A new report has found that hundreds of thousands of jobs will evaporate in parts of Australia if the country cannot meet the requirements set by its emission-busting trading partners. Researchers Toby Phillips and Warwick Smith, from the Centre for Policy Development, an independent policy institute, published detailed modelling on Jan. 31 that found if the…
Jobless Claims Rise Above Expectations, Suggesting Bumpy Road to Labor Market Recovery
The number of American workers seeking unemployment benefits last week jumped to 419,000, well above expectations and a sign of a bumpy labor market recovery as the economy bounces back from pandemic lows. Initial filings for unemployment insurance, a proxy for layoffs, came in at 419,000 for the week ended July 17, the Labor Department…
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