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The Latest Breaking News from Unemployment

A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says

Apollo chief economist Torsten Slok thinks AI doomers may be proven wrong. Just swap in "people" for "coal" in Jevons Paradox.

Fortune

War With U.S. And Israel Pushes Millions Of Iranians Toward Unemployment As Economy Tanks

While sanctions and inflation already battered the Iranian economy before the war with the United States and Israel, the conflict has pushed millions of Iranians closer to unemployment and poverty, according to a new report.

International Business Times

Here’s how Canadian households can recession-proof finances as economic uncertainty climbs

Canada’s economic policy uncertainty index has climbed back to levels not seen since the COVID-19 pandemic, a sign that a more volatile period may be taking hold. Income inequality hit a record high last year, and youth unemployment reached 14.6 per cent in September 2025, its highest point since 2010,…

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Mopane worm and termite sales relieve poverty in rural South Africa – studies explore the impact

South Africa’s Limpopo province borders Zimbabwe, Botswana and Mozambique. It is one of the poorest provinces in the country. This is due to a combination of historical underdevelopment, a high unemployment rate, heavy reliance on government grants and a rural-based economy with limited industrial diversification.

The Conversation

U.S. Jobless Claims Edge Higher As Labor Market Holds Steady Amid Global Strain

U.S. unemployment claims ticked up slightly in the latest weekly report, reinforcing a picture of a labor market that is slowing gradually but remains historically stable.

International Business Times

Revealed: Londoners' working week at 21-year record high as unemployment rises in cost of living crisis

EXCLUSIVE: How the capital’s workforce has been hit by tax rises, the Covid pandemic, wars and now faces artificial intelligence turmoil

Evening Standard

McDonald’s UK boss says ‘it's hard to do business’ but will keep investing in workers

The firm has unveiled its largest paid work experience programme to help tackle rising youth unemployment

Evening Standard

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McDonald’s UK boss says ‘hard to do business’ but will keep investing in workers

The firm has unveiled its largest paid work experience programme to help tackle rising youth unemployment.

The Independent UK

Federal Job Cuts Hit Black Women Hard — A Year Later, Unemployment Is Up

Losses in government positions are undermining a critical engine of economic mobility for the Black middle class.

Capital & Main

Surprise fall in UK unemployment – but pay growth also slows

IN FULL

The Independent UK

UK jobs market was in a fragile state – even before Iran war threatened recovery

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers

The Guardian - UK

UK unemployment rate falls to 4.9% as wage growth hits slowest pace since 2020

The UK’s unemployment rate fell unexpectedly to 4.9% in the three months to February, while wage growth slowed to its weakest pace in more than five years, according to data from the Office for National Statistics, the BBC reported.

The Times of India

Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Unemployment drops sharply as inactivity in jobs market rises

The ONS said the rate of UK unemployment dropped sharply to 4.9% in the three months to February, down from 5.2% in the three months to January.

Evening Standard

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The Independent UK

Unemployment falls below 5% in surprise boost for Labour

The rate of UK joblessness dropped sharply from 5.2% in the three months to February

The Guardian - UK

UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years

Bank of England expected to keep interest rates on hold as Iran war casts shadow over labour market

International Business Times UK

UK 'On Brink' Of Recession — 250,000 People Could Lose Jobs By Mid-2027 Due To Iran War

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

The Independent UK

Labour’s youth unemployment tsar hits out at ‘exam-obsessed’ British schools

The former Labour minister is currently leading a review into young people and work

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The Guardian - AU

Chalmers says Iran war will raise inflation and unemployment, warning fallout of conflict could be ‘severe’

End of war ‘can’t come soon enough’, treasurer says, as inflation expected to rise above 5% in Australia with global supply chains buffeted

The Conversation

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?

The Reserve Bank of Australia (RBA) will look at the latest unemployment figures – 4.3%, roughly 650,000 people out of work – and see a labour market that is still “too tight”.

Reason

Elon Musk's Mistaken Call for a 'Universal High Income'

AI will not create a jobless dystopia. Paying people a lot of money not to work would.

Fortune

Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war's 'hidden target' was the labor market, economist says

“Even if the cease-fire holds, Iran’s most vulnerable people will suffer the long-term consequences of this 40-day conflict.”

GOBankingRates

Suze Orman: 3 Things To Do Instead of Worrying About Job Security

Sixty percent of Americans expect unemployment to rise in 2026. Suze Orman shared three financial moves to make instead of worrying about job security.

Fortune

The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage

With unemployment at 4.3% and quits near a multiyear low, employees are absorbing cuts they would have walked out on three years ago.

Evening Standard

Fact check: Youth unemployment in Wales and fake Kuwait base photo

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

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People

William Stanley Jevons

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