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The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too long to cut interest rates.

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U.S. unemployment rises as the Fed holds tight on key interest rates • Maine Morning Star

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The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too long to cut interest rates. The economy added 114,000 jobs and the number of people who were on temporary layoff rose […]

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Nearly 30% of young Ph.D. graduates in South Korea are unemployed, with humanities and arts graduates facing nearly 40% joblessness. The overall employment rate for those in their 20s has fallen to 59.7%, highlighting a growing gap between education and job availability. Urgent economic and hiring reforms are needed to address the crisis.

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South Korea’s Ph.D. Graduates Face Rising Unemployment Crisis

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South Korea is currently facing a significant crisis with its unemployment rates, particularly among recent Ph.D. graduates under 30. A staggering 29.6% of these…

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Portugal’s Unemployment Rate Drops Amid Growth

Portugal’s unemployment rate fell to 6.2% in January 2025, continuing a steady decline. The youth jobless rate also dropped to 19.5%, while employment reached a record 5.167 million.

Economic growth, fueled by consumer spending and investment, saw 2.8% GDP growth in Q4 2024. Government measures, including faster work visas and tax breaks for young workers, are boosting the job market. Portugal remains one of the eurozone’s top performers, alongside Spain.

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Unemployment was 6.2% in Portugal in January 2025, the lowest since October 2022.

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The unemployment rate fell to 6.2% in Portugal in January 2025 from 6.4% in December 2024, according to the provisional estimates of Statistics Portugal. The jobless rate has been gradually declining since last November.

The rate is slightly higher than the EU average. According to the latest figures published by Eurostat, the unemployment rate was 6.3% in the eurozone in December and 5.9% in the European Union.

In January 2025, the employed population, estimated at 5.167 million, has reached its highest value since the beginning of the data series in February 1998.

For the same month, the unemployment rate for women was 6.5%, exceeding that for men (6%).

The youth unemployment rate, which measures job-seekers between the ages 16-24, fell to 19.5%, from 20.4% in December 2024 and hit its lowest level since June 2023 (18.7%).

The employment rate slightly rose to 64.6% from 64.5%.

The economy is booming in Portugal

Portugal has recently implemented steps to support its job market, including a new migrant employment support programme last October, made steps to speed up its work visa process as the country's government aims to issue permits within 30 days. Portugal's decision to streamline its work visa process, aiming to issue permits within 30 days or less, is set to reshape its job market and attract foreign workers to fill critical vacancies. The government has also proposed tax breaks for those below 35 years old.

The economy in Portugal is one of the most promising growth engines of the eurozone, hand in hand with Spain, the world's fastest-growing major economy last year.

The smaller Iberian country has recorded stable growth over the past year, fuelled by consumer spending and investment. The GDP grew by 2.8% year-on-year in the last three months of 2024.

According to Oxford Economics, the two countries will continue to be clear outperformers within a struggling eurozone in 2025.

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Portugal: Unemployment hits its lowest level in more than two years

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Unemployment was 6.2% in Portugal in January 2025, the lowest since October 2022.

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" 'No reason to panic': Unemployment rate steady despite shock job losses "

Australia's unemployment rate remained steady at 4.1 per cent in February, as labour force participation declined.

According to the Australian Bureau of Statistics (ABS), 52,800 jobs were lost from the economy, well below forecasts of a 30,000 increase in employment.

The drop in employment came as fewer people were in work or looking for a job, with the participation rate falling to 66.8 per cent, from a record high of 67.3 per cent in January.

The ABS attributed part of the fall in employment to fewer older workers returning to work in February, with employment among older age groups lower than in the same month in 2024.

In January, the unemployment rate edged higher to 4.1 per cent, but the rate of workforce participation hit a new high and the number of jobs added significantly beat forecasts.

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Unemployment rate steady despite shock job losses

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Australia’s unemployment rate remained steady at 4.1 per cent in February, as labour force participation declined from a record high.

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Unemployment rates have climbed across the U.S., with Washington, D.C. hitting 5.3%. Maryland and Virginia both reported a 3% unemployment rate for January 2025, an increase from the previous year. While Maryland saw a slight decrease from December, Virginia’s rate ticked upward. At least five states recorded jobless rates above 5% last month.

Federal layoffs appear to be a factor in the rising number of unemployment claims in the D.C. area, though the full impact remains uncertain. In response, local officials are organizing job fairs and support programs. Maryland has also launched a new website to assist displaced public servants in finding new opportunities.

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DC amongst the highest unemployment rate, Maryland and Virginia tie

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The unemployment rate across the country has reached new heights in comparison to previous years, with D.C. recording a jobless rate of 5.3%.

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US economy headed for a major recession in 2025?

Trump's trade war, declining GDP growth rate, high unemployment and declining retail sales data are indicators of a potential US recession.

