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Unemployment

International

New Zealand’s jobless rate increases to 5.3% in third quarter

Initial claims for state unemployment benefits dropped to a seasonally adjusted 219,000 for the week ended Oct 25 from 232,000 in the prior week, JPMorgan calculated.
International

US weekly jobless claims fall, economists estimate

In the construction sector, employment jumped to 13,700 in Q2, from 5,800 in the previous quarter.
Singapore

Singapore’s total employment up by 24,800 in Q3; resident employment growth expected to lag: MOM

People make their way in Sydney’s central business district during the office lunch break on March 25, 2025. Australia will fortify its economy against damaging US tariffs in a government budget to be unveiled on March 25, Treasurer Jim Chalmers said as he touted plans to boost homegrown "green" manufacturing. (Photo by Saeed KHAN / AFP)
International

Australian unemployment rate jumps to four-year high of 4.5%

The shutdown has sent hundreds of thousands of US federal workers home, with spillover effects to contractors, thousands of whom have been furloughed.
International

US weekly jobless claims increased amid government shutdown, economists estimate

Stable wage gains along with steady inflation remain a key condition for the BOJ to stay on its gradual tightening path.
International

Japan’s jobless rate edges up to highest in over a year

On Monday, British finance minister Rachel Reeves will announce that every young person who receives Universal Credit benefit payments for 18 months without “earning or learning” will be guaranteed an offer of paid work, although it was not immediately clear what work this would be.
International

Britain’s Reeves set to guarantee jobs for young unemployed

The SkillsFuture Jobseeker Support Scheme provides temporary financial support of up to S$6,000 over six months to support involuntarily unemployed individuals' job-search efforts.
Singapore

About 60% of 7,200 applications for Jobseeker Support Scheme rejected so far

Federal Reserve officials lowered their benchmark interest rate by a quarter of a percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs, Sep 17, 2025.
Banking & Finance

US Fed lowers interest rate by 25 basis points, signals more cuts ahead

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey
Singapore

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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