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The Latest Breaking News from Unemployment

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty

The Guardian - UK

UK economy could face ‘very significant’ impact from Iran conflict – OBR

The budget watchdog said that the outlook for inflation would be ‘particularly uncertain’.

Evening Standard

Reeves accused of being ‘tone deaf’ on energy prices as Middle East crisis deepens

Growth forecast cut again and unemployment to rise as chancellor warned economy risks big hit from Iran war – but Reeves insists ‘plan is right’

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Reeves’s talk of stability may be misplaced amid Iran war turmoil

Attempt to project calm in spring forecast may be short-lived if living costs and unemployment keep climbing

The Guardian - UK

Reeves insists she has right plan despite economic growth forecast cut

The Office for Budget Responsibility slashed the growth forecast for 2026 and hiked its expectation for unemployment.

Evening Standard

What we learnt from Rachel Reeves’ spring statement – and what it means for you

From energy prices to economic growth, here The Independent takes a look at everything we learnt from the chancellor’s spring statement

The Independent UK

Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR

UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last November.

Evening Standard

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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

Evening Standard

After the hashtag: Nepal's '#NepoKids' fall silent as election tests Gen Z anger

KATHMANDU: Nepal's Gen Z uprising last Sept did not begin with a speech or a scandal. It began with screenshots. Images of politicians' children posing beside designer shopping hauls, on luxury holidays, stopping traffic with lavish weddings. Those pictures travelled rapidly across social media platforms, becoming symbols in a widening…

The Times of India

Ken Griffin's Citadel Securities Debunks Citrini's Terrifying 2028 AI Doomsday Prediction

Citadel Securities challenges Citrini Research's dystopian economic crisis forecast of AI destroying global jobs, leading to a market crash and record unemployment in 2028.

International Business Times UK

Soaring numbers of jobless young women costing economy billions – report

PwC estimates that cutting young female Neet rates in the UK to 3.6% could add up to £11 billion to economic output.

Evening Standard

New study finds 6 types of ‘discouraged’ workers in Australia – and why they stop job-hunting

When we hear that Australia’s unemployment rate is low, it sounds like good news. The Australian Bureau of Statistics defines an unemployed person as someone who is not working but is actively looking for a job and available to start.

The Conversation

Mexico is losing its battle with the cartels after years of flawed strategy

Crime is deeply entrenched in Mexico. The Global Organized Crime Index, a tool designed to measure levels of organised crime in a country, places Mexico third out of 193 nations in terms of criminality. At the core of Mexico’s struggle with organised crime is its network of powerful drug cartels.

The Conversation

S&P Futures Slip Amid Risk Aversion, U.S. PPI Data on Tap

March S&P 500 E-Mini futures (ESH26) are trending down -0.41% this morning as investors continue to trim exposure to risky assets at the end of a volatile month.

Barchart

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Times Life

After Debate on 70-Hour Workweek, Narayana Murthy Urges Indian Youth to Prepare for AI Future

📍 New Delhi, India - After his remarks on a 70-hour workweek sparked nationwide debate, Infosys co-founder N. R. Narayana Murthy has turned his attention to a topic far bigger: artificial intelligence and the future of work. His message to young Indians isn’t fear-mongering, but preparation. Murthy’s recent comments come…

Evening Standard

Fact check: Youth unemployment, ‘burning snow’ and fake Andrew mugshot

Round-up of fact checks from the last few days compiled by Full Fact.

Fortune

Forget the STEM safety net. Peter Thiel warns AI is a bigger threat to technical roles than to creative thinkers

A new LinkedIn report supports some of the billionaire’s predictions, showing that job postings mentioning “storytellers” doubled over the past year.

The Guardian - UK

UK parents fear young will be worse off for first time in a century, ex-minister warns

Alan Milburn says people feel ‘social contract is being broken’ as number of Neets climbs to 957,000

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Euronews

AI doomsday? New thought experiment warns of social and economic upheaval by 2028

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

Capital & Main

AI Hiring, Scams and Setbacks: How Unemployment Becomes a Vicious Cycle

Sluggish labor market swells ranks of long-term unemployed, leaving some job seekers frustrated with an ever-shifting hiring landscape.

Fortune

‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of AI’s 2028 crisis that nobody sees coming

The S&P 500 will also plunge 38%, and unemployment will exceed 10%, James Van Geelen’s Citrini Research predicts.

The Independent UK

The UK’s most-applied for jobs in 2026 - and the salary you can expect from them

Unemployment continues to rise in the UK making applying for a new job a difficult task at times

Fortune

Forget 40 hours: The Dutch get their work done in just 32 hours a week—and women made it possible

Netherlands’ workers are only clocking in four days per week, while American staffers stuck in the 'grindset' average 43 hours on the job weekly.

Fortune

Entry-level tech and finance workers in Ireland are losing their jobs thanks to AI. Could that be a warning sign for the U.S.?

Youth job growth stays stagnant and unemployment is rising in Ireland in sectors AI is threatening to take over.

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