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The recession was pinked-tinged, but so has been the recovery.
The number of people seeking jobless benefits has soared during the pandemic.
AP Photo/John Locher
The widely reported unemployment rate – currently 6.3% – doesn’t fully reflect the reality of joblessness in the US economy.
Governor Philip Lowe at the National Press Club in Canberra on Wednesday.
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Governor Lowe believes the unemployment rate will need to fall well below 5% before inflation climbs to the point where he needs to jack up rates.
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The Reserve Bank should stick to its guns. Australia’s economy still needs all the support it can get.
Turn that frown upside down.
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Governments use a variety of labor market policies to support workers who lose their jobs – each with a different impact on a country’s well-being.
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A high unemployment rate isn’t just bad for individuals without a job, and the costs aren’t just financial.
Young Nigerians display placards in support of the ongoing protests against police brutality.
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With 70 percent of its people under 30 years, Nigeria needs to harness the strength in its youthful population.
A Black Lives Matter protester outside the Federal Reserve Bank in New York.
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The economic status of Black Americans hasn’t changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?
The $600 federal jobless benefit expired on July 31.
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The $600 federal jobless benefit may be generous, but that doesn’t mean is isn’t what workers and the US economy need.
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More than eight out of 10 self-employed Australians have taken a significant financial hit from COVID-19, new ANUpoll data shows.
Business closures across the U.S. have caused job losses to spike.
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Several economists predict joblessness will eventually surpass the 25% rate experienced in 1933.
Statistics Canada reports that more than one million Canadians lost their job in the first month of the coronavirus pandemic, but the official figures don’t reflect the true impact on workers.
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The difficulty governments have had in meeting the needs of Canadian workers impacted by the coronavirus crisis has exposed holes in our social safety net and the inadequacy of existing labour laws.
Unemployed people wait outside a government office in NYC in 1933.
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Some economists are predicting joblessness to surpass the record level experienced at the height of the Great Depression as 22 million people file for unemployment benefits.
Supporting and empowering jobseekers has better results than the current “economic” approaches used by jobcentres up and down the country.
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Being out of work is hard: here’s how psychology is helping to make the process of finding a job a little easier.
Tunisians protest against tax hikes, austerity measures and increased food prices.
EPA-EFE/Mohamed Messara
Western perceptions of what’s happening in Tunisia differ sharply with Tunisia’s daily reality: the truth is that its political transformation is in trouble.
The latest claim that job-seekers are actively snubbing work opportunities flies in the face of research.
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Claiming “there are jobs out there for those who want them” is cheap rhetoric glossing over the reality of unemployment.
The long-term unemployed are a growing proportion of the unemployed. It’s hard to work out why.
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We’ve 41,000 more long-term unemployed than would be expected given the unemployment rate. Something has changed.
Millions of unemployed Americans have become too discouraged to look for work.
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An economist explains why the long-term drop in the participate rate is an even bigger problem for the US economy than the May slowdown in jobs growth.
Australia’s unemployment rate is at what would once been regarded as full employment. But that doesn’t mean it can’t fall further.
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We should ignore out-of-date and failed theories and test what full employment really means in 2018.
Students graduate.
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With the unemployment rate at about the lowest level in almost 50 years, how much lower could it go? An economist explains.