Tag #Unemployment

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theguardian.com

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Aug 4, 19:17

US Economic Data Contradicts White House Claims, Fueling Political Fallout

Contradicting White House claims, July economic data reveals inflation at 2.6%, unemployment at 4.2%, and 258,000 fewer jobs than previously reported; President Trump responded by attacking Federal Reserve Chair Jerome Powell and firing the head of the Bureau of Labor Statistics.

US Economic Data Contradicts White House Claims, Fueling Political Fallout

Contradicting White House claims, July economic data reveals inflation at 2.6%, unemployment at 4.2%, and 258,000 fewer jobs than previously reported; President Trump responded by attacking Federal Reserve Chair Jerome Powell and firing the head of the Bureau of Labor Statistics.

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Reduced Inequality

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What is the immediate economic impact of the conflicting economic data released this week, and how does it affect President Trump's political standing?

Recent economic data contradicts the White House's claims of economic prosperity under President Trump. Inflation rose to 2.6%, unemployment increased to 4.2% in July, and job growth was 258,000 lower than previously reported. These figures suggest a weakening economy, contradicting the administration's narrative.

smh.com.au

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Aug 4, 07:16

Trump Fires BLS Head After Weak Jobs Report

President Trump fired the head of the US Bureau of Labor Statistics, Erika McEntarfer, after the bureau reported weak job growth and rising unemployment, contradicting Trump's claims of a booming economy; this action sparked widespread criticism and concerns about data integrity and political influe...

Trump Fires BLS Head After Weak Jobs Report

President Trump fired the head of the US Bureau of Labor Statistics, Erika McEntarfer, after the bureau reported weak job growth and rising unemployment, contradicting Trump's claims of a booming economy; this action sparked widespread criticism and concerns about data integrity and political influe...

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Decent Work and Economic Growth

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What are the immediate implications of President Trump's dismissal of the BLS head, considering the recent economic data and broader economic context?

President Trump fired the head of the US Bureau of Labor Statistics (BLS), Erika McEntarfer, after the bureau released unemployment numbers showing weak job growth and upward revision of unemployment rate to 4.25%. This action sparked criticism from economists concerned about the politicization of data and potential compromise of the BLS's integrity. The data revealed only slightly over 100,000 jobs added in the June quarter, the weakest growth since the pandemic.

welt.de

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Aug 3, 10:12

Germany's Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase largely due to inflation-adjusted benefit rates; 5.5 million received payments, with nearly half going to non-German citizens, highlighting integration challenges.

Germany's Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase largely due to inflation-adjusted benefit rates; 5.5 million received payments, with nearly half going to non-German citizens, highlighting integration challenges.

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No Poverty

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What is the overall impact of the increased Bürgergeld payments on the German budget and social welfare system?

Germany's Bürgergeld (social welfare) payments rose to €46.9 billion in 2024, a €4 billion increase. Around 5.5 million people received payments, including nearly 4 million considered employable. €24.7 billion (52.6%) went to German citizens, and €22.2 billion (47.4%) to non-citizens.

cnn.com

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Aug 2, 13:16

Weak July Jobs Report Undermines Fed's Rate-Holding Decision

The Federal Reserve's decision to hold interest rates steady was contradicted by the July jobs report showing only 73,000 jobs added and a 4.2% unemployment rate, prompting internal dissent and raising concerns about a potential policy miscalculation.

Weak July Jobs Report Undermines Fed's Rate-Holding Decision

The Federal Reserve's decision to hold interest rates steady was contradicted by the July jobs report showing only 73,000 jobs added and a 4.2% unemployment rate, prompting internal dissent and raising concerns about a potential policy miscalculation.

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Decent Work and Economic Growth

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How did internal dissent within the Federal Reserve regarding the July jobs report data reflect differing perspectives on the current economic state?

