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The Latest Breaking News from Unemployment

Australian inflation jumps, adding to chances of an RBA interest rate hike

Inflation has risen further above the Reserve Bank of Australia’s 2–3% target. There is now a very real prospect the Reserve Bank will feel it needs to increase interest rates at its meeting next week, with an announcement due on Tuesday afternoon.

The Conversation

Don’t hold your breath for a Fed rate cut anytime soon. In fact, a hike could be in the cards

“Underpinning this is our belief that the labor market is improving, and that unemployment will decline ahead on a trend basis,” wrote Macquarie economists.

Fortune

Georgia governor suspends lawmaker accused of unemployment fraud

Georgia Gov. Brian Kemp has suspended state Rep. Sharon Henderson from the Georgia House

The Independent UK

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Dollar Falls on Stock Strength

The dollar index (DXY00 ) today is down by -0.28%. Today’s stock rally has curbed liquidity demand for the dollar. Losses in the dollar are contained due to today’s stronger-than-expected US economic news on weekly jobless claims and Q3 GDP. US weekly initial unemployment claims rose +1,000 to 200,000, showing...

Barchart

US applications for jobless benefits inch up last week to a still-low 200,000

The number of Americans who applied for unemployment benefits inched up last week but U.S. layoffs remain historically low despite signs of a softening labor market

The Independent UK

Why AI has not led to mass unemployment

People have become used to living with AI fairly quickly. ChatGPT is barely three years old, but has changed the way many of us communicate or deal with large amounts of information.

The Conversation

Healthy jobs market spells rate pain for borrowers

Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.

AAP

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OPINION - Let's transfer free transport from oldies to our struggling youth

Youth unemployment in London is at record levels; let’s help by giving discount travel to the young, not 60 year olds

Evening Standard

Jobs crisis for London as unemployment rate doubles in less than two years

Nationally the biggest falls in employment were in retail, where 72,000 jobs were lost, and hospitality, down by almost 70,000.

Evening Standard

Wage growth falls as unemployment stays at highest level for nearly five years

The Office for National Statistics said retail and hospitality sectors have seen some of the biggest falls in payrolled employees.

Evening Standard

Fears for UK job market as wage growth falls and unemployment stays at 5-year high

Retail and hospitality sectors have seen some of the biggest falls in payrolled employees

The Independent UK

Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%

The Guardian - UK

Half of veterans leave their first post-military jobs in less than a year, and spouses face sky-high unemployment—This CEO has a $500 million fix

USAA CEO Juan C. Andrade says some veterans lose “their sense of belonging” in transitioning to corporate jobs. The company hopes fellowships, mentorship, and policy advocacy can help them get back on their feet.

Fortune

International report to hover over domestic economy

Unemployment data will give fresh insight to Australia's economy, as a major financial institutions releases information on the state of play globally.

AAP

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Evening Standard

Labour government in Scotland would pose ‘threat to jobs’, SNP claims

SNP economy spokesman Dave Doogan said unemployment has risen since Labour took office at Westminster.

TechRadar

London Mayor Sadiq Khan: AI could become a ‘weapon of mass destruction’ for jobs

The Mayor of London warns AI could bring ‘mass unemployment’.

Fortune

'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'

"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad."

International Business Times UK

UK Jobs Market Crisis: S&P Global Reveals Sharp Rise In Redundancies And Hiring Slump

UK faces 39th month of employment decline with rising unemployment, sluggish hiring, and sector downturns, prompting warnings and policy challenges for 2025.

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Barchart

Dollar Climbs as Fed Rate Cut Expectations Recede

The dollar index (DXY00 ) rallied to a 1-month high on Friday and finished up by +0.20%. The dollar found support from Friday’s mixed US payroll report, which showed payrolls rose less than expected but the unemployment rate ticked down and average hourly earnings rose more than expected, hawkish factors...

Barchart

Dollar Edges Higher Following a Mixed US Payrolls Report

The dollar index (DXY00 ) rose to a new 4-week high today and is up by +0.23%. The dollar found support from today's mixed US payroll report, which showed payrolls rose less than expected but the unemployment rate ticked down and average hourly earnings rose more than expected, hawkish factors...

Fortune

Strip out health care and social services, and the U.S. lost jobs in 2025—something that usually happens in recessions

“It’s fair to call this a hiring recession or a jobless boom,” said economist Heather Long.

Kiplinger

The December Jobs Report Is Out. Here's What It Means for the Next Fed Meeting

The December jobs report signaled a sluggish labor market, but it's not weak enough for the Fed to cut rates later this month.

The Independent UK

Sluggish jobs growth and unemployment hovering around four-year high, latest government jobs report reveals

Tariffs, an aging workforce, a decline in immigration, and the rise of artificial intelligence may be contributing to employment struggles, according to experts

The Independent UK

Hiring was likely modest in December to end a year of weak job growth

Hiring likely remained subdued last month as many companies have sought to avoid expanding their workforces, though the job gains may be enough to bring down the unemployment rate

Euronews

Italy sees rare double dip in both unemployment and available jobs

The latest statistical surveys show both the number of workers and the number of unemployed decreasing, while the number of those who have stopped seeking out employment is also rising sharply.

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