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The Latest Breaking News from Unemployment

Bank of England forecast to cut interest rates amid rising unemployment and Trump tariffs

City predicts quarter-point drop to 4% when MPC meets on Thursday

The Guardian - UK

The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says

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

Fortune

Top economist Brad DeLong to recent college grads: Don't blame AI for job struggles—blame the sputtering economy

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

Fortune

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US Job Market Wobbles: Shock Figures Reveal Hiring Slump and Steep Revisions Spark Recession Fears

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.

International Business Times UK

Make up to $370K working for Walmart—as AI steals jobs, the retail giant is handing out six figures for roles far from the shop floor

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

Fortune

July Jobs Report Renews Rate-Cut Hopes: What the Experts Are Saying

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

Kiplinger

Economy likely created 115,000 jobs in July as labor market loses momentum

The American job market is deteriorating -- ever so slowly

The Independent UK

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Reduced Fed Rate Cut Expectations Bolster the Dollar

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...

Barchart

Dollar Gains as US Economic Strength Dampens Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.23% and posted a fresh 2-month high. The dollar is supported by today's US economic news that shows a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...

Barchart

Thousands Of Afghans Scramble For Chance To Work In Qatar

When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a shot to make a living in the gas-rich emirate, his own country wracked by unemployment.

International Business Times

Eurozone unemployment stays at a record low despite economic hurdles

US tariffs have created economic headwinds by creating uncertainty around trade, but Europe’s labour market is holding up relatively well.

Euronews

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

Barchart

Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

Fortune

Educated but still unemployed: How does unemployment vary among university graduates across Europe?

Unemployment rates are higher among the general population than among university graduates across Europe—except in Turkey. Euronews Business looks at the data.

Euronews

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Evening Standard

Fact check: ‘Asylum hotels’, employment data and ‘enhanced customs monitoring’

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

The Guardian - UK

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

The Conversation

Reserve Bank says unemployment rise was not a shock, inflation on track

Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.

The Guardian - AU

RBA wary of cutting rates until it has more evidence on inflation, Bullock says

Governor defends cautious approach, saying price pressures have been brought under control without surge in unemployment

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news in one place.

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Fortune

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

GOBankingRates

To Crack the Tough Job Market Right Now, You Need To Focus on This Key Strategy

Citing lifeless employer hiring, career coach and personal finance expert Mandi Woodruff-Santos told CNBC that the current U.S. job market is currently in a pretty bad state. Although unemployment and...

The Independent UK

Top tips for Gen Z job hunters – and why it’s not all doom and gloom

UK unemployment has risen to its highest rate in four years at 4.7 per cent, with job vacancies falling to a decade low of 727,000 between April and June.

AAP

Peek into surprise RBA decision as rate cut on cards

Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.

Newslaundry

TV Newsance 306: Labubu, Love Jihad & Bihar’s lost voter list

This week on TV Newsance, Anjana was back on primetime, tackling the nation’s most urgent crisis – Labubu, a sharp-toothed Chinese toy, apparently more terrifying than inflation or unemployment. But fear not, because Labubu wasn’t alone. Her evil cousin Annabelle also made a cameo, and just to keep things educational,…

The Independent UK

Dear Gen Z: Here’s how to not lose your mind when applying for jobs, according to a millennial

IN FOCUS: It’s official – UK unemployment has risen to its highest rate in four years. As young people scramble to find work and find themselves up against hundreds of other candidates, Helen Coffey offers her advice as a millennial who graduated smack-bang into the financial crash

Al Jazeera

Indonesia has 44 million youths. It’s struggling to get them jobs

Young Indonesians are more pessimistic about their economic futures than their regional peers, according to surveys.

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