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The Latest Breaking News from Unemployment

Tariffs May Lower Inflation But Could Trigger A Sharp Rise In Joblessness, New Fed Research Suggests

Tariffs may shape inflation far differently than standard economic models predict, according to a new working paper from two San Francisco Fed researchers. Their findings suggest the impact of trade barriers is more complex than previously understood.

Benzinga

Fed researchers say tariffs actually lower inflation — because they're demand shocks that slam employment and economic activity

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions."

Fortune

Half of all UK jobs shed since Labour came to power are among under-25s

Exclusive: David Blunkett warns Keir Starmer Britain’s youth are in danger of becoming ‘lost generation’ on his watch

The Guardian - UK

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‘It’s so demoralising’: UK graduates exasperated by high unemployment

Many question value of their degrees and hard work when confronted with a brutally competitive jobs market

The Guardian - UK

AI, Covid and taxes: what is behind steep rise in youth unemployment?

Last year’s employer NICs increase and a weak economy are adding to tricky conditions for young people

The Guardian - UK

Government will release September jobs report next week, ending data drought from federal shutdown

The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a half late, marking the beginning of the end of a data drought caused by the 43-day federal government shutdown

The Independent UK

Weak eurozone growth meets flat jobs market as bankruptcies surge

Eurozone GDP barely grew in the third quarter of 2025, rising just 0.2% as the wider EU posted similarly weak gains and unemployment remained flat. New business registrations increased, but a sharp rise in bankruptcies across key consumer-facing sectors could highlight a market under pressure.

Euronews

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UK's £100B AI Growth Zones Aim to Tackle Record Welsh Unemployment

The UK launches a £100B AI Growth Zone in North Wales, creating thousands of jobs alongside a £2.5B nuclear plant to combat Wales's highest unemployment rate.

International Business Times UK

North Wales £2.5B SMR Plans 3,000 Jobs Amid Rising Welsh Unemployment

A £2.5B nuclear investment in North Wales promises 3,000 future jobs, sparking a political row as the nation's unemployment rate hits a UK high.

International Business Times UK

London's unemployment hotspots revealed in interactive map as total hits 11-year high

London’s jobseeker benefit claimant rate is roughly 45% above the national average

Evening Standard

Trump, who slapped an extra $100,000 on the H-1B visa, now says there aren’t enough talented people in the U.S. to fill jobs

The president argued U.S. companies need specialized labor from foreign workers and can’t “take people off an unemployment line who haven't worked in five years.”

Fortune

Rate cut hopes evaporate with healthy jobs figures

Shares have plunged and the Aussie dollar has soared after surprisingly robust jobs figures showed the economy is running near capacity.

AAP

10 Toughest States To Live in Where Paychecks Don’t Cover Everyday Costs

Struggling to make ends meet? These 10 states are where paychecks fall short of covering basic living costs—see if yours made the list.

GOBankingRates

December Rate Cut Looms as Jobless Rate Returns to COVID 19 Level

The UK's rising unemployment rate and stubborn inflation suggest the Bank of England may cut interest rates in December, amid economic uncertainty.

International Business Times UK

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Euronews

UK Health Secretary Wes Streeting denies plotting to oust embattled PM Keir Starmer

Since taking office, Starmer has struggled to deliver his flagship promise of economic growth, with figures released on Tuesday showing that unemployment had risen from 4.8% to 5%.

Evening Standard

The Standard podcast: London’s unemployment rate hits 11-year-high ahead of Autumn Budget

Listen here on your chosen podcast platform.

The Guardian - UK

Wednesday briefing: Why young people are bearing the brunt of the unemployment crisis

In today’s newsletter: Almost 1.8 million people in the UK class themselves as unemployed, and it’s the youth who are driving it. What can be done to help, and will things get better (or worse)?

Benzinga

Job Market Pessimism Among Americans Hovers At Record Highs: 'Fears of Unemployment Have Never Been This Elevated'

Job market pessimism among Americans has reached alarming levels, with a dramatic surge in fears about unemployment and job security in recent weeks.

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The Conversation

Feel like you can’t get a job? You’re not alone — but here’s how to work around it

You did everything they told you to do. You earned the credentials, spent hours on your resume and revised multiple cover letters. You worked side gigs, volunteered, learned new software and perfected your LinkedIn profile. Yet, you can’t get a callback for an interview.

GOBankingRates

I Asked ChatGPT What Would Happen If the Government Shutdown Lasted Until 2026: Here’s What It Said

A long federal shutdown could impact everything from GDP and stocks to unemployment and consumer spending. See ChatGPT’s projections and expert warnings.

Fortune

Welcome to the era of 'low-hire, more-fire,' warns top economist—the days of talent hoarding are over

"As the focus among businesses now turns to efficiencies and increasing productivity, we expect layoffs to increase, causing unemployment to rise."

The Guardian - UK

Rising unemployment could affect budget, interest rates, pay and more

Rachel Reeves will need to avoid depressing economy and hitting jobs while raising billions in extra tax

Evening Standard

Unemployment rate hits highest outside Covid years for almost a decade

Experts said the weaker-than-expected figures reinforce the case for the Bank of England to cut interest rates next month.

The Independent UK

Jobless rate hits highest since Covid in blow to Reeves before Budget

The ONS said the unemployment rate rose to 5% in the three months to September

Evening Standard

Jobless rate hits highest since early 2021 amid ‘weakening’ labour market

The ONS said the unemployment rate rose to 5% in the three months to September, up from 4.8% in the three months to August.

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