Economic growth
Japan's job market remains robust, with the unemployment rate unchanged at 2.5% in June, according to government data. Economists had expected a slight increase in the unemployment rate, but the economy's resilience is a positive sign. However, the ratio of job vacancies to job seekers
Economic growth
As President Trump declared the country was in a Golden Age, the US commerce department announced that inflation had ticked up to 2.6%, while unemployment rose to 4.2% in July, and the US lost 258,000 fewer jobs than previously reported. The economic data shattered expectations, giving the
Economic growth
The Washington region's economy is beginning to experience the disproportionate impacts of federal budget cuts, with signs of strain emerging across key sectors that once helped prop up the region. Unemployment claims are surging, contractor work is shrinking, and local consumer spending is declining. The Trump administration'
Youth
Liberia took a historic step towards inclusive economic growth by launching the Africa's first Youth Entrepreneurship Investment Bank (YEIB), a $16 million initiative backed by the African Development Bank. The high-profile launch, attended by President Joseph Nyuma Boakai and AfDB President Dr. Akinwumi Adesina, marked a significant milestone
Youth
During his presidential campaign for the 2024 election, John Dramani Mahama, flagbearer of the National Democratic Congress (NDC), outlined a 24-hour economy policy as a key pillar of his economic agenda. The policy aims to expand job opportunities and stimulate continuous productivity across sectors. Mahama accused the current administration of
Youth
As Nigeria's population is projected to become the world's third-most populous, concerns are growing about the gap between education and employability, with youth unemployment escalating. Former Minister of Transportation Mu'azu Jaji Sambo has voiced alarm, warning that the country is at risk of a
Youth
Niagara's job market continued to hold steady in June, with the unemployment rate dipping slightly as more people found employment, particularly among young job seekers. However, labour market experts have noted signs of hesitancy, with modest gains in employment and subdued hiring outlooks. "Little bits of changes,
Youth
Wajir Governor Ahmed Abdullahi has emphasized the importance of vocational training in empowering young people and unlocking the county's economic potential. At a graduation ceremony for 40 women who completed a tailoring program at the Wajir Vocational Training Centre, Abdullahi highlighted the significance of technical skills in addressing
Economic growth
Beauty Secrets MedSpa, a leading beauty firm, has urged for the expansion of job opportunities in the beauty and wellness industry value chain, emphasizing the sector's potential to curb unemployment and foster inclusive economic growth. The industry, valued at $7.8 billion, offers a vast array of job
Economic growth
Amid growing economic uncertainty and volatility, Australia's unemployment rate has risen to 4.3% in June, up from 4.1% in May. The sharp increase in unemployment has significant implications for the Reserve Bank's decision to keep interest rates on hold earlier this month. Economists are
Youth
South African President Cyril Ramaphosa highlighted the importance of tackling youth unemployment, a primary challenge facing the nation, with large-scale programs to provide young people with income opportunities, skills development, and work experience. In his 2025/2026 financial year budget address, the President emphasized the significance of education in fighting
Youth
This year, Zambia joins the international community in celebrating World International Population Day (WPD) under the theme 'Empowering young people to create the families they want in a fair and hopeful world.' The Zambia Statistics Agency (ZamStats) reports that the country's population is growing at 3.