US Unemployment: The U.S. unemployment rate rose to 4.1% in February 2025, up from 4.0% in January. According to the Sahm Rule, when the three-month average unemployment rate rises more than a half percentage point from the minimum rate over 12 months, a recession is likely, followed by larger unemployment increases.

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Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday.

Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, according to findings published in the WEF’s Future of Jobs Report. But, unlike the previous, 2023 edition, this year’s report did not say that most technologies, including AI, were expected to be “a net positive” for job numbers.

“Advances in AI and renewable energy are reshaping the (labor) market — driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers,” the WEF said in a press release ahead of its annual meeting in Davos later this month.

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41% of companies worldwide plan to reduce workforces by 2030 due to AI | CNN Business

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Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday.

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Unemployment Rate in Singapore remained unchanged at 1.90 percent in the fourth quarter of 2024 from 1.90 percent in the third quarter of 2024. Unemployment Rate in Singapore is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Unemployment Rate in Singapore remained unchanged at 1.90 percent in the fourth quarter of 2024 from 1.90 percent in the third quarter of 2024. This page provides the latest reported value for - Singapore Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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India's unemployment rate has experienced fluctuations in recent years. According to the Economic Survey 2025, the unemployment rate decreased to 3.2% in 2023-24, down from 6% in 2017-18, indicating significant job creation during that period.

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Sanjay-The State of Youth Unemployment in South Africa

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Sanjay-The State of Youth Unemployment in South Africa

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The Brookings article, "The State of Youth Unemployment in South Africa," discusses the disturbing levels of youth unemployment as of 2013 at around 63 percent. Structural unemployment is the preferred adjective with respect to the issue, stressing the point that there exists a failure of match in the skills of the youth job seekers and those desired by the employers. The article indicates that most youths lack a basic skills foundation because there is a drastic deficiency in the education system that fails to equip them adequately for available job opportunities. It also condemned current policies for tackling youth unemployment, where it laments that they focus much on education and vocational training but few or nothing on the demand side such as employment creation. The article calls for radical overhauls in education and training systems to combat such issues.

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The State of Youth Unemployment in South Africa

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Morné Oosthuizen explores the challenges and successes of South Africa's policies and programs tackling the country's high youth unemployment rate.

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In August, 2024, unemployment rate in Korea has fall 2.4%.

This is the lowest record since 1999, which shows unemployment rate in Korea is being lower and lower.

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Tharun - Unemployment rate stagnant, reveals government survey

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Tharun - Unemployment rate stagnant, reveals government survey

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The recent government survey reveals that India's unemployment rate remains mostly unchanged, with only a slight increase in agricultural employment and stagnant growth in manufacturing jobs. Women's workforce participation has improved, notably for rural and religious demographics. Rural and urban labor force participation rates have increased since 2017-18, though expert Santosh Mehrotra describes the employment situation as grim. An uptick in agricultural labor suggests a fallback on unpaid family work, while the manufacturing sector has not expanded job opportunities over the last decade.

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Unemployment rate stagnant, reveals government survey

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Periodic Labour Force Survey (PLFS) reveals stagnant unemployment rate, increased women workforce participation, and lack of job growth in manufacturing.

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Lea- India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ

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Lea- India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ

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The unemployment rate in India has slightly decreased from 6.7% to 6.6% for the quarter ending June 30, 2024. This data comes from the Periodic Labour Force Survey, which also noted that the urban unemployment rate remained steady at 6.6% compared to the same quarter last year. For males, the unemployment rate fell from 5.9% to 5.8%, while for females, it decreased from 9.1% to 9.0%

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IANS
Representative image.

The unemployment rate in urban areas for individuals aged 15 years and above was 6.6 per cent in April - June 2024 (Q1 FY25), remaining unchanged from the first quarter of FY24, a government survey showed on Friday.

As per the Periodic Labour Force Survey, India's unemployment rate for the quarter ended on June 30 declined from Q4 FY24 when the rate stood at 6.7 per cent.

This comes amid the ongoing debate over the state of employment in India and the government announcing programmes to cater the youth as part of its latest budget.

For males, the Unemployment Rate (UR) slightly decreased from 5.9 per cent in the previous year to 5.8 per cent, and for females, it marginally declined from 9.1 per cent to 9.0 per cent, as per the latest data.

Quarter-on-quarter, unemployment in males fell from 6.1 per cent to 5.8, while it rose from 8.5 per cent to 9 per cent in the females.

The survey shows an encouraging increase in the Labour Force Participation Rate (LFPR) in urban areas among individuals aged 15 years and above, rising from 48.8 per cent in Q1 FY24 to 50.1 per cent in Q1 of FY25. The LFPR for males increased from 73.5 per cent to 74.7 per cent and for females from 23.2 per cent to 25.2 per cent, marking an upward trend of participation across genders.

