great Resignation" to "Great Stay

The U.S. job market has transitioned from the "Great Resignation" to the "Great Stay," with low hiring, quits, and layoffs, primarily due to employer reluctance to lay off workers and reduced hiring stemming from the Federal Reserve's interest rate hikes to curb inflation.

U.S. Job Market Shifts from "Great Resignation" to "Great Stay

The U.S. job market has transitioned from the "Great Resignation" to the "Great Stay," with low hiring, quits, and layoffs, primarily due to employer reluctance to lay off workers and reduced hiring stemming from the Federal Reserve's interest rate hikes to curb inflation.

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Decent Work and Economic Growth

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How have the Federal Reserve's interest rate policies influenced hiring and employee turnover?

The "Great Stay" is driven by employer "scarring" from recent hiring difficulties and the Federal Reserve's interest rate hikes to combat inflation. These rate hikes increased borrowing costs, causing businesses to reduce expansion and hiring. The resulting decline in job openings has decreased the number of employees quitting their jobs.

cnbc.com

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Dec 22, 19:09

Freelance Work: A Bridge to Full-Time Employment in a Slow Hiring Market

In a challenging job market, with 23% of unemployed Americans having searched for work for 27+ weeks, experts advise exploring freelance and contract positions to improve income, boost self-esteem, and potentially gain full-time employment; this strategy is seeing success across numerous sectors.

Freelance Work: A Bridge to Full-Time Employment in a Slow Hiring Market

In a challenging job market, with 23% of unemployed Americans having searched for work for 27+ weeks, experts advise exploring freelance and contract positions to improve income, boost self-esteem, and potentially gain full-time employment; this strategy is seeing success across numerous sectors.

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Decent Work and Economic Growth

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What immediate actions can long-term unemployed individuals take to improve their job prospects in the current slow hiring market?

The US Bureau of Labor Statistics reports a significant slowdown in hiring since the pandemic, with 23% of unemployed individuals seeking work for 27 weeks or more. Career Group Companies advise long-term unemployed job seekers to consider freelance and contract positions to maintain income and improve job prospects.

dw.com

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Dec 30, 13:08

Turkey's 2025 Economic Outlook: Slow Growth, High Inflation, and Unemployment

Turkey's economy, despite 4.5% growth in 2023, faces challenges in 2025, with projected 3% growth, inflation possibly reaching 30%, unemployment at 9.9% (IMF), and a budget deficit nearing 2 trillion TL, impacting millions.

Turkey's 2025 Economic Outlook: Slow Growth, High Inflation, and Unemployment

Turkey's economy, despite 4.5% growth in 2023, faces challenges in 2025, with projected 3% growth, inflation possibly reaching 30%, unemployment at 9.9% (IMF), and a budget deficit nearing 2 trillion TL, impacting millions.

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Will Turkey succeed in controlling inflation in 2025, and what are the potential obstacles to achieving this goal?

The Turkish Central Bank's (TCMB) policies and inflation expectations remain key discussion points in 2025, following a surprise interest rate cut after 22 months. This unexpected move signals a tense balance between combating inflation and maintaining economic growth for the AKP government in 2025. A 30% minimum wage increase, against a year-end inflation of 45%, has been met with strong criticism.

zeit.de

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Dec 29, 07:08

Mass Job Losses Exacerbate Mental Health Crisis in Ruhr Area

Thousands of job losses in North Rhine-Westphalia, Germany, especially in the Ruhr area, threaten to overwhelm an already strained mental healthcare system, with long wait times and insufficient resources exacerbating the impact on those losing their jobs and their families.

Mass Job Losses Exacerbate Mental Health Crisis in Ruhr Area

Thousands of job losses in North Rhine-Westphalia, Germany, especially in the Ruhr area, threaten to overwhelm an already strained mental healthcare system, with long wait times and insufficient resources exacerbating the impact on those losing their jobs and their families.

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Good Health and Well-being

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What are the underlying causes of the therapeutic care shortage in the Ruhr area, and how do these contribute to the disproportionate impact of job losses on mental health?

