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The Latest Breaking News from Unemployment

Jerome Powell and Economists Agree: Gen Z Faces a Hiring Crisis And That's Not About AI

In 2025, the rising unemployment rate among Americans under 25, specifically recent graduates, has become a significant economic concern. This problem seems to be uniquely American, stemming from a “no hire, no fire” economy, rather than the advent of artificial intelligence (AI).

Benzinga

Top economists and Jerome Powell agree that Gen Z's hiring nightmare is real—and it's not about AI eating entry-level jobs

"The U.S. labor market experience is peculiar," UBS' Paul Donovan wrote in a UBS note asking, "the kids are alright?"

Fortune

Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening

Over 2 million job seekers used Goodwill's employment services last year—and the charity's CEO says it's gearing up for an influx of unemployed young people, thanks to AI.

Fortune

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Hidden unemployment in Europe: Which countries face the greatest labour market slack?

The definition of unemployment is restrictive, excluding many people who are not in work. Labour market slack, by capturing additional groups of people without jobs, provides a more comprehensive picture than unemployment alone.

Euronews

Inside the Fed’s economic projections, ‘something isn’t adding up’ according to SoFi’s investment chief

The Fed says the economy will grow and unemployment will decline. So why did it cut interest rates on Wednesday?

Fortune

Trump's Tariffs Leading US To The 'Foothills of Stagflation,' Warns Larry Summers: 'Confidence Has More Room To Decline'

Former Treasury Secretary Lawrence Summers cautioned that the United States may be heading into a period of stagflation led by President Donald Trump’s trade and tariff policies, citing the lingering effects of tariffs and rising risks for both unemployment and inflation.

Benzinga

College Students Are Getting Discouraged About Their Job Prospects Amid The Relentless AI Boom

Artificial intelligence is innovating many industries, but there is a growing concern among young professionals that AI may be coming for their jobs. Bentley University Lecturer Jeff LeBlanc says that his students occasionally joke about AI taking their jobs.

Benzinga

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The Federal Reserve Cuts Rates With Inflation Still Hot. Is Political Pressure Winning?

When the Federal Reserve is concerned about inflation, it increases the federal funds rate. Despite expressing such concerns, the Fed lowered it.

Reason

Fed rate cut is attempt to prevent recession without sending prices soaring

The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market.

The Conversation

Federal Reserve cuts US interest rates for first time since December

Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald Trump

The Guardian - US

The Rate Cut Trump Wanted Is Here — And Fed Hints More May Follow

After months of mounting pressure from President Donald Trump, the Federal Reserve on Wednesday cut its benchmark interest rate by 25 basis points to 4.00%-4.25%, delivering a widely expected move that ends a nine-month policy pause.

Benzinga

Signs of cooling labour market in surprise job numbers

Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy.

AAP

When The Fed Blinks: Why Protecting Jobs Now Outweighs Taming Prices

According to the U.S. Bureau of Labor Statistics, the unemployment rate has inched up to 4.2% from a low of 3.4% last year, while monthly job gains have slowed to an average of 116,000 over the past three months, down from 251,000 in the same period of 2023.

International Business Times

Bethany’s disorders meant she was unlikely to get a job — then the Standard-backed charity Toucan stepped in

People with learning difficulties and disabilities face a 95% unemployment rate, but getting a job can be transformative for their self esteem and independence

Evening Standard

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The Guardian - UK

UK pay growth stays high – but Britons are feeling the pinch

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

The Guardian - UK

State pension on course for inflation-busting 4.7% rise under triple lock; JLR production shutdown extended again – as it happened

“Pensioners will be rejoicing at the prospect of an inflation-busting rise to the state pension from April next year,” says analyst

Evening Standard

FTSE 100 Live 16 September: State pension boost, five stars for Trustpilot and Kier results

The release of unemployment and wage growth figures today kicked off a significant week for the UK economy.

Evening Standard

Stand-up comedian Tom Davis says he knows pain of unemployment - as he backs our appeal

The former scaffolder says he relates to marginalised young people who can’t catch a break — and wishes he’d known about The King’s Trust when he was young

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The Guardian - US

As US edges closer to stagflation, economists blame Trump policies

Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty

The Independent UK

Unemployment, inflation and GDP growth will be worse this year than projected, budget office says

The Congressional Budget Office has released new economic projections, indicating that unemployment, inflation and overall growth will worsen in 2025 before improving over the next year

Euronews

Sweden is tracking job-seekers online to crack down on public benefits fraud

The agency will soon begin contacting the 4,000 people identified by the tracking system, who are at risk of losing public benefits.

Benzinga

Husband Slacks As Wife Work 4 Jobs While He Applied To 3 Per Week—And His Reality Check Could Save Your Marriage

The brutal wake-up call that went viral this week wasn’t about crypto crashes or market meltdowns—it was about a husband whose two-year unemployment stint nearly destroyed his family’s finances while his wife juggled multiple jobs to keep them afloat.

Benzinga

Inflation And Unemployment Are Soaring–And The Fed Is Now Trapped

Thursday's economic releases revealed an unusual mix of rising prices and a spike in jobless claims — a toxic cocktail that thrusts the U.S. economy into a stagflationary environment and places the Federal Reserve in one of the toughest positions a central bank can face.

Evening Standard

For young black Londoners, finding work is especially tough, but our campaign can help

Unemployment is tough for everyone, but especially for young Black Londoners who face dramatically higher unemployment rates. With a £200K donation tipping our total over £700K, we are helping to change lives

Barchart

Why Is the U.S. Labor Market Weakening?

The government’s latest jobs report paints a bleak picture of the U.S. labor market. Unemployment is rising fast, while payroll and wage growth have slowed to a crawl. Believe it or not, this rapid decline has been a long time coming.

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