The Chinese communist regime has not set any numeric target for urban job creation in its latest five-year plan for the first time in at least three decades, amid persisting unemployment and a sluggish economy.
The number of Americans filing applications for unemployment benefits eased from last week's four-month high as the job market continues to hold steady.
In an interview clip released in August, Geoffrey Hinton, the pioneering computer scientist known as the “godfather of AI,” warned that he was “fairly confident” that AI would drive massive unemployment.
The number of Americans filing for state unemployment benefits climbed above economists' expectations, jumping last week to the highest level since February.
Some factories in eastern China’s Jiangsu and Zhejiang provinces have recently increased testing and deployment of humanoid robots to replace human workers amid the country’s persisting high unemployment, according to Chinese media reports and local industry
Canada's economy lost 18,000 jobs and saw the unemployment rate increase to 6.9 percent in April, according to labour force survey data released May 8 by Statistics Canada.
The House Ways and Means Committee's Subcommittee on Work and Welfare holds a hearing on reclaiming “forgotten” fraudulent pandemic unemployment funds frozen by banks at 10 a.m. ET on March 5.
ET on Feb. 3 to announce charges in connection with an alleged fraud scheme involving more than 100 stolen identities used to obtain more than $1 million in SNAP and COVID-19 unemployment benefits across more than half a dozen states.
More people were counted as employed and fewer as unemployed, which pushed the unemployment rate down by 0.3 percent.
A lower unemployment rate is generally a good thing.
Mintz noted that the country’s youth unemployment rate has “jumped up quite a bit” since the beginning of 2025, when it was at 13.6 percent while the overall unemployment rate was 6.6 percent.
