The Latest Breaking News from Unemployment

New thinking is urgent now. I have not seen such deep poverty since I grew up in a mining and textiles town blighted by unemployment, says former prime minister Gordon Brown

Unemployment among 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, said Goldman Sachs senior economist Joseph Briggs.

"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."

"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist writes.

US economy added just 73,000 jobs in July 2025 with unemployment rising to 4.2%, while massive downward revisions slashed 258,000 jobs from May and June totals.

As unemployment climbs and AI wipes out white-collar jobs, Walmart is dangling six-figure salaries for new tech hires.

The July jobs report shows weakening in the labor market and lifts expectations for a September rate cut.

The American job market is deteriorating -- ever so slowly

The dollar index (DXY00 ) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...