Unemployment

The IMF warns of a global economic recovery where ‘poor get poorer and social unrest and geopolitical tensions grow’.

Blistering youth unemployment, mounting government debt, corruption and COVID are spurring unrest in Tunisia.

Pandemic economic disruptions have crushed the dreams of millions of Indians.

The pandemic, mass shootings, rising obesity and mental health issues eroded Americans’ quality of life, a report finds.

Initial jobless claims in regular state programmes were up 51,000 from the prior week, the US Labor Department said.

The fall in jobless claims comes amid worker shortages in pockets of the economy.

Claims increased by 2,000 to 373,000 in the week ending July 3, the US Labor Department said on Thursday.

Job openings in the United States rose slightly to a record 9.2 million in May, government data showed.

We round up the numbers from the week’s top economic stories to keep you up to date.

Renewed strength of job creation in June comes as employers continue to boost wages to lure the unemployed back to work.

Claims fell to 364,000 last month, the lowest reading in 16 months as the labour market continues to heal.

Contract staffers at Nigeria’s banks can work for years without a raise, promotion, benefits or job security.

The Dow Jones, S&P 500 and Nasdaq Composite all ended the session posting fifth consecutive quarterly gains.

The drop is partly caused by people dropping out of the workforce altogether.