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The Latest Breaking News from Unemployment

Dollar Falls as the Yen Rallies on Intervention Talk

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower...

Barchart

Stocks See Support from Lower Crude Prices, While Mega-Cap Tech Earnings are Mixed

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.11%, and June E-mini Nasdaq futures...

Barchart

U.S. jobless aid filings fall to 189,000 last week despite multiple economic headwinds, war in Iran

The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran

The Independent UK

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Stocks Rise Before the Open as Investors Weigh Big Tech Earnings, Iran War News

June S&P 500 E-Mini futures (ESM26) are up +0.15%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.22% this morning as investors digest earnings reports from big U.S. tech companies and the latest developments in the Iran war.

Barchart

AI won't kill your job — it will kill the path to your first one

The AI disruption story is being told wrong. Firms aren't firing — they're freezing hiring.

Fortune

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain

The Guardian - UK

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

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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

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 ‘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

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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Capital & Main

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.

The Independent UK

Surprise fall in UK unemployment – but pay growth also slows

IN FULL

The Guardian - 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 Times of India

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.

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The Guardian - UK

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

Evening Standard

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.

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

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

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