The planned mass layoffs worsen an already strained therapeutic care system in the Ruhr area, where the therapist-to-population ratio is significantly below the national average. Existing practices are nearly fully booked, and legal caps prevent expanding staff. This shortage disproportionately affects those experiencing job loss, who are twice as likely to suffer from depression.

welt.de

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Dec 27, 19:10

German Hiring Freezes Amidst Economic Crisis

German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.

German Hiring Freezes Amidst Economic Crisis

German businesses are drastically reducing hiring plans, reaching the lowest point in four and a half years due to a combination of weak orders and economic crisis; concurrently, insolvencies rose by 12.6 percent in November.

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What is the immediate impact of the economic downturn on German employment and business activity?

German businesses are significantly curtailing hiring plans due to weak order books and an economic downturn, with the Ifo Institute's employment barometer falling to its lowest point since mid-2020. This hiring slowdown is coupled with a 12.6% year-on-year increase in insolvency filings in November, according to the Federal Statistical Office. The decline in the Ifo barometer marks the seventh consecutive decrease.

azatutyun.am

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Dec 26, 22:10

Armenia's Rising Job Numbers Mask Persistent Unemployment Crisis

Armenia's November 2024 employment figures show 782,832 jobs, a 3,681 increase from October 2024, yet unemployment rose to 15.5% in Q1 2024 and 13.8% in Q2 2024, prompting a new government strategy with 103 measures and 870 billion AMD in funding to address regional disparities, youth unemployment, ...

Armenia's Rising Job Numbers Mask Persistent Unemployment Crisis

Armenia's November 2024 employment figures show 782,832 jobs, a 3,681 increase from October 2024, yet unemployment rose to 15.5% in Q1 2024 and 13.8% in Q2 2024, prompting a new government strategy with 103 measures and 870 billion AMD in funding to address regional disparities, youth unemployment, ...

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What factors beyond simple job creation contribute to Armenia's persistent unemployment, and what evidence supports this?

The increase in Armenia's workforce by approximately 108,000 in the past year, partly due to internally displaced persons from Nagorno-Karabakh, has not significantly impacted unemployment rates. This suggests underlying issues beyond simple job creation, potentially involving skills mismatch or regional disparities.",

forbes.com

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Dec 23, 01:06

Challenges Loom for American Job Market, Underscoring Need for Family Support

The American job market, strong after recent growth, is expected to face challenges due to potential administrative changes and rapid shifts, making family support crucial for job seekers facing a potentially prolonged search, averaging 23.2 weeks.

Challenges Loom for American Job Market, Underscoring Need for Family Support

The American job market, strong after recent growth, is expected to face challenges due to potential administrative changes and rapid shifts, making family support crucial for job seekers facing a potentially prolonged search, averaging 23.2 weeks.

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What specific challenges are anticipated for the American job market in the near future, and what are the potential impacts on job seekers?

The American job market's strength after a period of growth is expected to face challenges due to potential administration changes and rapid, unpredictable shifts. This could lead to a more difficult and prolonged job search for many.

kathimerini.gr

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Dec 21, 13:09

Greece Launches €100 Million Program to Boost Entrepreneurship Among Unemployed

Greece's Public Employment Service (DYPA) launched a €100 million program on December 19th, 2024, to support 5,880 unemployed individuals (aged 30-59) in creating new businesses, prioritizing women, with funding from the Greek government and the European Social Fund Plus.

Greece Launches €100 Million Program to Boost Entrepreneurship Among Unemployed

Greece's Public Employment Service (DYPA) launched a €100 million program on December 19th, 2024, to support 5,880 unemployed individuals (aged 30-59) in creating new businesses, prioritizing women, with funding from the Greek government and the European Social Fund Plus.

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How does the funding allocation across different regions reflect the program's overall goals?

This initiative, managed by the Public Employment Service (DYPA), allocates €100 million to promote self-employment. Funding is distributed across different regions, with less developed regions receiving €77.9 million and transition regions receiving €22.1 million.

Showing 313 to 324 of 378 results