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Unemployment

South Africa’s unemployment bloodbath in Q2 2024

by Anas Siddiqui
South Africa’s unemployment bloodbath in Q2 2024

Stats SA’s latest data reveals the full extent of South Africa’s unemployment bloodbath in Q2 2024. An election year is always going to be potentially disruptive for South Africa’s unemployment rate, …

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Unemployment rate unchanged in July, though jobless rate for young people continued to rise

by Anas Siddiqui
Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed …

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Aurora may give city’s homeless camping ban more teeth

by Akin Smith
Aurora may give city’s homeless camping ban more teeth

Wayne Wilkins has been homeless in Aurora for just over a year after failing to pay his $1,375 monthly rent at an apartment he used to lease in the city. …

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India medical school exam scandal ignites attacks against Modi’s government

by Walter Watson
India medical school exam scandal ignites attacks against Modi’s government

Every year, over 2 million students in India battle it out to get one of just 110,000 available spots to study medicine. Of the total seats available, around 60,000 are …

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California gig worker law AB 5 withstands challenge from Uber

by Vera Ward
California gig worker law AB 5 withstands challenge from Uber

By Levi Sumagaysay | CalMatters Uber lost its long-running attempt to overturn a California law that would require it to provide employment rights to its drivers and delivery workers. The …

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‘Kangaroo tribe’ grows with 66% of young Korean adults dependent on their parents

by Walter Watson
‘Kangaroo tribe’ grows with 66% of young Korean adults dependent on their parents

By Yi Whan-woo Kim Young-joon, 30, increasingly bickers with his parents over minor issues as the years go by. Despite obtaining a master’s degree, he turned down job offers because …

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Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2%

by Anas Siddiqui
Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2%

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday. Economists were expecting an average of 30,000 jobs to be …

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What to expect from Friday’s big jobs report

by Ron Morgan
What to expect from Friday’s big jobs report

Liu Jie/Xinhua via Getty Images Investors will be looking to May’s nonfarm payrolls report for more clarity on whether the Federal Reserve can ease up in its battle against inflation. …

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Can India’s Modi win over allies to press ahead with economic reforms after election?

by Walter Watson
Can India’s Modi win over allies to press ahead with economic reforms after election?

“We expect policy continuity, especially with regard to budgetary emphasis on infrastructure spending and boosting domestic manufacturing to support robust economic growth,” said Christian de Guzman, a senior vice-president at …

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Opinion | Will Modi’s election setback end investors’ love of India?

by Walter Watson
Opinion | Will Modi’s election setback end investors’ love of India?

The shock result is a kick in the teeth for pollsters. For markets, it is a reminder that complacency can be costly. Yet, foreign institutional investors – whose bullish views …

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