Unemployment claims jumped last week as coronavirus cases surge

Applications for unemployment benefits rose for the second week in a row last week, the latest sign that the nationwide surge in coronavirus cases is threatening to undermine the economic recovery. More than 827,000 people filed first-time applications for state unemployment benefits last week, the Labor Department said Wednesday. That was up 78,000 from a…Continue Reading

French unemployment surges to two-year high of 9.0% in third quarter

FILE PHOTO: Job seekers, wearing protective face masks, visit a National Agency for Employment (Pole Emploi) office in Nice after France reopened its agencies following the outbreak of the coronavirus disease (COVID-19), in France, May 18, 2020. REUTERS/Eric GaillardPARIS (Reuters) – France’s unemployment rate rose to its highest level in two years in the third…Continue Reading

Unemployment rate rises: Daunting job-hunting fate for some university students

Navigation for News Categories By Nadia Amaral Tertiary students face a daunting prospect of finding stable jobs amid the changing nature of employment due to the pandemic. Photo: 123rf A Stats NZ report released today showed the unemployment rate rose to 5.3 percent in the September 2020 quarter. Up 1.3 percent, the global pandemic has…Continue Reading

New Zealand unemployment rate hits record 5.3% due to coronavirus

The number of unemployed people rose by a record of 37,000 to reach 151,000 in the September 2020 quarter, as the impact of the coronavirus pandemic has severely hit the labour market TopicsNew Zealand | Coronavirus IANS  |  Wellington  Last Updated at November 4, 2020 12:00 IST The number of unemployed people rose by a record of…Continue Reading

‘Act now to stop youth unemployment hitting 80s levels and tearing lives apart’

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.Invalid EmailYouth unemployment rates will soon look like those of the…Continue Reading

New weekly unemployment filings remain elevated at 884,000

changed the methodology it used to seasonally adjust the data. Seasonal adjustment is a statistical technique the Bureau of Labor Statistics employs to remove the influence of predictable seasonal patterns — such as major holidays and back-to-school schedules — on the data. The changes come as the pandemic has upended nearly all predictable seasonal patterns.The…Continue Reading

Getty Images Last updated September 7, 2020 at 7:38 PM. The $300 and $400 extra unemployment benefits authorized by President Trump have started to go out in a number of states. At the same time, many states continue to modify their computer systems so that they can begin processing the enhanced unemployment benefits. The process…Continue Reading

Māori unemployment rate drops by 2 percentage points

Navigation for News Categories The unemployment rate for Māori has dropped significantly in the three months to June, falling to 6.7 percent from 8.7 percent last quarter. Photo: 123RF Unemployment across the entire population fell from 4.2 percent to 4 percent. Stats NZ labour market manager Andrew Neal said while the drop in unemployment among…Continue Reading