Lastly, Worker Population Ratio (WPR) also improved, moving from 45.5 per cent in April - June 2023 to 46.8 per cent in April - June 2024.

Specifically, the WPR for males increased from 69.2 per cent to 70.4 per cent, while for females, it rose from 21.1 per cent to 23.0 per cent, the survey findings showed.

Unemployment trends in last four quarters

From April to June 2023, the UR for males was 5.9 per cent, for females was 9.1 per cent, and overall was 6.6 per cent.

In the subsequent period from July to September 2023, the UR slightly increased to 6.0 per cent for males and decreased to 8.6 per cent for females, maintaining an overall rate of 6.6 per cent.

During October to December 2023, the UR for males decreased to 5.8 per cent, while it remained at 8.6 per cent for females, resulting in a slight decrease in the overall rate to 6.5 per cent.

From January to March 2024, the UR for males rose to 6.1 per cent, and for females, it was 8.5 per cent, with the overall rate increasing to 6.7 per cent.

In the latest period from April to June 2024, the UR for males was 5.8 per cent, for females was 9.0 per cent, and the overall rate was 6.6 per cent.

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India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ

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India's urban unemployment rate stayed steady at 6.6 per cent in Q1 FY25, unchanged from Q1 FY24, according to a government survey. The Labour Force Participation Rate rose to 50.1 per cent. Notably, the Worker Population Ratio improved to 46.8 per cent, underscoring a positive trend in employment metrics for the period.

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Ju Yeon- Finland's unemployment rate hits 8.4% in September

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Ju Yeon- Finland's unemployment rate hits 8.4% in September

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Economic affair presented the number of unimplemented jobseeker in Finland at the end of September with peaking 30,000 higher compare with last year. The statistic shows that 8.4% of unemployment rate has increased which is unradical and unrealistic in Finland. However, still, employment rate in Finland is 71.9% which is significantly higher than the other countries.

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A total of 280,000 people were out of work in Finland at the end of September, an increase of 30,000 compared to the same period last year.

File photo. Image: Antti Haanpää / Yle

The number of unemployed jobseekers in Finland at the end of last month was 30,000 higher compared to one year ago, according to figures released on Tuesday by the Ministry of Economic Affairs and Employment.

A separate report by Statistics Finland revealed that the country's unemployment rate rose to 8.4 percent in September, or a full percentage point higher than at the same time last year.

In total, based on the ministry's figures, the number of unemployed jobseekers totalled 279,700 at the end of September, while the number of unfilled vacancies stood at 56,200.

There has also been a noticeable increase in the number of long-term unemployed.

"The number of long-term unemployed - that is those who had been unemployed without interruption for at least a year - amounted to 98,700, up 8,800 on the previous year. The number of unemployed jobseekers aged over 50 was 99,400, representing an increase of 8,100 on the year before," the ministry's report said.

This figure for unfilled vacancies has nearly halved compared to September 2023.

The ministry's report also noted that there were 54,000 fewer people in employment last month compared to September of last year. This means that Finland's employment rate stands at 71.9 percent, a drop of 1.4 percentage points on the same period last year.

The difference between the figures published by the ministry and the data supplied by Statistics Finland is explained by the fact that the ministry's information is based on the customer register of the Employment and Economic Development Offices (TE offices) and local government pilots on employment, while Statistics Finland compiles its numbers via survey sampling.

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Finland's unemployment rate hits 8.4% in September

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A total of 280,000 people were out of work in Finland at the end of September, an increase of 30,000 compared to the same period last year.

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US labor market plodding along, but jobs becoming more scarce. - Rakesh

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US labor market plodding along, but jobs becoming more scarce. - Rakesh

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Although new applications for unemployment aid have decreased, the number of people registered in the unemployment aid program and registered to collect benefits has been the highest in the past 3 years. This highlights how it has become more difficult for those unemployed to find new positions and jobs. This highlights how job-seekers are facing more friction in finding employment in the US labor market. Moreover, US Firms have experienced lower profit margins even in a steady economy. In addition, Federal Reserve officials in the US, have announced that employment has increased slightly, with more than half of the districts reporting a moderate and slight growth. In contrast, others have reported no change in growth. This shows a discrepancy in the job market in different areas and communities in the U.S. Weather and climatic conditions due to a recent hurricane may have exacerbated these factors.

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US labor market plodding along, but jobs becoming more scarce

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New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years, indicating it was becoming harder for those losing jobs to land new positions.

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Yuvan - brckbybrck.com - Labour Force Survey, August 2024

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Yuvan - brckbybrck.com - Labour Force Survey, August 2024

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Canada's labor market began to feel some tightening in August 2024 as unemployment increased for all age groups. However, it was the younger people who felt the most losses, as their unemployment rate jumped to 14.5% and the unemployment rate for core working-age men hit 5.7%. Education offered little protection against losing one's job, either, as unemployment rose among people with all educational backgrounds-high school graduates to university-educated workers. Such a fact of increase in unemployment across wide groups gives an implication that the job market is facing broader challenges.

