Tag #Unemployment

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npr.org

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Aug 1, 19:17

US Stocks Plummet on Weak Jobs Report and New Tariffs

U.S. stocks fell sharply on Friday, with the Dow Jones Industrial Average dropping over 550 points, after a disappointing jobs report showed only 73,000 jobs added in July and an unemployment rate increase to 4.2%, coupled with President Trump's announcement of new tariffs.

US Stocks Plummet on Weak Jobs Report and New Tariffs

U.S. stocks fell sharply on Friday, with the Dow Jones Industrial Average dropping over 550 points, after a disappointing jobs report showed only 73,000 jobs added in July and an unemployment rate increase to 4.2%, coupled with President Trump's announcement of new tariffs.

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How did the weak jobs report and the new tariffs affect investor sentiment and expectations for Federal Reserve action?

President Trump's latest tariffs, coupled with the disappointing jobs report, reignited investor anxieties about economic consequences. The market's sharp reversal from summer optimism highlights the significant impact of these combined factors. This contrasts with the recent market trend of largely ignoring previous tariff announcements.

welt.de

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Jul 31, 19:17

Apprenticeship Applicant Surplus in Nordrhein-Westfalen

In Nordrhein-Westfalen, Germany, the number of applicants for apprenticeships significantly exceeds the available positions; currently, there are 106 applicants for every 100 apprenticeship positions, a substantial increase compared to the previous two years, highlighting regional disparities and le...

Apprenticeship Applicant Surplus in Nordrhein-Westfalen

In Nordrhein-Westfalen, Germany, the number of applicants for apprenticeships significantly exceeds the available positions; currently, there are 106 applicants for every 100 apprenticeship positions, a substantial increase compared to the previous two years, highlighting regional disparities and le...

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What is the current ratio of applicants to available apprenticeship positions in Nordrhein-Westfalen, and what are the immediate consequences of this imbalance for job seekers?

In Nordrhein-Westfalen, the number of applicants for apprenticeships has significantly increased, exceeding available positions. Currently, there are 106 applicants for every 100 apprenticeship positions, a considerable rise from 92 in 2023 and 98 in 2022. This imbalance leaves almost 40,000 applicants without positions.", A2="This imbalance is attributed to a temporary dip in apprenticeship offers, coupled with a substantial increase in applicants—a 26 percent rise compared to two years prior. Simultaneously, unfilled apprenticeship positions decreased by 18 percent, exacerbating the competition.", A3="The projected reduction in university entrants by 44,000 in 2026 due to educational reforms might create new opportunities in apprenticeships for students from other school types. However, regional disparities persist, with 30 of 53 districts having more applicants than positions, particularly in industrial sectors like Leverkusen's chemical industry.", Q1="What is the current ratio of apprenticeship applicants to available positions in Nordrhein-Westfalen, and what are the immediate consequences of this imbalance?", Q2="What are the main factors contributing to the current disparity between apprenticeship supply and demand in Nordrhein-Westfalen?", Q3="How might the upcoming changes to the length of secondary education in Nordrhein-Westfalen impact the future balance between apprenticeship applicants and available positions, and what regional variations are expected?", ShortDescription="In Nordrhein-Westfalen, Germany, 106 applicants compete for every 100 apprenticeship positions in July 2025, a sharp increase from previous years, leaving almost 40,000 applicants without positions and highlighting regional disparities.", ShortTitle="NRW Apprenticeship Applicant Surge Exceeds Available Positions")) 106 applicants compete for every 100 apprenticeship positions in Nordrhein-Westfalen, a sharp increase from previous years, leaving almost 40,000 applicants without positions. This imbalance is attributed to a temporary dip in apprenticeship offers and a substantial increase in applicants. Regional disparities persist, with some areas experiencing far more applicants than positions. Future educational reforms might shift this balance somewhat. The current ratio is 106 applicants per 100 positions, resulting in a significant number of unemployed applicants. This is a considerable increase from the previous two years. The main contributing factors are a temporary dip in apprenticeship offers and a rise in the number of applicants. The reduction in university entrants in 2026 could create opportunities for other school leavers to pursue apprenticeships, but regional variations will likely persist. Areas with strong industrial sectors are expected to remain highly competitive.

elmundo.es

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Jul 29, 07:15

AIReF Predicts Spain's Unemployment to Remain Above 10% This Legislative Term

The AIReF forecasts Spain's unemployment rate to remain above 10% until at least 2027, falling to 9.7% in 2028, contradicting the government's target of 6-8% unemployment, highlighting the challenge of reducing Spain's structural unemployment.

AIReF Predicts Spain's Unemployment to Remain Above 10% This Legislative Term

The AIReF forecasts Spain's unemployment rate to remain above 10% until at least 2027, falling to 9.7% in 2028, contradicting the government's target of 6-8% unemployment, highlighting the challenge of reducing Spain's structural unemployment.

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What is the AIReF's projection for Spain's unemployment rate, and how does this affect the government's "full employment" goal?

