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The Latest Breaking News from Unemployment

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

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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

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 Independent 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

The Guardian - 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.

International Business Times UK

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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 Independent UK

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 Guardian - AU

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”.

The Conversation

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.

Reason

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.”

Fortune

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.

GOBankingRates

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.

Fortune

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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.

Bored Panda

41 Of The Smartest And Sneakiest Things You Can Do At Interviews To Land A Job

The job market is in a bizarre place right now. Mass layoffs are happening across many sectors, including Big Tech. Meanwhile, many graduates are finding it difficult to land even entry-level jobs. And it feels like, no matter who you are, the chances of you even landing a single interview…

The Guardian - AU

Row over Harry and Meghan’s ‘leaked’ Australian itinerary leaves tabloids stranded at the baggage carousel

Daily Mail takes down story after reporting ‘under-wraps details’ about the Duke and Duchess of Sussex’s trip to Australia. Plus: Adam Hegarty finds fans

Fortune

The world's most — and least — miserable economies in 2025, ranked

Venezuela tops a new global misery index covering 178 countries, while Taiwan claims the happiest economy title for the second year running.

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news in one place.

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The Conversation

Employment data shows the early signs of AI job disruption are already here

There has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — from mass unemployment to over-hyped distraction. Much of this debate is speculative. Often, coming from the tech giants promoting their own products, it is self-serving.

AAP

Job market yet to feel impact of Iran war, rate hikes

Australia's relatively low jobless rate has reinforced the Reserve Bank's view the labour market is still tight, adding to the case for more rate hikes.

Louder

"I'd come back from the unemployment office when the phone rang. Jimi said 'Hey, what you doing? We'd like for you to come up and join us.'" The story of the Jimi Hendrix guitarist who was written out of history

When Jimi Hendrix played Woodstock, old friend Larry Lee played guitar beside him - but his contributions were scrubbed from the movie

Fortune

‘Dirty Jobs’ host Mike Rowe is giving away $10 million to get Gen Z into trades—and says the skills gap has never been worse

The TV host’s foundation is doubling the amount of scholarship money it awards to people entering the trades, as he receives 10 times the average number of applications.

The Independent UK

UK ‘headed for stagflation’ as economy flatlines and inflation bites due to Iran war

Stagflation – a combination of rising inflation, higher unemployment and low or zero economic growth – is seen as a ‘worst of both worlds’ scenario

The Guardian - UK

Remote working tribunal cases in Great Britain fall for first time since Covid

Last year’s drop may reflect rising unemployment and improved right to request flexible working, experts say

Fortune

‘Good for Russia, good for China, bad for America’: How the Iran war is reshaping global economies and power

Stagflation, unemployment, recession: The Iran war is rewriting the global economy, and the damage may be permanent.

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