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Highlights

Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%.

Employment grew by 20,000 (+0.3%) among core-aged women (25 to 54 years old) in August, and held steady across other major demographic groups.

Employment rose in educational services (+27,000; +1.7%), health care and social assistance (+25,000; +0.9%), and finance, insurance, real estate, rental and leasing (+11,000; +0.8%). It declined in "other services" (-19,000; -2.3%), professional, scientific and technical services (-16,000; -0.8%), utilities (-6,800; -4.5%) and natural resources (-6,500; -1.8%).

Employment increased in Alberta (+13,000; +0.5%), Nova Scotia (+5,000; +1.0%), Manitoba (+4,400; +0.6%) and Prince Edward Island (+900; +1.0%), while there was a decline in Newfoundland and Labrador (-2,400; -1.0%).

Total hours worked were little changed in August (-0.1%) but were up 1.4% compared with 12 months earlier.

Average hourly wages among employees increased 5.0% (up $1.69 to $35.16) on a year-over-year basis in August, following growth of 5.2% in July (not seasonally adjusted).

Little overall change in employment in August

Employment was little changed in August (+22,000; +0.1%), as gains in part-time work (+66,000; +1.8%) were largely offset by a decline in full-time work (-44,000; -0.3%). This was the fourth consecutive month of little overall employment change.

The employment rate-the proportion of the population aged 15 and older who are employed-decreased by 0.1 percentage points to 60.8% in August, the fourth consecutive monthly decline and the 10th decline in the past 11 months. On a year-over-year basis, the employment rate was down 1.2 percentage points in August, as employment growth (+1.6%) was outpaced by growth in the population aged 15 and older in the Labour Force Survey ( LFS) (+3.5%).

The number of private sector employees rose by 38,000 (+0.3%) in August, largely offsetting a similar-sized decrease in the previous month (-42,000; -0.3%). The increase in private sector employment in August was the first since April. Public sector employment and self-employment were both little changed in August.

Year-over-year employment growth concentrated among core-aged men and women

In August, employment grew by 20,000 (+0.3%) among core-aged women (25 to 54 years old) and held steady across other major demographic groups.

Employment growth in the 12 months to August was concentrated among people in the core working age. While employment was up on a year-over-year basis for men (+207,000; +3.0%) and women (+115,000; +1.8%) aged 25 to 54 in August, it was virtually unchanged among youth (15 to 24 years old) and people aged 55 and older.

On a year-over-year basis, the employment rate was down for youth as well as for people in the core working age in August. Declines were larger for young men (-4.5 percentage points to 52.3%) and young women (-3.5 percentage points to 55.2%), reflecting relatively strong population growth and virtually no employment growth for the youth population.

Unemployment rate increases to 6.6% in August

The unemployment rate rose 0.2 percentage points to 6.6% in August, after holding steady in July. The unemployment rate in August was the highest since May 2017, outside of 2020 and 2021, during the COVID-19 pandemic. The unemployment rate has generally trended up since April 2023, rising 1.5 percentage points over this period.

There were 1.5 million unemployed people in August 2024, an increase of 60,000 (+4.3%) from July and an increase of 272,000 (+22.9%) from August 2023.

Among those who were unemployed in July, 16.7% had transitioned to employment in August (not seasonally adjusted). This was lower than the corresponding proportion in August 2023 (23.2%), an indication that unemployed people may be facing greater difficulties finding work.

Unemployment rate rises for core-aged and older men in August

In August, the unemployment rate rose for men aged 25 to 54 years old (+0.4 percentage points to 5.7%) and for men aged 55 and older (+0.4 percentage points to 5.5%), while it was little changed for other major demographic groups.

Although the unemployment rate was up across all age groups on a year-over-year basis in August, the increase was largest for youth (+3.2 percentage points to 14.5% in August). The rate was up for young men (+3.8 percentage points to 16.3%) and young women (+2.6 percentage points to 12.6%).

For core-aged people, the unemployment rate was up 0.9 percentage points to 5.4% on a year-over-year basis in August. Increases for this age group were observed across all levels of educational attainment. On a year-over-year basis, the unemployment rate was up in August for core-aged people with a high school diploma or less (+1.5 percentage points to 8.2%), for those with some post-secondary education below a bachelor's degree (+0.7 percentage points to 5.5%) as well as for those with a bachelor's degree or a higher level of education (+0.9 percentage points to 6.2%) (not seasonally adjusted).

Difficult summer for students seeking employment

From May to August, the LFS collects labour market data on youth aged 15 to 24 who were attending school full time in March and who intend to return to school full time in the fall. With data for August now available, it is possible to examine the labour market situation of returning students in 2024, over the entire four-month summer period (not seasonally adjusted).

