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The U.S. Somehow Lost Jobs Last Month While the Unemployment Rate Fell
Business and Economy

The U.S. Somehow Lost Jobs Last Month While the Unemployment Rate Fell

In a surprise to analysts, the United States economy lost jobs last month, per the Bureau of Labor Statistics (BLS). Economists polled by Bloomberg expected

US weekly unemployment claims fall to 208,000, fewest in 10 weeks
Business and Economy

US weekly unemployment claims fall to 208,000, fewest in 10 weeks

WASHINGTON (AP) — Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S. layoffs remain historically low. The number

South Africa's BEE Policy: Time for Reform Amidst Stagnant Income and Youth Unemployment
Politics

South Africa’s BEE Policy: Time for Reform Amidst Stagnant Income and Youth Unemployment

South Africa’s broad-based black economic empowerment (BEE) debate has been intensifying over the past few years, not least since the formation of the government of

American employers hired 172,000 workers in May, nearly double economist expectations, while unemployment held steady at 4.3%
Business and Economy

American employers hired 172,000 workers in May, nearly double economist expectations, while unemployment held steady at 4.3%

The U.S. economy added 172,000 jobs in May, marking the third consecutive month of solid payroll growth even as employers grapple with rising costs and

Black Unemployment Increase Signals Economic Concerns
Business and Economy

Black Unemployment Increase Signals Economic Concerns

Black Unemployment Rate Rises, Signaling Potential Economic Slowdown The unemployment rate for Black workers increased to 7.5% in August, marking the highest level since October