The Latest Breaking News on Economy

Economists expect employment to have risen by around 50,000 jobs in September, a modest improvement compared with the mere 22,000 jobs added in August, but still far below the 2024 average monthly gain of roughly 168,000 jobs.

The recovery of real wages is expected to be so slow that it will take us until 2044 to get back to having as much purchasing power as in 2021

Sterling dropped to a two-and-a-half-year low against the euro before regaining some ground

THE INDEPENDENT VIEW: Editorial: With a £20bn Budget black hole to plug, the chancellor has no option but to break Labour’s manifesto pledge – tinkering in the margins will hurt growth, while slashing public spending will lead to electoral ruin

GDP is growing, but employers have all but stopped hiring as they watch how the trade war plays out.

With the U.S. government shutdown still clouding official labor statistics, alternative data from private firms and banks is sending a clear message: the labor market is cooling, and markets are betting big that the Federal Reserve will respond with another rate cut at its Oct. 30 meeting.

Interpreting economic data is challenging on a good day—harder still when crucial reports go missing.

The United States suspended the publication of a key employment report Friday as a partial government shutdown entered its third day, casting a fog over the health of the world's biggest economy.

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.