On average from May to August 2024, the unemployment rate for returning students aged 15 to 24 was 16.7%, up from 12.9% in 2023. The unemployment rate for the summer of 2024 was the highest since 2012 (when it was 17.6%), excluding the summer of 2020.

The unemployment rate of returning students over the summer months of 2024 was up for both young men (+4.5 percentage points to 18.1%) and young women (+3.3 percentage points to 15.5%) compared with the same period in 2023.

The unemployment rate increased for returning students across all age groups in the summer of 2024 compared with the summer of 2023. Among the youngest-those aged 15 and 16-more than one-quarter (27.0%) were unemployed this summer (up from 22.1% in 2023). For returning students aged 17 to 19, the unemployment rate was 17.7%, up from 12.5% in 2023. For older returning students-those aged 20 to 24-the unemployment rate was 11.1%, up from 8.3% in 2023.

The summer job market in 2024 was particularly difficult for returning students aged 15 to 24 who were part of the three largest racialized groups. Among Black returning students, the unemployment rate was 29.5% on average from May to August 2024. This represents an increase of 10.1 percentage points compared with the same period in 2023. The unemployment rate was also up in the summer of 2024 among Chinese students who intended to return to school full time in the fall (+7.4 percentage points to 22.4%) and their South Asian counterparts (+5.1 percentage points to 21.5%).

Employment up in educational services and health care and social assistance, while falling in "other services" and professional, scientific and technical services

In August, employment rose by 27,000 (+1.7%) in educational services, the first increase since January. There were 75,000 (+5.1%) more people employed in this sector compared with 12 months earlier.

In health care and social assistance, employment increased by 25,000 (+0.9%) in August. In the 12 months to August, employment gains in health care and social assistance (+157,000; +5.8%) were the largest of any sector and accounted for nearly half (49.6%) of total net employment growth.

Year-over-year employment growth in health care and social assistance was recorded both in the private sector (+94,000; +8.6%) and in the public sector (+77,000; +6.1%). Self-employment in health care and social assistance was little changed over the period (not seasonally adjusted).

In August, employment decreased in "other services" (which includes personal and repair services) (-19,000; -2.3%) following five months of little change.

Employment also fell in professional, scientific and technical services (-16,000; -0.8%) in August. Despite the monthly decline, employment in the industry was up by 47,000 (+2.5%) on a year-over-year basis.

Employment increases in Alberta, Nova Scotia, Manitoba and Prince Edward Island, while Newfoundland and Labrador posts a decrease

Employment in Alberta increased by 13,000 (+0.5%) in August, after holding steady in June and July. The unemployment rate in the province increased by 0.6 percentage points to 7.7%, as more people searched for work.

Employment also increased in Nova Scotia (+5,000; +1.0%), Manitoba (+4,400; +0.6%) and Prince Edward Island (+900; +1.0%). While the unemployment rate was little changed in both Nova Scotia (at 6.7%) and Manitoba (at 5.8%) in August, it fell 0.7 percentage points to 8.2% in Prince Edward Island.

Newfoundland and Labrador was the lone province to record an employment decline in August (-2,400; -1.0%), pushing the unemployment rate up 0.8 percentage points to 10.4%.

In Quebec, employment was little changed in August and the unemployment rate remained at 5.7%. Employment in the province was also little changed on a year-over-year basis, while the number of people in search of employment grew by 67,000 (+32.7%), pushing the unemployment rate up 1.3 percentage points.

Ontario also saw little employment change in August, following an increase of 22,000 (+0.3%) the previous month. The unemployment rate in Ontario increased 0.4 percentage points to 7.1% in August, as more people searched for work.

Unemployment rate rises in most of the large census metropolitan areas

Among Canada's 20 largest census metropolitan areas ( CMAs), based on the size of the LFS population aged 15 and older, Windsor posted the highest unemployment rate at 9.2% in August, followed by Edmonton (8.6%) and Toronto (8.0%). Unemployment rates were lowest in the Victoria (3.3%) and Québec (4.0%) CMAs (three-month averages).

On a year-over-year basis, the unemployment rate rose in nearly all 20 of the largest CMAs, with the biggest increases in Windsor (+3.2 percentage points to 9.2%), Oshawa (+2.5 percentage points to 7.8%) and Edmonton (+2.4 percentage points to 8.6%) (three-month averages).

In the spotlight: Recent immigrants see little change in their average hourly earnings in August and are less likely to believe they are paid appropriately

On a year-over-year basis, average hourly wages for all employees increased 5.0% (+$1.69 to $35.16) in August, following increases of 5.4% in June and 5.2% in July (not seasonally adjusted).

Wage growth varied across different population groups. For recent immigrants (who had landed in Canada within the previous five years), average hourly wages were little changed at $30.59 (-1.3%) on a year-over-year basis in August. Among more established immigrants (who had landed in Canada more than five years earlier), average hourly wages rose 6.3% in the 12 months to August (+$2.15 to $36.15).

