Spain’s Socialists have a Sánchez problem – POLITICO
SEVILLE, Spain — Socialist Prime Minister Pedro Sánchez won’t be on the ballot when Spaniards vote in local elections Sunday — but he might as…
How will Turkey’s presidential run-off shape the economy? | Business and Economy
Video Duration 25 minutes 15 seconds 25:15 Soaring inflation and a plunging lira will be top priorities for whoever wins the presidential run-off on May…
Could AI disrupt economies or transform them? | Business and Economy
Video Duration 25 minutes 55 seconds 25:55 From the future of humanity to the future of jobs, artificial intelligence is raising questions about threats to…
Peter Dutton proposes letting JobSeeker recipients work more without affecting payments instead of $40 increase
Opposition Leader Peter Dutton says instead of increasing the JobSeeker payment by $40, the government could lift the cap on how many hours JobSeeker recipients can work…
US wholesale price April data points to easing inflation pressure | Business and Economy News
While wholesale prices rose at modest levels, weekly unemployment claims hit a 1.5-year high, more than expected. Wholesale prices in the United States rose modestly…
Treasurer refuses to confirm reported JobSeeker lift for people over 55, but says targeted support in the budget
The federal treasurer has refused to confirm whether JobSeeker payments for people over 55 will be lifted for the first time in a decade.Key points:JobSeeker…
BuzzFeed to close news division, cut staff | Media News
In addition to the news division, layoffs would take place in its business, content, tech and administrative teams. Pulitzer Prize-winning digital media company BuzzFeed will…
U.S. unemployment levels climb to 245,000 as economy slows
1/2 The number of people filing first-time claims for unemployment increased, showing the economy is starting to contract amid aggressive rate hikes from the U.S.…
In another round of cuts, Facebook parent Meta sacks tech teams | Business and Economy News
Wednesday cuts have prompted expressions of frustration from employees who say it has ‘shattered’ morale. Meta Platforms Inc on Wednesday carried out another round of…
US job growth strong in March, unemployment falls to 3.5 percent | Unemployment News
The strong job numbers could lead the Fed to continue to raise interest rates. The US economy continued to churn out jobs at a brisk…
Editorial: Undocumented workers should be able to get unemployment when they are laid off
Most workers in California who lose their job are eligible to receive a portion of their salary while they look for another job. Excluded from…
Togo’s Biggest Container Terminal Port In West Africa To Tackle Sub-Regional Unemployment
The Togolese government, on Monday, Mar. 20, commissioned a Container Terminal (LCT) at the Autonomous Port of Lome, thereby increasing the Port’s capacity to receive…
Can the ‘back-to-work’ budget boost economic growth in the UK? | Unemployment
From: Counting the CostThe finance minister has put getting Britons back into work at the heart of his plan for economic growth. The United Kingdom’s…
US adds 311,000 jobs in February, unemployment at 3.6 percent | Business and Economy News
Unemployment rate raises slightly, Fed expected to continue interest rate hikes in light of strong jobs numbers. The US economy added jobs at a solid…
US Fed still up in the air on speeding up rate hikes: Powell | Business and Economy News
Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasised that debate was still under…
Layoffs revised up in January but US labour market still strong | Business and Economy News
US job openings fell less than expected in January and data for the prior month was revised higher, pointing to persistently tight labour market conditions…
US Fed’s Powell opens door to higher, faster interest rate hikes | Business and Economy News
The United States Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to…
US labour market continues to be strong | Business and Economy News
Labour market resilience and stubbornly high inflation have increased the odds the US Federal Reserve will continue to raise interest rates. The number of Americans…
Biden taps key figure in unemployment fraud scandal for Labor chief
WASHINGTON — President Biden on Tuesday nominated Julie Su to be his next Labor secretary, setting up the Californian to become the first Asian American he…
US labour market remains tight, monthly producer prices rise | Business and Economy News
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience despite tighter monetary policy.…