The unexpectedly weak July jobs report, coupled with downward revisions to previous months' data, reveals a more fragile labor market than initially perceived. This challenges the Fed's strategy of waiting to see the impact of tariffs before potentially cutting rates, highlighting a potential policy miscalculation.

edition.cnn.com

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Aug 1, 22:17

US Job Growth Slows Sharply, Raising Recession Concerns

The US added only 73,000 jobs in July, a sharp slowdown from prior months which were revised down by 258,000; this weakness, impacting market confidence and attributed to trade policy uncertainty, raises recession fears.

US Job Growth Slows Sharply, Raising Recession Concerns

The US added only 73,000 jobs in July, a sharp slowdown from prior months which were revised down by 258,000; this weakness, impacting market confidence and attributed to trade policy uncertainty, raises recession fears.

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Decent Work and Economic Growth

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How are President Trump's trade policies, specifically tariffs and uncertainty, contributing to the slowdown in job creation?

High uncertainty stemming from President Trump's trade policies, particularly tariffs, is hindering employers' growth plans and stifling job creation across various sectors. The significant downward revisions to previous months' job numbers underscore the severity of this economic slowdown.

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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Decent Work and Economic Growth

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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.

de.euronews.com

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Aug 4, 13:14

Germany's Bürgergeld Spending Soars, Sparking Debate on Eligibility and Sanctions

In 2024, Germany spent €46.9 billion on Bürgergeld, a €4 billion increase from 2023, with 47.4% going to non-German citizens; this has prompted calls for stricter eligibility and sanctions from the SPD and CDU, particularly targeting those deemed to be avoiding work, while others argue for viewing i...

Germany's Bürgergeld Spending Soars, Sparking Debate on Eligibility and Sanctions

In 2024, Germany spent €46.9 billion on Bürgergeld, a €4 billion increase from 2023, with 47.4% going to non-German citizens; this has prompted calls for stricter eligibility and sanctions from the SPD and CDU, particularly targeting those deemed to be avoiding work, while others argue for viewing i...

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Decent Work and Economic Growth

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How does the distribution of Bürgergeld payments between German and non-German citizens contribute to the ongoing political debate?

The increase in Bürgergeld spending is partly due to increased benefit rates in 2023 and 2024 to combat inflation, but also reflects the fact that nearly half of recipients were non-German citizens, many of whom lack German language skills or experience in the German labor market. This has led to political calls for stricter eligibility criteria.

dw.com

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Aug 4, 13:14

Germany's €46.9 Billion Citizen's Benefit: Rising Costs and Integration Challenges

Germany spent €46.9 billion on its citizen's benefit in 2024, a €4 billion increase from 2023, with €24.7 billion going to German citizens and €22.2 billion to non-citizens, including €6.3 billion to Ukrainian refugees; this increase is partly due to inflation-adjusted benefit rate increases, but th...

Germany's €46.9 Billion Citizen's Benefit: Rising Costs and Integration Challenges

Germany spent €46.9 billion on its citizen's benefit in 2024, a €4 billion increase from 2023, with €24.7 billion going to German citizens and €22.2 billion to non-citizens, including €6.3 billion to Ukrainian refugees; this increase is partly due to inflation-adjusted benefit rate increases, but th...

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No Poverty

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What is the impact of the increased spending on Germany's citizen's benefit in 2024, and what are the immediate implications?

In 2024, Germany spent €46.9 billion on its citizen's benefit, €4 billion more than the previous year. Around 5.5 million people received the benefit, including children, with almost 4 million being employable adults. €24.7 billion (52.6%) went to German citizens, and €22.2 billion (47.4%) to non-citizens.

welt.de

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Aug 3, 10:12

German Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens.

German Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens.

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No Poverty

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What is the overall impact of the increase in Bürgergeld payments in 2024, and what are the implications for Germany's social welfare system?

Germany's Bürgergeld (social welfare) payments rose by €4 billion to €46.9 billion in 2024, with 5.5 million recipients. €24.7 billion (52.6%) went to German citizens, and €22.2 billion (47.4%) to non-citizens, similar to the previous year.

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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Decent Work and Economic Growth

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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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Quality Education

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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.

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.

Showing 73 to 84 of 379 results