In comparison, Canadian-born employees saw their average hourly wage increase by 6.0% (+$2.04 to $35.83 per hour) over the same period.

In August, the LFS included additional questions about the extent to which workers were satisfied with their pay and felt that they were paid appropriately, considering their efforts and achievements.

The results show that the majority of employees aged 15 to 69 either strongly agreed (22.8%) or somewhat agreed (39.8%) that they were paid appropriately in their job. More than 7 in 10 employees (72.5%) who had hourly wages in the top quartile of the wage distribution strongly or somewhat agreed that they were paid appropriately, compared with fewer than 6 in 10 (56.5%) among those with wages in the bottom quartile of the wage distribution.

In August, more than one-third of employees who were recent immigrants (35.1%) had hourly wages in the lowest quartile of the wage distribution, compared with less than one-quarter for their Canadian-born counterparts (23.5%).

The proportion of recent immigrants who somewhat or strongly agreed that they were paid appropriately (57.3%) was lower than the corresponding proportions for both employees born in Canada (64.0%) and more established immigrants (60.2%).

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Sustainable Development Goals

On January 1, 2016, the world officially began implementation of the 2030 Agenda for Sustainable Development -the United Nations' transformative plan of action that addresses urgent global challenges over the next 15 years. The plan is based on 17 specific sustainable development goals.

The Labour Force Survey is an example of how Statistics Canada supports the reporting on the Global Goals for Sustainable Development. This release will be used in helping to measure the following goals:

Products

More information about the concepts and use of the Labour Force Survey is available online in the Guide to the Labour Force Survey ( 71-543-G).

The product " Labour Force Survey in brief: Interactive app" ( 14200001) is also available. This interactive visualization application provides seasonally adjusted estimates by province, sex, age group and industry.

The product " Labour Market Indicators, by province and census metropolitan area, seasonally adjusted" ( 71-607-X) is also available. This interactive dashboard provides customizable access to key labour market indicators.

The product " Labour Market Indicators, by province, territory and economic region, unadjusted for seasonality" ( 71-607-X) is also available. This dynamic web application provides access to labour market indicators for Canada, provinces, territories and economic regions.

The product Labour Force Survey: Public Use Microdata File ( 71M0001X) is also available. This public use microdata file contains non-aggregated data for a wide variety of variables collected from the Labour Force Survey. The data have been modified to ensure that no individual or business is directly or indirectly identified. This product is for users who prefer to do their own analysis by focusing on specific subgroups in the population or by cross-classifying variables that are not in our catalogued products.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations ( statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

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Employment was little changed in August (+22,000; +0.1%) while the employment rate decreased 0.1 percentage points to 60.8%. The unemployment rate rose 0.2 percentage points to 6.6%.

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Ayane - Mental health patients could get job coach visits

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Ayane - Mental health patients could get job coach visits

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The UK government is considering deploying job coaches to visit mental health patients in hospitals to help them re-enter the workforce, as part of a broader effort to reduce disability and incapacity benefit costs. However, disability rights groups expressed concerns, fearing this approach could worsen patients' mental health. They argue hospitals should remain spaces of care, not employment centres.

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Faisal Islam, Mitchell Labiak & Chris Newlands

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Mental health patients could get job coach visits, says minister

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Pensions Secretary Liz Kendall says trials of the idea have produced “dramatic results”.

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This year, according to ILO, the global unemployment rate is expected to drop. According to a recent report, statistics displayed that women from low-income countries are badly affected by the lack of opportunities.

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ILO expects global unemployment to drop slightly in 2024, but slow progress to reduce inequalities is "worrying"

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GENEVA (ILO News) - New projections indicate that global unemployment will fall modestly this year even as inequalities in labour markets persist, with women in low-income countries particularly affected, according to a new International Labour Organization (ILO) report.

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Odisha Labor Force Faces Mass Unemployment! - Aarnav

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Odisha Labor Force Faces Mass Unemployment! - Aarnav

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The above article discusses the cause, effect, and solutions being taken pertaining to the labor force in Odisha. The article is informative and was published by the Business Standard on 23th October, 2024.

Odisha has experienced a great increase in unemployment; 3.2% to 3.6% of people of working status in the city, and 3.4% to 6.2% in the suburbs. This has left approximately 1 million people in need for a job. 2 types of unemployment are exhibited in the article. Frictional unemployment, pertaining to the youth, and cyclical unemployment.

To combat this issue, the state government has partnered with selected organisations and launched the Odisha Skill Development and Employment Exchange program. 3,86,699 females and 7,17,530 males registered for the program, however only 8000 people have received jobs so far.

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Odisha’s unemployment rate at 3.9%, situation worse in urban areas: Govt

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Odisha had an unemployment rate of 3.9 per cent, which was higher than the national average of 3.2 per cent, Skill Development and Technical Education Minister Sampad Chandra Swain told the assembly on Friday.

