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But unemployment does not fall in lockstep with an increase in growth. It is more common for businesses to first try to recover from a downturn by having the same number of employees do more work or ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday.
Economists say the rise in unemployment among Black Americans could be a troubling sign for the economy at large.
Continuing unemployment claims jumped to 1.97 million in late July, according to a Labor Department report, highlighting a weakening labor market.
The US added 73,000 jobs in July, short of the expected 106,000. Unemployment rose as expected to 4.2%, the same rate as in March through May. Job growth from May and June was revised down ...