unemployment rate news

Australia's unemployment rate falls to 3.9pc

US job growth rebounds in November; unemployment rate ticks up

A closely-watched report from the U.S. Labor Department on Friday showed job growth surged in November, raising bets that the Federal Reserve would cut interest rates later this month. Nonfarm payrolls increased by 227,

The Australian Financial Review · 1d

‘Bye-bye’ February rate cut as unemployment rate falls to 3.9pc

More than 35,000 jobs were added to the economy in November, pushing the jobless rate below 4 per cent for the first time since March.

Business Insider · 1d

Australia Jobless Rate Falls To 3.9% In November

The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said

Reuters on MSN · 1d

Australia Nov jobless rate unexpectedly drops to 3.9%

Australian employment rose by more than what was forecast in November, while the jobless rate posted a shock decline to an eight-month low indicating the labour market was proving far more resilient than policy makers expected.

Bloomberg L.P. · 1d

Australian Job Gains Persist as Unemployment Unexpectedly Falls

Australia’s unemployment rate unexpectedly fell in November as the nation’s streak of hiring gains extended, underscoring the resilience of the labor market to elevated interest rates and prompting traders to pare back bets of a February interest-rate cut.

Bank of Canada slashes interest rate

Reuters · 1d

Bank of Canada likely to reduce interest rate by 50bps

The Bank of Canada is poised to cut its key policy rate by another 50 basis points on Wednesday as weak unemployment numbers and poor growth underscore an economy that needs support, economists and analysts said.

Wall Street Journal · 1d

Bank of Canada Delivers Second Straight Half-Point Interest Rate Cut

For the second time in a row, the Bank of Canada cut its main interest rate by a half-percentage point, saying lower rates are needed to address weaker-than-expected growth and a softening labor market.

Business Insider · 1d

Bank Of Canada Slashes Interest Rates By Another 50 Basis Points

With inflation around 2 percent, the economy in excess supply, and recent indicators tilted towards softer than projected growth, the

6don MSN

Unemployment rate jumps more than a percentage point for Black women in November

While the overall jobless rate inched higher to 4.2%, the figure jumped sharply among Black women and rose to 6% in November.

Cleveland’s unemployment below 4% for third time in quarter-century

CLEVELAND, Ohio - The unemployment rate for Cleveland has dropped below 4% for the third time in the last 25 years, according ...

Rolling Out3d

Unemployment reshapes opportunities for Black Americans

Uncover the untold story of rising job struggles for Black Americans, exposing deep racial divides in economic recovery.

Inflation May Prove Stickier, Making Deeper 2025 Rate Cuts Less Likely

The Federal Open Market Committee started cutting interest rates in September and that process looks set to continue.

Unemployment Ticks Up, to 4.2% Rate

The U.S. unemployment rate rose to 4.2% in November, according to data released Friday. That’s above what economists surveyed ...

Rolling Out5d

Unemployment spike hits black women as labor market cools

While the U.S. unemployment rate overall saw a slight rise from 4.1% to 4.2%, deeper analysis by demographic highlights a ...

17h

SNB Slashes Policy Rate In Half

Australia reported a stronger-than-expected November jobs growth and an unexpected decline in the unemployment rate. Click to ...

1don MSN

Australia's unemployment drops to 8-mth low, markets pare Feb rate-cut bets

Australia's jobless rate posted a shock decline to an eight-month low in November, while employment extended its strong run, ...

6don MSN

Canada's unemployment rate rises to 6.8%, raising odds of jumbo interest rate cut

Unemployment was up in most of Canada’s major cities, with Windsor recording the highest jobless rate at 8.7 per cent.

23h

WA’s jobless rate falls dramatically in November amid ‘blockbuster’ national data that trims hope of rate cut

An extraordinary fall in WA’s unemployment rate to just 3.3 per cent has played a big role in Australia’s “blockbuster” ...

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Australia's unemployment rate falls to 3.9pc

Bank of Canada slashes interest rate

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