Tag: Unemployment rate
US June Jobs Report Shows Softer Labour Market Conditions
The latest US jobs report for the month of June, released by the Labor Department, has brought forth significant insights into the current state of[more...]
Australia’s Unemployment Rate Declines to 4% in May: A Positive Outlook for the Economy
--- The Australian Bureau of Statistics reported that the country's headline unemployment rate reached 4% in May, marking a 0.1 percentage point decline from April.[more...]
US Job Growth Soars in May, Unemployment Rate Rises to 4%
The latest data from the Bureau of Labor Statistics shows that the US labor market experienced a significant surge in job growth in May, adding[more...]
Australian Share Market Posts Best Day of the Year After Unemployment Rate Rises to 4.1%
The Australian share market closed on a high note following the release of the latest jobs data showing a rise in the unemployment rate to[more...]
Australia’s Unemployment Rate Rises to 4.1% in April: What It Means for the Economy
Australia’s headline unemployment rate increased to 4.1% in April, up by 0.2 percentage points from the previous month. The rise resulted in 30,300 more people[more...]
Unemployment Rate in Australia Rises Slightly, RBA Keeps a Close Eye on Labour Market
Australia’s unemployment rate has risen ever-so-slightly, the Australian Bureau of Statistics tells us, lifting from 3.7 per cent in February 2024 to 3.8 per cent[more...]
US Economy Adds 303,000 Jobs in March, Unemployment Rate Drops to 3.8%
The latest jobs report released by the US government revealed the addition of 303,000 jobs in March, surpassing economists' expectations of 200,000 and the revised[more...]
Unemployment Surges to 4.1% in Australia, Sparking Concerns for the Economy
The unemployment rate in Australia has risen quite sharply, reaching 4.1% in January. This increase comes alongside concerns as the job market shows signs of[more...]
US Adds 353,000 New Jobs, Giving Boost to President
The U.S. job market continues to showcase its robustness, adding 353,000 new jobs in January despite fears of an economic downturn. The positive numbers have[more...]
Australia’s Property Market, Unemployment Rate, and Stock Market: A Summary of Recent Economic Events
The Australian economy has been in the spotlight with various significant developments across the property market, employment sector, and stock market. Reports surfaced about a[more...]