Tag: Labor Market
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US Jobs Report: November Adds 64k Jobs, Unemployment 4.6%
November Job Gains Amid Mixed Signals The Labor Department reported that the United States added 64,000 jobs in November, a figure that offers mixed signals about the strength of the labor market. While the payrolls increased, the figure followed a sharp decline the prior month, with October showing a loss of 105,000 positions as federal…
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U.S. Jobs Report November: More Hiring, Unemployment at 4.6%
Overview: Modest Hiring in November The latest U.S. jobs report shows a cautious uptick in hiring for November, with about 64,000 new jobs added. While this is a positive signal after a loss posted in October, the pace of hiring remains uneven by historical standards. The unemployment rate ticked up to 4.6%, underscoring that the…
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Hong Kong Unemployment Holds at 3.8% Amid Solid Economic Expansion
Hong Kong’s Unemployment Rate Stays Steady at 3.8% Hong Kong’s jobless rate edged or, more precisely, remained unchanged at 3.8% in the latest three-month window, according to preliminary data from the Census and Statistics Department. While the headline figure stayed flat, the labour market has shown mixed signals as the workforce and total employment declined…
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Namibia Admits Inability to Track Jobs Created Under New Administration
Namibia’s Admission: A Gap in Job Tracking In a candid disclosure during a general meeting with the Namibia Statistics Agency, the National Planning Commission (NPC) director general, Kaire Mbuende, acknowledged a critical challenge: there is no reliable system to quantify how many jobs have been created since the current administration took office. The admission underscores…
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Namibia’s Job Tracking Blind Spot: Government Admits Inability to Track Jobs Created
Policy Blindspot as Administration Takes Office The Namibian government faces a surprising transparency challenge: there is no reliable system to track how many jobs have been created since a new administration assumed office. This admission came from National Planning Commission (NPC) director general Kaire Mbuende during a general meeting with the Namibia Statistics Agency (NSA).…
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UK youth bear the brunt as jobs downturn bites, say thinktank
The mounting challenge for Britain’s young jobseekers Britain is facing a rising unemployment backdrop that is impacting younger workers more sharply than other age groups, according to a new analysis from the Resolution Foundation. With official figures anticipated to show unemployment climbing to around 5.1%, the thinktank highlights a growing “jobs deficit” for young people…
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UK Jobs Downturn Hits Young People Harder, Warns Think Tank
Overview: A Youth-Focused Jobs Crisis in the UK Britain’s job market is cooling, and a new report from the Resolution Foundation highlights a troubling trend: young people are bearing the heaviest burden as unemployment edge rises. With official figures anticipated to show the unemployment rate nudging higher, the think tank warns that a “jobs deficit”…
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UK jobs downturn hits young workers hard in Britain today
Introduction: A Youthful toll from the UK’s jobs slowdown Britain’s job market is cooling, and the most acute impact is being felt by young people. A leading thinktank warns that a “jobs deficit” is widening as the economy shifts, even before national unemployment figures are released. With analysts expecting the official unemployment rate to edge…
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Vacancies Slump to Four-Year Low as Firms Brace for Budget
Overview: A Cautious Hiring Landscape Job vacancies have fallen to a four-year low as businesses prepare for the upcoming Budget, signaling a cautious approach to recruitment amid potential tax rises and policy shifts. October data show visually convincing signs that employers are tightening the reins on hiring, with vacancies totaling 796,385—down more than 7% from…
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JD Vance’s Immigration Critique of Canada: A Closer Look at Claims of Stagnating Living Standards
Overview of the Claims U.S. Senator and former presidential candidate JD Vance recently sparked a debate by linking Canada’s immigration policy and political leadership to what he described as stagnating living standards. In a series of posts, Vance argued that Canada’s public institutions, including its public broadcaster, and the country’s immigration system contribute to slower…