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The Latest Breaking News on Economy

America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing

While unemployment is projected to hold steady at a low 4.3% in May, according to FactSet, the pace of job creation remains significantly slower than the boom experienced in the wake of pandemic lockdowns

The Independent UK

Graph mixes measures to falsely claim NZ govt has more than doubled net debt

A social media graph appearing to show New Zealand government net debt skyrocketing under the National-led coalition switches between three different measures across multiple years.

AAP

What Blair gets wrong about the economy – it is fired by people, not business

Letters: Readers respond to Jonathan Freedland’s article about Tony Blair’s vision for the future

The Guardian - UK

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Island state to cut, cut, cut its way back to the black

Tasmania will spend more on servicing debt in 2026/27 than on police, fire and emergency services, showing the scale of the state's borrowing challenge.

AAP

UK economy was on the right track – Trump’s Iran war has wrecked that

Domestic and overseas matters have combined to create a tough outlook for British businesses and consumers

The Independent UK

Unions ramp up minimum wage rise demands as costs soar

Low-paid workers should not go backwards because of Donald Trump's war, the peak union body says, as it calls for minimum wages to be raised to $26.45 an hour.

AAP

Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness

The CGT discount not only increased the benefit to non-wage earners, it did so in a way that incentivised investing in rental properties rather than shares

The Guardian - AU

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Bleak outlook for national economy if Iran war drags on

Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.

AAP

62% of Americans Don't Have a Bachelor's Degree — Here Are 9 Jobs That Pay Up to $100K Without One

Discover the high-paying jobs without a degree that are dominating the 2026 US labour market.

International Business Times UK

At least 160,000 to be cut from NDIS amid concerns vulnerable people will be left without care

Announcing a major overhaul of the scheme, health minister Mark Butler said it was costing ‘too much and is growing too fast’

The Guardian - AU

UK jobs market was in a fragile state – even before Iran war threatened recovery

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers

The Guardian - UK

Respected But Never Selected: The Real Reason You're Not Being Promoted at Work (and 5 Tips to Change That)

Delivering strong results but always passed over for promotion? Find out what's really behind your lack of advancement and how to get to the next level.

Kiplinger

Rachel Reeves must do more to protect us from a wartime slump

THE INDEPENDENT VIEW: Editorial: At a time of conflict in the Middle East, it would be unfair to blame the government for Britain now facing the biggest hit to growth of all the world’s major economies – but the public is right to expect the chancellor to display a surer…

The Independent UK

Labor backs above-inflation wage bump for low-paid

Wage increases have not been driving recent inflation pressures and low-paid workers deserve a real pay rise, the government says.

AAP

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Newslaundry

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

International Business Times UK

Trump Economy Stumbles as February Report Shows 92,000 Jobs Lost Amid Unemployment Rise

The US job market experienced a significant downturn in February, with a loss of 92,000 jobs, challenging the White House's economic narrative.

AAP

Wavering households ease urgency for more rate hikes

Economic data released this week will leave the Reserve Bank a little less concerned about underlying momentum in consumer demand, an economist says.

AAP

Unions demand an extra week of annual leave for workers

An extra week of annual leave would add two per cent to employment costs but reduce employee turnover and time lost to injury and stress, unions say.

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Evening Standard

Spring statement 2026: Forecasts at-a-glance

Chancellor Rachel Reeves said she had the ‘right economic plan’ for the UK despite the budget watchdog slashing its forecast for growth this year.

Evening Standard

Spring Statement 2026: UK growth forecast slashed as unemployment set to peak with young people hit hardest

Chancellor Rachel Reeves insisted she has the ‘right economic plan’ for Britain despite the budget watchdog slashing its forecast for growth this year

The Guardian - UK

Iran conflict could have ‘very significant’ impact on UK economy, OBR warns; FTSE 100’s biggest fall in 11 months – as it happened

Spring forecast show UK unempoyment to peak higher than feared, as tax take heads for a record, but headroom against fiscal rules has increased

AAP

Renewables growth energises spending as inflation rises

Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.

The Guardian - AU

Reserve Bank governor denies inflation is ‘taking off’ amid fears of fresh rate hikes

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

The Independent UK

I’m a health volunteer in Kenya – the impacts of the UK decision to cut aid are only growing

COMMENT: A year after the government announced a 40 per cent reduction in international development aid, Kristine Yakhama writes about the impact of the decision on the ground in Kenya’s Kakamega County

The Guardian - UK

Young bearing the brunt of UK tax and wage changes, says BoE economist

Huw Pill warns combined effect of national insurance and minimum wage rises have ‘acute’ effect on youth employment

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People

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FactSet

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