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The Latest Breaking News from Unemployment

Here’s when AI will launch a decade-long cycle of economic growth and productivity gains

The bank predicts that productivity and GDP gains will start two years from now in 2027 and continue through most of the 2030s.

Fortune

Mini liquor bottles, snack sizes: What are the early signs of a recession?

Economists define a recession as a ‘significant decline in economic activity’ across the market that lasts for more than a few month

The Independent UK

Laid-off federal workers are overwhelming states with unemployment requests, putting a strain on finances

Some states, such as Maryland, are receiving 30 to 60 unemployment assistance requests from federal workers per day

The Independent UK

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Firms hold back on hiring amid ‘significant cost rises’, surveys say

KPMG/REC report shows decline in people being placed in roles continues, while unemployment is rising, says BDO

The Guardian - UK

Mixed Jobs Report Offers Relief for Now: What the Experts Are Saying

The February employment figures were rough around the edges but largely met expectations.

Kiplinger

US Economy Adds 151,000 Jobs In February As Unemployment Hits 4.1%

U.S. stocks opened lower Friday as investors digested key labor market data. The Dow opened 0.3% lower, dropping around 75 points.

International Business Times

US Hiring Misses Expectations In February, Jobs Market Sees Pressure

The United States added fewer jobs than expected in February and the unemployment rate ticked up, government data showed Friday, while analysts warn cracks are appearing in the labor market as President Donald Trump returned to office.

International Business Times

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US added 151,000 jobs last month but sees unemployment tick up in first report on Trump’s economy

Economists forecast that the figure would be 160,000 ahead of the eagerly awaited report

The Independent UK

US job market grows amid threats of mass federal layoffs and Trump tariffs

Economy adds 151,000 jobs in February, up from January as unemployment unchanged from last month

The Guardian - US

Ghana needs more young farmers, but does climate change put them off? Study shows surprising results

Ghana has a high youth unemployment rate of up to 13.9%. For those young Ghanaians who do have jobs, more than 50% are underemployed – working in jobs that are low paid or which don’t allow them to use all their skills or education.

The Conversation

Stock Index Futures Mixed as Investors Weigh Trump Tariffs

March S&P 500 E-Mini futures (ESH25) are down -0.12%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.04% this morning, wavering after yesterday’s selloff on Wall Street triggered by stagflation fears and tariff jitters.

Barchart

Stock Index Futures Slip as Trump’s Tariffs Stoke Trade War Fears

March S&P 500 E-Mini futures (ESH25) are down -0.49%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.63% this morning, pointing to further losses on Wall Street as concerns over global trade tensions weighed on sentiment.

Barchart

S&P Futures Gain With Focus on U.S. PCE Inflation Data

March S&P 500 E-Mini futures (ESH25) are trending up +0.38% this morning, staging a partial rebound from the prior session’s losses, while investors brace for the release of the Federal Reserve’s first-line inflation gauge.

Barchart

Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months

Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years

The Independent UK

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International Business Times UK

Trump's Ruthless Workforce Cuts Put 200,000 US Disabled and Sick Veterans' Livelihoods in Peril

Veterans Affairs workers warn that the Trump administration's cuts to the federal workforce will have destructive consequences on U.S. veterans looking to access care.

The Independent UK

Sightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low

Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range

AAP

Robust job data unlikely to spook Reserve Bank on rates

Ongoing tightness in the labour market won't overly concern the Reserve Bank in its fight against inflation, says one economist after surprising jobs figures.

Evening Standard

Unemployment rate in London is worst in UK, with more than 1.3m adults 'economically inactive'

Revealed: the London MPs with most constituents claiming unemployment benefits

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The Conversation

6 in 10 young South Africans have no jobs. Why some still reject offers of work

South Africa has one of the highest unemployment rates in the world. The official rate is 32%, rising to 42% when discouraged job seekers are included. Among young people aged 15 to 24, unemployment reaches a staggering 60%. While much attention has focused on youth exclusion from the labour market…

The Guardian - AU

The RBA is cutting interest rates and unemployment is at historic lows. This is not supposed to be happening

There is a long path back to recovering our lost living standards, but now we can have some hope that the worst is behind us

The Conversation

Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market

Despite Prime Minister Christopher Luxon’s reassurance that “some green shoots” are starting to show in the economy, including a 50 point cut in the official cash rate expected to be announced later today, the outlook for 2025 remains uncertain for many – and grim for some.

AAP

Wages slowdown boosts case for more rate cuts

Treasurer Jim Chalmers says ongoing growth in real wages is a good thing, but the RBA will be more encouraged that wage rises are showing signs of slowing.

The National (Scotland)

Unemployment has risen in Scotland, new figures show

Unemployment in Scotland has risen in the last quarter, new figures show.

Evening Standard

Wage growth accelerates in blow to interest rate cut hopes

But the jobs market continued to soften with nearly 50,000 more people looking for work and the unemployment rate rising by 0.1% to 4.4%.

The Guardian - UK

UK pay growth rises 6% despite job loss warnings after Reeves’s budget

Unemployment rate unchanged in three months to December, while vacancies increased in January

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