Spain's unemployment rate is projected to remain above 10% throughout the current legislative term, according to the AIReF. The rate is expected to decrease gradually, reaching 10% in 2027, but not falling below 9.7% until 2028. This contradicts the government's goal of achieving "full employment", defined as unemployment between 6% and 8%.

smh.com.au

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Jul 24, 07:16

RBA Governor Rejects Surprise Unemployment Claim, Casts Doubt on August Rate Cut

Australia's unemployment rate unexpectedly climbed to 4.3 percent in June, defying market expectations of an immediate interest rate cut, but aligning with the Reserve Bank of Australia's May forecast, prompting Governor Michele Bullock to emphasize a measured approach to future rate adjustments.

RBA Governor Rejects Surprise Unemployment Claim, Casts Doubt on August Rate Cut

Australia's unemployment rate unexpectedly climbed to 4.3 percent in June, defying market expectations of an immediate interest rate cut, but aligning with the Reserve Bank of Australia's May forecast, prompting Governor Michele Bullock to emphasize a measured approach to future rate adjustments.

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What is the immediate impact of the rise in Australia's unemployment rate on the Reserve Bank of Australia's (RBA) interest rate policy?

Australia's unemployment rate rose to 4.3 percent in June, its highest since the pandemic, but this was in line with the Reserve Bank of Australia (RBA)'s May forecast. RBA Governor Michele Bullock emphasized that the job market remains relatively strong, despite slowing, and that a rate cut in August is not guaranteed.

europe.chinadaily.com.cn

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Jul 21, 07:11

UK Unemployment Rises to 4.7 Percent Amidst Labor Costs and US Tariffs

Britain's unemployment rate hit a near four-year high of 4.7 percent in March-May 2025, driven by increased labor costs, US tariffs, and a challenging recruitment landscape affecting small businesses disproportionately, with 20 percent shedding staff in Q2 2025.

UK Unemployment Rises to 4.7 Percent Amidst Labor Costs and US Tariffs

Britain's unemployment rate hit a near four-year high of 4.7 percent in March-May 2025, driven by increased labor costs, US tariffs, and a challenging recruitment landscape affecting small businesses disproportionately, with 20 percent shedding staff in Q2 2025.

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How do the recent economic trends differentially affect small businesses in the UK?

The rise in unemployment is attributed to factors including government tax increases, a higher minimum wage, and US tariffs. These pressures disproportionately affect small businesses, with 20 percent shedding staff in Q2 2025, a concerning trend reflected in the FSB's Small Business Index. The impact on export-driven sectors, exacerbated by the recent tariff increase to 10 percent, further contributes to economic slowdown.

lexpress.fr

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Jul 19, 13:14

France Proposes Holiday Cuts to Reduce Deficit, Amid High Unemployment

To address France's national deficit, the government proposed eliminating two public holidays, aiming to increase yearly working hours by 15 for full-time employees; this is coupled with a contested unemployment insurance reform, while data comparisons with other European countries mask France's hig...

France Proposes Holiday Cuts to Reduce Deficit, Amid High Unemployment

To address France's national deficit, the government proposed eliminating two public holidays, aiming to increase yearly working hours by 15 for full-time employees; this is coupled with a contested unemployment insurance reform, while data comparisons with other European countries mask France's hig...

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What are the immediate economic consequences of the French government's plan to eliminate public holidays and how does this compare to the unemployment rate?

French officials recently proposed a plan to reduce the national deficit, including eliminating two public holidays to increase yearly working hours by approximately 15 for full-time employees. This measure is coupled with a planned unemployment insurance reform, currently facing resistance from social partners.

edition.cnn.com

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Jul 31, 22:13

US Job Growth Slows to 2010 Levels Amid Tariff Uncertainty

The US job market's growth has slowed considerably in the first half of 2024, averaging 130,000 jobs added monthly—the weakest since 2010 excluding the 2020 pandemic—due to tariff uncertainty, low worker turnover, and a disproportionate concentration of job gains in healthcare and education, creatin...

US Job Growth Slows to 2010 Levels Amid Tariff Uncertainty

The US job market's growth has slowed considerably in the first half of 2024, averaging 130,000 jobs added monthly—the weakest since 2010 excluding the 2020 pandemic—due to tariff uncertainty, low worker turnover, and a disproportionate concentration of job gains in healthcare and education, creatin...

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What are the primary causes of the significant slowdown in US job growth during the first half of 2024, and what are the immediate economic consequences?

US job growth significantly slowed in the first half of 2024, averaging 130,000 jobs per month—the weakest since 2010, excluding the 2020 pandemic recession. This is concerning as it's near the breakeven point where job additions merely match labor force growth. July's projected 115,000 job gain represents a considerable decrease from June's 147,000.

dw.com

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Jul 29, 22:16

Afghanistan Plans Labor Exports to Reduce Unemployment

The Taliban government in Afghanistan is initiating a labor export program, sending 2,000 skilled workers to Qatar initially, with plans to expand to Turkey, Saudi Arabia, UAE, Oman, and Russia to alleviate unemployment and boost the economy, amidst recent mass deportations of Afghan migrants from n...