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Even though the unemployment rates are low in North Ireland, the income itself is low and the county is facing inflation. This might lead to, in the future, a increase in unemployment rate.

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Job figures: record low in NI unemployment rates

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Figures are showing a drop in unemployment rate and uptake in the number of people on company payrolls

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A compelling article as it diesects the costs and effects of the past increase of unemployment during feburary.

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iStock
Representative image

Unemployment rate in India inched higher to 7.45% in February 2023 from 7.14% in January 2023, taking the total number of unemployed in the country to 33 million compared to 31.5 million in January. This is on the back of a significant increase in rural unemployment after it was on a decline in the preceding four months, the Centre for Monitoring Indian Economy said.

According to CMIE's weekly labour market analysis, last month saw a marginal improvement in India's labour participation rate to 39.92% in February compared to 39.8% in January 2023 resulting in an increase in the labour force from 440.8 million to 442.9 million.

"However, only around 0.6 million were able to secure employment while the remaining 1.5 million people were rendered unemployed. This explains the increase in unemployment rate in the month of February," it said.

Unemployment rate in rural India climbed up from 6.48% in January to 7.23% in February, which is an addition of 2.3 million unemployed people in the rural workforce, bucking the trend over the last few months.

"This rise in unemployment in February comes as a surprise because rural unemployment was on a downward trajectory in the preceding four months," CMIE said.

The urban unemployment rate, on the contrary, fell from 8.55% in January to 7.93% in February, which translates to a fall in the number of unemployed persons by around 0.73 million to 11.3 million unemployed people in February.

As per the CMIE, it is interesting that the difference in unemployment rates of rural and urban India has been on a decline in the past three months.

Its data shows that in December 2022, unemployment rate in urban India was 2.65 percentage points higher than unemployment rate in rural India. This difference fell to 2.07 percentage points in January 2023, and further to 0.7 percentage points in February though the urban unemployment rate in India continues to be higher than rural unemployment rate, it added.

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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India's unemployment rate increases to 7.45% in February

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According to CMIEs weekly labour market analysis, last month saw a marginal improvement in Indias labour participation rate to 39.92% in February compared to 39.8% in January 2023 resulting in an increase in the labour force from 440.8 million to 442.9 million.

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Wealth inequality in India dipped during Covid; here’s how (Luca and Jonah

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Wealth inequality in India dipped during Covid; here’s how (Luca and Jonah

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Thanks to COVID many of the lower class citizens in India were able to get bonuses and support from the government to allow them to reach extreme poverty and level the inequality between the rich and poor

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Wealth inequality in India across states declined from 2019-21, and procurement and free distribution of rice and wheat are having a profound impact, particularly for the lowest wealth quintiles for low-income states, the latest report by SBI Research shows.

The report says studies in India have revealed that inequality declined during the pandemic. "In fact, the NBER study concludes that there was a decline in income of the rich attributable to the high sensitivity of business income to aggregate fluctuations," it adds.

Thus, in hindsight, the Covid-19 pandemic may have been a leveller in terms of inequality, with the poor getting protected through measures such as food transfers, the report finds. "IMF WP 2022 concluded that pandemic support measures by the government of India were critical in preventing extreme poverty in India and thereby prevented a rise in inequality, with food transfers."

"Taking a cue from wealth distribution, we went a step further to test the hypothesis of how the free food grain distribution is impacting the distribution of wealth on population quintiles for the poorest of the poor," writes Dr Soumya Kanti Ghosh, group chief economic advisor, SBI Research.

The impact of the share of rice procurement -- since Rice is still the staple food for most people in India -- was analysed for 20 states, and the percentage of wheat procurement was studied for 9 states.

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Wealth inequality in India dipped during Covid; here's how

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Wealth inequality in India across states declined from 2019-21, and procurement and free distribution of rice and wheat are having a profound impact, particularly for the lowest wealth quintiles for low-income states, the latest report by SBI Research shows. The report says studies in India have revealed that inequality declined during the pandemic.

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As the covid pandemic hit, Women's employment decreased on the whole while Male employment was not hit as hard. This is due to the prevalence of male employees in International trade and other business sectors that remained safe when shifting to the virtual world. However since there is a higher percentage of women in personal service sectors, women on the whole were not able to work as much and had much less participation in the labour market

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By Simonetta Zarrilli and Henri Luomaranta, UNCTAD

Women textile workers perform quality control tests in İzmir, Turkey. / © International Labour Organization

The COVID-19 pandemic has had a negative impact on both women's and men's employment - but at different stages of the crisis due to the gender segregation of economic activities in many countries.

UNCTAD analysis shows that early measures to curb the spread of the virus first hit jobs held predominantly by women, such as personal services. At the outset of the pandemic, a higher prevalence of the virus correlated with a higher rate of female unemployment (Figure 1).

