He also called attention to the high unemployment rate, especially among young people aged 16 to 24.
Li cautioned that if employment and investment were left unresolved, broader economic goals would face severe difficulties.
It would be mass unemployment among factory workers and rural migrant laborers—precisely the population the Party fears most when it becomes idle and angry.
He said many workers earn only 9 to 12 yuan (about $1.33 to $1.77) per hour while facing unemployment risks, underfunded social security systems, and concerns over healthcare and retirement costs.
The consensus forecast shows 110,000 new jobs and an unemployment rate holding steady at 4.3 percent. Average hourly earnings are also projected to tick up.
“Under Labor, Australia has the lowest average unemployment of any government in half a century, smaller deficits and less debt than the Coalition left us, booming business investment, with tax cuts and higher wages that the right-wing parties oppose.
WASHINGTON—The number of Americans seeking unemployment aid fell last week, matching the lowest level in 42 years, strong evidence that employers remain confident enough in the economy to hold onto their staffs.
“Private companies added a net 98,000 jobs in June after adding 122,000 jobs in May,” according to reports, while unemployment remained stable at 4.2 percent.
Inflation, at a per-month rate, is at a historical low almost, and unemployment is about 4.2. Gross domestic product is strong at 2.3 percent, 2.4 percent.
The stock market is high.
These programs include Supplemental Nutritional Assistance Program (SNAP) food assistance, MassHealth, Social Security disability payments, housing assistance, and unemployment benefits, the DOJ reports.
“The funds that the defendants obtained and laundered through their companies were derived from fraudulently obtained state unemployment compensation (‘UC’) benefits.
The southwestern Sunshine State county’s unemployment rate was 5.7 percent in April 2026, significantly higher than the national unemployment rate of 4.3 percent for the same month.
Macklem’s positive view of Canada’s economy came after he said back in June he did not believe Canada’s economy was in a recession, as Canada’s industries had not seen broad-based declines and the unemployment rate had remained stable.
The Labor Department is putting all 50 states on notice, warning that they must comply with measures to stop fraud schemes related to unemployment insurance, or risk losing federal funding.
Last week, President Barack Obama unveiled a number of proposals that are aimed at changing the unemployment system, and he touted the 5.6 percent unemployment rate as an achievement.
At the same time, the labor market remains intact, with the unemployment rate hovering at about 4 percent. But hiring momentum stalled in June, as payrolls expanded by 57,000, below economists' expectations.
According to the authors, immigration accounted for about 20 percent of the variation in house prices, and about 30 percent of changes in economic growth and unemployment three years after a surge in arrivals.
U.S. hiring smashed expectations in May as 172,000 jobs were added and unemployment held steady at 4.3 percent. NTD has more on the new jobs report.
Chinese and Hong Kong investors are barred from investing in SpaceX.
"Too many countries are still weighed down by the legacies of the financial crisis, including high debt and high unemployment," she said.
From The Associated Press
"Even though inflation came down again in the figures released last week, and unemployment came down again last week as well, we know that people are still under pressure," he told parliament.
Sonderling has also focused on unemployment insurance fraud and guidance on employee benefit programs. The department under his leadership called for immediate action from governors on issues with fraud, which Vice President JD Vance has supported.
Youth unemployment among those aged 16 to 24 stood at 16.9 percent as of March 2026. This overhang limits authorities' capacity to counter the demand slump and contributes to persistent deflationary pressure alongside the property correction.
Fifty-seven years ago, the United States enjoyed a low unemployment rate of 3.5 percent, before spiraling into a climate often referred to as stagflation—an environment of anemic growth, high unemployment, and rising inflation.
May’s jobs report shed light on the overall unemployment situation.
The main headline was the unemployment rate holding steady at 4.3 percent, continuing to hover around historically low levels.
Prices soared, nothing worked, unemployment lines lengthened, and the Brits got a lot poorer.
Britain’s share of world output fell by half, from more than 10 percent to less than 5 percent.
