Hassett, October and Unemployment
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It appears that critical information on U.S. inflation, jobs and unemployment for October may disappear in a data “black hole,” as Trump administration officials say some key economic figures for the month may be lost forever.
South Africa’s unemployment rate dropped for the first time this year in the third quarter as the construction, community and trade industries added jobs.
The unemployment rate has plummeted in October as 42,000 Australians find a job. The latest figures from the Australian Bureau of Statistics show the unemployment rate has dropped to 4.3 per cent. The fall came as 42,000 Australians entered the workforce.
Further rate cuts could effectively be “done and dusted” after fresh jobs data showed a lift in employment in October, an economist has warned.
Unemployment increases to 5%, according to ONS, its highest rate since the pandemic and exceeding what many analysts had forecasted.
According to a new study from the Burning Glass Institute, the unemployment rate for recent college graduates is nearly equal to that of those with only a high school diploma.
The unemployment rate rose in the third quarter, making it more likely the Bank of England will cut borrowing costs in December.