unemployment - The Daily NewsBrief

China Encourages College Graduates to Work in Villages as Urban Unemployment Rises

June 13, 2022 by Fourth Estate Wire

China has advised college graduates to go to work in the countryside as youth unemployment in cities reaches historic highs. A joint statement issued last week by the ministries of...

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Visa Backlog Keeping Engineers Out Of Australia

June 10, 2022 by Fourth Estate Wire

The visa backlog in Australia has kept engineers out of the country despite the skills shortage. Australian Migration Service said Thursday the country had increased the waiting period for Skilled-Recognized...

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PayPal Cuts Staff to Reduce Rising Costs

May 27, 2022 by Fourth Estate Wire

PayPal has laid off employees from risk management and operations this week, with the company trying to cut down costs to shore up profits as spending on its platform has...

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Initial Weekly Jobless Claims Rise in the U.S.

May 19, 2022 by Fourth Estate Wire

The number of Americans filing new unemployment claims has increased last week. A report from the Labor Department showed the number of jobless individuals was at its lowest since the...

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900,000 Afghans Lose Jobs Since Taliban Takeover In August: SIGAR

May 10, 2022 by Fourth Estate Wire

The US Special Inspector General for Afghanistan Reconstruction (SIGAR) said Tuesday that at least 900,000 Afghans have lost their jobs since the Taliban takeover of Afghanistan in mid-August. “500,000 Afghan...

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Dozens of Jobless Youth Protest in Southern Iraq, Demanding Job

May 9, 2022 by Fourth Estate Wire

Dozens of jobless Iraqi graduates protested on Monday against widespread unemployment, and gathered in front of Dhi Qar Oil Company in southern Iraq, demanding job opportunities. The protestors shut down...

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Bank of England Expects 600,000 U.K. Job Losses

May 6, 2022 by Fourth Estate Wire

The Bank of England (BOE) said the unemployment rate in the United Kingdom may rise to 5.5 percent in the second quarter of 2025 amid current inflation and economic stagnation....

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Japan Unemployment Rate at 2-Year Low

April 26, 2022 by Fourth Estate Wire

Japan’s unemployment rate declined in March to its lowest level in two years as an easing of a COVID-19 wave allowed the government to lift restrictions. Japan’s monthly jobless rate...

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Moscow Mayor Claims 200k At Risk of Losing Jobs Due to Sanctions

April 19, 2022 by Fourth Estate Wire

Moscow Mayor Sergei Sobyanin said on Monday that around 200,000 people risk losing their jobs in Moscow because foreign companies have suspended operations or decided to leave the Russian market....

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Angry Demonstrators Shut an Oil Refinery in Iraq

April 13, 2022 by Fourth Estate Wire

A large number of people, the majority of them university graduates, protested at an oil refinery in southern Iraq on Wednesday to mark a general strike over unemployment. The protestors...

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