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The Latest Breaking News from Unemployment

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

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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

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

The Guardian - UK

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

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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

Evening Standard

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 Guardian - US

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

The Independent UK

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.

Euronews

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.

Benzinga

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

Evening Standard

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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.

Evening Standard

Podcast: Inside the capital’s youth unemployment crisis

Listen here on your chosen podcast platform.

Fortune

Wealthier Americans are more worried about rising unemployment than any other income group, NY Fed finds, as fear of 'white-collar recession' grows

“Looking at the spread and the difference between these groups is suggesting, boy, we're on very different pages as to what the future holds,” one economist said.

Fortune

Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

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Axios

Young America faces an economic crisis

There's no denying the misery for young people who can't find work.

Fortune

Americans haven’t been this pessimistic about finding a new job since a bleak stretch of the Great Recession

Pessimism is "most pronounced for those with at most a high school education," according to the New York Federal Reserve.

The Independent UK

Fact check: Has unemployment risen ‘every single month’ under Labour?

Full Fact looks at the numbers after a claim from several Conservative MPs, including the party’s leader Kemi Badenoch.

The Free Financial Advisor

7 Financial Risks That Appear After Sudden Job Loss

Losing a job unexpectedly can shake your confidence and disrupt your financial stability. The impact goes far beyond the stress of updating your resume or searching for new work. Sudden job loss often exposes you to a range of financial risks that can quickly spiral out of control if you’re…

Benzinga

Trump Tariffs Will Fuel Stagflation As Economy Will Get 'Two Bad Tastes At The Same Time'— 'Rising Unemployment And Rising Inflation'

Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy.

Barchart

What Does a Lousy August Jobs Report Have to Do with a September Fed Rate Cut?

America’s latest employment figures paint a bleak picture of the U.S. jobs market. The silver lining: Weak job growth and cooling wages mean that a decrease in borrowing rates is now almost certainly on the horizon.

Barchart

Dollar Slides and Gold Rallies to a Record on the Outlook for Fed Rate Cuts

The dollar index (DXY00 ) on Monday fell by -0.32% and posted a new 1.5-month low. The dollar is under pressure from last Friday's weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence, which could...

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