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The Latest Breaking News from Unemployment

UK Jobs Market Slows: Fewer Vacancies, Rising Costs — and Tougher Times Ahead for Jobseekers?

In the UK, vacancies fell by 5.8% between May and July this year, down to 718,000, marking the lowest level since 2021 outside of the pandemic.

International Business Times UK

China’s youth unemployment is so bad that Gen Z job-seekers are paying $7 a day to pretend to work in an office

Like U.S. college graduates, China’s young professionals are struggling to land jobs But instead of bed rot and doom spending, they’re paying up to $1800 a year to pretend to work at faux offices.

Fortune

London suffers worst unemployment rate in UK as Chancellor admits 'more to do' on jobs

Some 6% of Londoners are unemployed while one in five are classed as economically inactive, according to the latest statistics

Evening Standard

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Reeves concedes Government has ‘more to do’ as unemployment at four-year high

The Chancellor insisted Labour had been ‘creating more jobs’ since entering office despite vacancy numbers declining over the last quarter.

Evening Standard

UK unemployment remains at four-year high with ‘fewer job opportunities’ in retail and hospitality

Job vacancies fell by 44,000 over the three months to July

The Independent UK

Business news live: UK unemployment at four-year high with firms ‘feeling the heat from raft of cost-pressures’

Stock market news and latest business and finance updates from Tuesday

The Independent UK

UK employers cut back on bonuses and hiring as economic slowdown hits jobs market

Unemployment remains steady but vacancy rates drop and pay growth slows

The Guardian - UK

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UK unemployment remains at four-year high as job vacancies shrink

UK job vacancies tumbled by 44,000 over the three months to July to 718,000 – the lowest number of job openings since April 2021.

The Independent UK

Unemployment in the UK at four-year high as number of job vacancies plummet

The country’s unemployment rate hit 4.7% in the three months to June, new figures reveal

Evening Standard

FTSE 100 Live 12 August: Builders boosted by Bellway update, Entain lifts guidance

A 13% bounce for Spirax shares and a confidence boost for housebuilding stocks today provided the FTSE 100 cheer ahead of US inflation figures.

Evening Standard

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

“A much larger unemployment risk and anemic recovery prospects for these workers might cause the next labor market downturn to look pretty dismal.”

Fortune

I Got Laid Off at 52 With $620,000 in Savings, and I'm Only Being Offered Lower-Paying Jobs

We ask a financial planner how to handle sudden unemployment when you're older.

Kiplinger

Two tourists set on fire outside Bangkok mall in random attack by man ‘frustrated over unemployment’, police say

Suspect is in police custody, while the two Malaysian tourists involved are being treated in hospital for serious burns injuries

The Independent UK

The most honest survival game I've ever played is this unemployment simulator

Manage anxiety, fatigue, and dopamine levels, and try to keep yourself alive in Unemployment Simulator 2018.

PC Gamer

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The Conversation

Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data

Many financial and political analysts are trying to assess the impact of President Donald Trump’s decision to fire U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer on Aug. 1, 2025, the same day that an unemployment report conveyed weakness in the job market. Some of the strongest criticism of this…

Fortune

AI-driven layoffs are on the rise as the job market shrinks for recent grads

AI is becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, according to new data.

The Guardian - AU

Sydney and Toronto had equivalent home prices, then Canada’s crashed. Could Australia see a similar slump?

Canadian property prices fell by C$150,000 over three years as Australia’s rose by about A$85,000

Evening Standard

OPINION - Rayner’s wrong-headed rights Bill will wipe out jobs … and her own ambitions

Unlike many of my contemporaries on the opposite side of the political divide, I don’t underestimate Angela Rayner. Which other figure active in politics today could leave school at 16 — without any qualifications — and then rise to become one of the most powerful Cabinet ministers in the land?

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Benzinga

Unemployment Claims Rise–And That's A Problem For The Fed

After more than a month of steady declines in weekly jobless claims, the first signs of weakness are starting to emerge, as a rise in unemployment is once again drawing attention to the disappointing jobs report released last week.

The Guardian - UK

Bank of England poised to cut interest rates

Quarter-point reduction expected, with City investors predicting a three-way split among rate setters

The Guardian - UK

The gambling industry is a licence to print money. Tax it properly – and turbocharge the fight against child poverty

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

Fortune

Goldman Sachs economist warns Gen Z tech workers are first on the chopping block as AI shows signs of shaking up the labor market

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.

Radio France Internationale

Is identity-based rhetoric fuelling anti-immigrant violence in Europe?

Anti-immigration protests across England, Northern Ireland, Spain and Poland have grown more frequent – and in some cases violent – as far-right groups gain influence in communities grappling with housing shortages, unemployment and inequality.

The Independent UK

New Ohio bill wants to make state registry of people who skip job interviews

‘If you’re collecting unemployment, you should be actively looking for work. Period,’ said Ohio Rep. Brian Lorenz

The Guardian - US

Now is the time for Democrats to hammer Trump on the economy

With inflation and unemployment rising, Democrats must speak out – and show they care about the average voter

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