But as the crisis worsened and disrupted cross-border value chains, the impact on men's employment increased because they tend to work in sectors and jobs that are more dependent on international trade.

Even more worrisome, though, than how the pandemic has affected unemployment rates is its impact on women's participation in the labour market.

The available data reveals that even in countries where men's unemployment rate outpaced that of women, more women left the labour market entirely in 2020. The significant drop in the number of women actively searching for a job threatens to reverse decades of progress on women's empowerment.

Men's unemployment increased as the crisis worsened

Overall, the volume of international trade in goods dropped by a dramatic 16% in the second quarter of 2020 compared with the same period of 2019.

In manufacturing, the global trade slump affected sectors that primarily employ men. In the United States, for example, exports of capital goods, industrial supplies and automotive industries were hit hard. Men comprise more than 70% of people employed in manufacturing, according to the US Bureau of Labour Statistics.

By August 2020, data started to show increases in men's unemployment. Meanwhile, in countries where the spread of the virus had begun to slow, governments started easing confinement measures, allowing people to return to their jobs, especially women in the services sector.

But women's labour force participation still fell more

Yet even as men's unemployment overtook that of women in some countries, women's labour force participation continued to decline more rapidly, adding an important nuance to the COVID-19 unemployment landscape.

Discouraged by the pandemic, many people who lost their jobs stopped actively looking for work. Since such people are excluded from unemployment statistics, it's important to also analyse labour force participation.

Figure 3 shows the strong correlation that exists between COVID-19 prevalence and a decline in women's labour force participation. The International Labour Organization also found that women's working hours dropped dramatically in 2020.

Part of the explanation lies in women's high share of tourism jobs. Globally, tourism suffered an estimated loss of $1.3 trillion in export revenues - more than 11 times higher than during the 2009 global economic crisis, according to the World Tourism Organization, which warned that up to 120 million tourism jobs were directly at risk.

A closer look at specific countries

In the US, 4.4% of both women and men were unemployed in March 2020. But in just one month, unemployment jumped to 16.1% for women and 13.6% for men. The gender difference disappeared gradually and both rates fell to 6.7% in December 2020. But during the year, women's labour force participation dropped by 3.4% compared with 2.8% for men.

Chile provides another good example of how COVID-19 has affected men's and women's unemployment and labour participation differently.

In the South American nation, men's unemployment increased faster than women's in spring and summer 2020 - a 90% drop for men compared to less than 60% for women. Yet in August 2020, women's decline in labour force participation was worse, falling 16.6% year-on-year compared with 10% for men.

Statistics from Italy show that women's employment was hit harder at the start and throughout the pandemic. According to the national statistics institute ( ISTAT), 326,000 women had lost their jobs in 2020, compared with 141,000 men. Overall, women's labour force participation in the European nation was notably lower than that of men before the crisis (56.2% compared with 74.6%) and decreased even more during it (by 3.7% for women and 1.2% for men).

From the viewpoint of women's empowerment, it's particularly alarming that in these and other economies more women than men are leaving the workforce.

More gender-disaggregated data needed

COVID-19's impacts on unemployment are not gender neutral, and recovery efforts should include targeted action to bring more women back into the workforce.

Effective response measures and policies require comparable and granular statistics to tell the full story of the pandemic's socioeconomic impacts on women and men. Governments must therefore provide national statistical offices with the resources they need to produce more gender-disaggregated data that can be used to assess the economic aspects of gender equality.

UNCTAD is working closely with them and international organizations to develop better statistics and policies to enable the design of recovery responses that improve gender equality in the future economy and job markets.
Simonetta Zarrilli is the chief of UNCTAD's trade, gender and development programme, and Henri Luomaranta is an UNCTAD statistician. Sources for figures 1-4: The University of Oxford, Blavatnik School of Government (2020), United Nations Department of Economic and Social Affairs (2019), and ILO (2021).

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Gender and unemployment: Lessons from the COVID-19 pandemic

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The COVID-19 pandemic has had a negative impact on both women's and men's employment - but at different stages of the crisis due to the gender segregation of economic activities in many countries. UNCTAD analysis shows that early measures to curb the spread of the virus first hit jobs held predominantly by women, such as personal services.

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Unemployment for Black and Hispanic women rose while more workers join the labor force. - Rachel and Thomas 

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Unemployment for Black and Hispanic women rose while more workers join the labor force. - Rachel and Thomas 

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While the participation rate of labor force increased for black and Hispanic women, unemployment rate for both have increased. Black women saw their unemployment jump from 4.7% to 5.1. This shows how in our economy, there is a disadvantage of the national unemployment rate on certain population including race and gender.

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1. Find and link a piece of news that helps you connect, discuss and teach an aspect of unemployment we have been studying.
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