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The Latest Breaking News from Unemployment

Federal Reserve official sees signs of slowing economy but not ready to cut rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

The Independent UK

Jerome Powell says the Fed can afford to wait and see before cutting rates. Other economists aren’t so sure

A data-dependent approach might leave the central bank playing catch-up.

Fortune

Federal Reserve leaves key rate unchanged as it sees risk of higher prices

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Euronews

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Powell warns of tariff consequences

The Fed chair noted that Trump's upcoming tariffs could lead to inflation and increased unemployment

Salon

Fed might have to pick between solving unemployment or inflation

Fed Chair Jerome Powell said the central bank hasn’t faced such a scenario in a “long time.”

Fortune

Stocks close slightly higher as Fed stands pat on rates, warns of stagflation risks

The Federal Open Market Committee said it "judges that the risks of higher unemployment and higher inflation have risen."

Fortune

US Federal Reserve holds rates steady, warns of higher unemployment

The central bank will hold steady amid economic uncertainty driven by tariffs.

Al Jazeera

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Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

The Independent UK

Federal Reserve doesn’t budge on interest rates

Investors are pricing in two to four cuts by the end of the year.

Fortune

NZ unemployment defies expectations to stay unchanged

While banks and analysts had pencilled in a modest rise to 5.3 per cent, unemployment in New Zealand remains at 5.1 per cent.

AAP

This might be the year of the layoff

The federal government isn't the only employer purging. Major companies are also letting workers go

Salon

Unemployment in the eurozone remains at a record low in March

The amount of citizens out of a job remains historically low, although the eurozone is bracing itself for the effect of US tariffs.

Euronews

US Hiring Slows Less Than Expected, Unemployment Unchanged

US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data published Friday, as businesses navigated the early months of Donald Trump's second presidency.

International Business Times

Stock Index Futures Gain on U.S.-China Trade Optimism, Jobs Report in Focus

June S&P 500 E-Mini futures (ESM25) are up +0.44%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.30% this morning as sentiment got a boost after China said it is assessing the possibility of trade talks with the U.S., with the focus now shifting to the key U.S. payrolls…

Barchart

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The Independent UK

Waiting for a shoe to drop in the US jobs market

The unemployment rate is forecast to remain at a low 4.2%

The Conversation

Whether GDP swings up or down, there are limits to what it says about the economy and your place in it

The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with…

Barchart

S&P Futures Slip With U.S. GDP and PCE Inflation Data in Focus, Microsoft and Meta Earnings on Tap

June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.

The Independent UK

Washington lawmakers pass rent-control bill, approve unemployment for striking workers

In the final days of the Washington legislative session, lawmakers hashed out agreements to approve a bill that sets limits on rent increases and a measure that gives striking workers unemployment payments

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Euronews

Spain tops workplace productivity in Europe while unemployment rises

Although Spain’s unemployment rate rose to its highest level in a year in the first quarter of the year, workplace productivity and economic growth remains robust.

Euronews

EU employment reaches highest level since 2005 at the end of last year

The employment rate in the EU reached its highest level at the end of 2024, while the unemployment rate recently also came to a record low. Euronews Business takes a closer look at the labour market across Europe.

Newslaundry

Titillating visuals, ‘witchcraft’ claims: TV news can’t get enough of ‘saas-daamaad love story’

Economies are crumbling, the world order is shifting, and unemployment is on its way up, but TV news in India has more urgent matters to attend to – dissecting the specifics of a relationship between a man and his would-be mother-in-law.

International Business Times

Asian Markets Boosted By 'Big Progress' In Japan Tariff Talks

Tokyo led stocks higher Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell's warning that Donald Trump's tariffs could force officials to choose between fighting inflation or unemployment.

AAP

Jobs market strong but Trump tariff bomb yet to explode

Australia's jobs market is holding up better than expected, but the impact of Donald Trump-imposed tariffs is yet to play out across the globe.

The Guardian - US

Doge unemployment ‘fraud’ discoveries are old finds from Biden era, experts say

Some aren’t even fraud but rather known attempts by states to protect victims of identity theft, former top official says

The Independent UK

Employment and unemployment in Scotland rise at same time, figures show

The latest Labour Market Statistics showed the overall economic inactivity rate has decreased by 0.5%.

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