Afghanistan Plans Labor Exports to Reduce Unemployment

The Taliban government in Afghanistan is initiating a labor export program, sending 2,000 skilled workers to Qatar initially, with plans to expand to Turkey, Saudi Arabia, UAE, Oman, and Russia to alleviate unemployment and boost the economy, amidst recent mass deportations of Afghan migrants from n...

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What is the immediate impact of Afghanistan's plan to export labor to various countries, including Turkey, on its unemployment rate and economy?

The Taliban regime in Afghanistan plans to send 2,000 skilled workers to Qatar, primarily for hospitality and other sectors, with engineers also included. Applications are open across 34 provinces, and similar discussions are underway with Turkey, Saudi Arabia, UAE, Oman, and Russia. This initiative aims to reduce unemployment and boost the Afghan economy.

dw.com

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Jul 25, 13:13

Indonesia's Informal Employment Rises Despite Slight Drop in Unemployment

Indonesia's informal employment rate increased to 59.40% in February 2025, up from 57.95% in August 2024, while unemployment rose to 7.28 million despite a slight decrease in the unemployment rate to 4.76%.

Indonesia's Informal Employment Rises Despite Slight Drop in Unemployment

Indonesia's informal employment rate increased to 59.40% in February 2025, up from 57.95% in August 2024, while unemployment rose to 7.28 million despite a slight decrease in the unemployment rate to 4.76%.

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What are the potential long-term consequences of this trend for Indonesia's economic development and social equity?

The data suggests a concerning trend: while the overall unemployment rate shows a minor improvement, the significant increase in informal employment highlights a deeper issue of job quality and income inequality. Future policy should focus on creating more formal sector jobs to address this imbalance.

dw.com

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Jul 23, 10:16

Germany's Shadow Economy Surges Past Federal Budget

Germany's shadow economy reached €482 billion in 2024, exceeding the federal budget, due to citizens' perception of inadequate public services for high taxes and increased social benefits; economist Friedrich Schneider predicts a further rise to €511 billion in 2025.

Germany's Shadow Economy Surges Past Federal Budget

Germany's shadow economy reached €482 billion in 2024, exceeding the federal budget, due to citizens' perception of inadequate public services for high taxes and increased social benefits; economist Friedrich Schneider predicts a further rise to €511 billion in 2025.

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How does the rising cost of social welfare in Germany, exceeding €50 billion in 2025, contribute to the expansion of the shadow economy and fraud?

The surge in Germany's shadow economy is linked to citizens' perception of insufficient public services relative to high taxes and contributions. This 'tax revolt,' as Schneider describes it, involves individuals supplementing income through unreported work, driven by factors like poor infrastructure and reduced working hours in a weakening economy.

npr.org

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Jul 21, 01:11

Trump Tariffs Devastate Lesotho's Garment Industry, Triggering National Disaster

President Trump's 50% tariff on Lesotho's garment industry, imposed in April, has led to the loss of 12,000 direct jobs and 40,000 total jobs, prompting a two-year national state of disaster in the already impoverished African nation, where unemployment is near 50%.

Trump Tariffs Devastate Lesotho's Garment Industry, Triggering National Disaster

President Trump's 50% tariff on Lesotho's garment industry, imposed in April, has led to the loss of 12,000 direct jobs and 40,000 total jobs, prompting a two-year national state of disaster in the already impoverished African nation, where unemployment is near 50%.

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How did the 50% tariff affect Lesotho's garment workers and related industries, considering the existing high unemployment rate and the prevalence of HIV/AIDS among workers?

The tariffs, implemented in April, immediately halted many factory orders, leading to factory closures and reduced work hours for remaining employees. This situation disproportionately affects women, many of whom are single mothers living with HIV, further exacerbating existing socio-economic challenges in a country already facing high youth unemployment (around 50%).",

bbc.com

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Jul 18, 07:13

Questionable Scottish Unemployment Figures: Contrasting Data Sources Reveal Complex Employment Picture

Scottish unemployment fell to 3.7% in March-May, contrasting with a UK rise to 4.7%; however, the Scottish figure's margin of error (0.7 percentage points) questions its reliability, while HMRC payroll data shows a slight employment decrease of 16,000 since June 2022.

Questionable Scottish Unemployment Figures: Contrasting Data Sources Reveal Complex Employment Picture

Scottish unemployment fell to 3.7% in March-May, contrasting with a UK rise to 4.7%; however, the Scottish figure's margin of error (0.7 percentage points) questions its reliability, while HMRC payroll data shows a slight employment decrease of 16,000 since June 2022.

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What is the most accurate measure of Scottish employment, given the limitations of the Labour Force Survey data?

Unemployment in Scotland decreased to 3.7% between March and May, while the UK average rose to 4.7%. However, the Scottish figure has a 0.7 percentage point margin of error, meaning it could range from 3% to 4.4%. HMRC payroll data shows over 2.5 million Scots in payrolled jobs in June, a decrease of 16,000 since June 2022.

Showing 73 to 84 of 371 results