China recently reported its highest youth unemployment rate to date. However, the number of college graduates is also reaching a record high this year. These elements, coupled with an economic decline caused by the communist regime’s COVID-19 lockdowns, are making the unemployment issue especially acute. According to data published by the authorities in mid-May, the…
China’s Youth Unemployment Rate Hits Record-High, While College Grads are Record Breaking 10 Million in 2022
June 2, 2022
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SoCal Unemployment Rates Dips Again in April: EDD Reports
May 20, 2022
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Unemployment rates continue to drop in Southern California, according to April 2022 figures released on Friday, May 20, by California’s Employment Development Department (EDD). Los Angeles County’s seasonally adjusted unemployment rate fell to 5.5 percent in April, down from a revised 5.7 percent in March and well below the 10.4 percent rate a year ago. According…
New Zealand Unemployment at Record Lows as Wages Climb
May 5, 2022
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New Zealand’s unemployment rate remains at a record low 3.2 percent for the second consecutive quarter, as annual wage growth hits its highest levels in 13 years, according to Statistics NZ. Yet, the body noted that the Omicron wave in January caused significant levels of absenteeism, bringing down the actual number of worked hours during…
‘Need All Hands on Deck’: A Look at Income Supports, Teen Workers Amid Aging Workforce, High Job Vacancies
High job vacancies, low unemployment rates, and an aging Canadian workforce are major challenges facing the economy, say two academics, who also point to COVID income supports and declining teen labour participation as issues demanding significant responses from employers and policy-makers alike. Late in April Statistics Canada announced that the country has more people aged…
California’s Labor Shortages Persist Amid Dropping Unemployment Rate
April 19, 2022
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California’s unemployment rates decreased substantially over the past year according to the latest data from the U.S. Department of Labor, but businesses still face worker shortages. Employment rates have increased in 49 states in the nation, according to an April 15 report (pdf) released by the labor department’s Bureau of Labor Statistics, with California accounting…
SoCal Unemployment Rates Continue Dropping in March: EDD Reports
April 15, 2022
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Southern California’s unemployment rates continue dropping, with food services, education, and health services leading the job growth, according to figures released on April 15 by the state Employment Development Department (EDD). Los Angeles County’s seasonally adjusted unemployment rate fell to 5.8 percent in March, down from a revised 6.3 percent in February and from the 10.5…
Australian Jobless Rate to Steadily Fall to ‘Low Threes’: Job Ads Report Suggests
April 4, 2022
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New job advertising data indicated that Australia’s unemployment rate was likely to stay in the “low threes” until the end of 2022. According to an ANZ report, the average total number of job ads in Australia rose 0.4 percent to 245,891 in March after experiencing a 10.9 percent growth in February. The report noted that…
Russia Has Withstood ‘Economic Blitzkrieg,’ Citizens Must Prepare for Inflation and Unemployment: Putin
March 17, 2022
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President Vladimir Putin is claiming that Russia has survived widespread international economic sanctions following Moscow’s invasion of Ukraine, but he admitted that the country will see rising inflation and unemployment in the future. Putin defended the military action in a televised government meeting March 16 and called on Russian citizens to “mobilize” to face the…
San Diego County Unemployment Rises to 4.7 Percent in January
March 11, 2022
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SAN DIEGO—San Diego County’s unemployment rate increased to 4.7 percent in January, up from a revised 4.1 percent in December and below the year-ago estimate of 8.5 percent, according to figures released on March 11 by the state Employment Development Department (EDD). This compares with an unadjusted unemployment rate of 5.5 percent for California, which…
Neb. Gov. on Historic Low Unemployment; Bitcoin Donations Going Up for Freedom Convoy | NTD Business
The state of Nebraska notched the lowest unemployment rate in the history of America, we bring you an exclusive interview with the governor of Nebraska, Pete Ricketts, to see what the state is doing right. Coffee prices rising across the United States. We take a look at what’s behind it — and how smaller coffee…
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