South Africa Marks 32nd Freedom Day Amid Economic Strain
South Africa commemorates its 32nd Freedom Day, celebrating democratic gains while grappling with high unemployment and economic strain.
Unemployment
Triple Pressures Squeeze US Economy as Growth Forecasts Dip
US economic growth forecasts face downward revisions as high inflation, rising unemployment, and slowing productivity create complex challenges for policymakers and global markets.
China Adds 12.56 Million New Urban Jobs in 2024, Employment Remains Stable
China created 12.56 million new urban jobs in 2024, with the unemployment rate at 5.1 percent, reflecting a stable employment situation, according to the Ministry of Human Resources and Social Security.
China Adds 12.56 Million New Urban Jobs in 2024, Employment Remains Stable
China created 12.56 million new urban jobs in 2024, maintaining a stable employment situation, according to the Ministry of Human Resources and Social Security.
U.S. Unemployment Rate Rises, Strengthening Case for Fed Rate Cut
An uptick in the U.S. unemployment rate in July strengthens the case for an interest rate cut by the Federal Reserve, as job growth slows and economists express concerns over a potential economic slowdown.
Barcelona’s Jobless and Homeless Hit Hard by COVID-19
In Barcelona, the COVID-19 pandemic has left many jobless and homeless, with long lines at soup kitchens and shelters filled to capacity, as locals like vlogger Roger document the unfolding crisis.