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Financial markets have increased the chances of an interest rate cut later this year after a jump in the unemployment rate. The rise is being put down to high migration and more people joining the workforce to look for a job.

Australia’s unemployment rate rose to 4.1% in April

⏲ 2:1 👁 10M

JobClub

These 20 In-Demand Jobs in Saudi Arabia for 2023 Will Inspire You!

⏲ 8 minutes 20 seconds 👁 13.8K

GabeSweats

why the best universities aren’t that good

⏲ 1 minute 👁 2.9M

Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.

Credit Card Delinquencies Are on the Rise

⏲ 1:31 👁 32M

Mahad Khan

How to Earn a FULL FOUR-YEAR SCHOLARSHIP

⏲ 33 seconds 👁 183.2K

Gohar Khan

What Are the Highest Paying Majors?

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What is important when considering a career change?

Things To Consider Before A Career Change

⏲ 1:41 👁 5.5M

Gohar Khan

Is Computer Science Right for You?

⏲ 31 seconds 👁 963.5K

MahadJobs

solution for employer and job seekers mahadjobs

⏲ 1 minute 22 seconds 👁 2.4K

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Walmart is closing stores and laying off employees.

Walmart closing stores, laying off hundreds

⏲ 1:45 👁 29.7M

Latest Govt Jobs - Sarkari Naukri

Marga Prakalpa VIbhag Mahad Recruitment 2018 - December Jobs - Walk-in-Interview

⏲ 4 minutes 9 seconds 👁 254

Gk Media

Top 10 Pakistani Youtubers #youtubeshorts #shorts #ytshorts

⏲ 35 seconds 👁 388.2K

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