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The Latest Breaking News from Unemployment

Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

“Hopefully things will be okay, but you do see that kind of weakening,” he said.

Fortune

Young America faces an economic crisis

There's no denying the misery for young people who can't find work.

Axios

Americans haven’t been this pessimistic about finding a new job since a bleak stretch of the Great Recession

Pessimism is "most pronounced for those with at most a high school education," according to the New York Federal Reserve.

Fortune

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

Fact check: Has unemployment risen ‘every single month’ under Labour?

Full Fact looks at the numbers after a claim from several Conservative MPs, including the party’s leader Kemi Badenoch.

The Independent UK

7 Financial Risks That Appear After Sudden Job Loss

Losing a job unexpectedly can shake your confidence and disrupt your financial stability. The impact goes far beyond the stress of updating your resume or searching for new work. Sudden job loss often exposes you to a range of financial risks that can quickly spiral out of control if you’re…

The Free Financial Advisor

Trump Tariffs Will Fuel Stagflation As Economy Will Get 'Two Bad Tastes At The Same Time'— 'Rising Unemployment And Rising Inflation'

Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy.

Benzinga

What Does a Lousy August Jobs Report Have to Do with a September Fed Rate Cut?

America’s latest employment figures paint a bleak picture of the U.S. jobs market. The silver lining: Weak job growth and cooling wages mean that a decrease in borrowing rates is now almost certainly on the horizon.

Barchart

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Dollar Slides and Gold Rallies to a Record on the Outlook for Fed Rate Cuts

The dollar index (DXY00 ) on Monday fell by -0.32% and posted a new 1.5-month low. The dollar is under pressure from last Friday's weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence, which could...

Barchart

Dollar Weighed Down by the Prospects of Easier Fed Policy

The dollar index (DXY00 ) today is down by -0.17% but remains above last Friday's 1.5-month low. The dollar is under pressure from last Friday's weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence, which...

Barchart

My Father-in-Law Got Fired 2 Years Before Retirement At 64. With Mortgage Payments Still Due, Should He File For Unemployment or Retire Early?

Getting fired at any age stings. Getting fired at 64, just two years shy of retirement, with a mortgage still hanging over your head? That's the kind of financial nightmare that makes people pause and ask, what would I do if that were me?

Benzinga

"That's not AI's fault, that is the capitalist system." The 'Godfather of AI' warns how the tech will wipe out jobs but boost profits

"Godfather of AI" Geoffrey Hinton claims the tech will lead to mass unemployment as companies replace employees using the growing tech to generate profits.

Windows Central

'Godfather Of AI' Geoffrey Hinton Warns Of Job Losses, But Not Because Of Technology: 'That's Not AI's Fault, That Is The Capitalist System'

Geoffrey Hinton, known as the “godfather of AI,” has voiced concerns over artificial intelligence leading to widespread unemployment and increased profits.

Benzinga

'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'

"We are at a point in history where something amazing is happening, and it may be amazingly good, and it may be amazingly bad."

Fortune

Stocks Fade on Economic Concerns after Weak US Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) on Friday fell -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.08%. September E-mini S&P futures (ESU25 ) fell -0.35%, and September E-mini Nasdaq futures (NQU25 ) rose...

Barchart

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news in one place.

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Barchart

Dollar Tumbles on Weak US Unemployment Report

The dollar index (DXY00 ) on Friday fell by -0.59% to a 1.5-month low on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -7 bp decline in the 10-year T-note yield to 4.09%, which undercut the...

Kiplinger

Stocks Slip as Job Growth Stalls: Stock Market Today

The August jobs report came in much weaker than expected, while the unemployment rate ticked higher.

The Independent UK

There’s no more denying it – Trump risks a recession on his watch

ANALYSIS: Trump returned to the White House promising a better economy. But every sector has taken a huge beating as Americans feel the effect of his tariffs, Eric Garcia writes

The Guardian - US

Revisions and rising unemployment: what to know about the US jobs report

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

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Barchart

NY Coffee Prices Pressured by Demand Concerns

December arabica coffee (KCZ25 ) today is down -0.30 (-0.08%), and November ICE robusta coffee (RMX25 ) is down -89 (-2.02%). Coffee prices are trading lower today on concerns about US consumer demand after today's weak US payroll report of +22,000 and the rise in the US unemployment rate to...

Barchart

Stocks Turn Lower on Economic Concerns after Weak US Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. September E-mini S&P futures (ESU25 ) are down -0.49%, and September E-mini Nasdaq futures...

The Independent UK

Alarm bells ringing as unemployment grows in US

IN FULL

Kiplinger

Dismal August Jobs Report Offers Rate-Cut Relief: What the Experts Are Saying

The August jobs report came in much lower than expected, lifting the odds that several rate cuts will come through by year's end.

Barchart

Dollar Falls Sharply on Weak US Unemployment Report

The dollar index (DXY00 ) today is sharply lower by -0.75% on the weak US unemployment report and the increased expectations for Fed easing through year-end. The dollar was also undercut by the sharp -8 bp decline in the 10-year T-note yield, which undercut the dollar’s interest rate differentials. The...

Barchart

Stocks Lower after Weak US Unemployment Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.14%. Stocks are lower after today’s weak US payroll report, which solidified market expectations for...

Barchart

Stocks Higher as Weak US Unemployment Report Bolsters Case for Multiple Fed Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) today is up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.93%. September E-mini S&P futures (ESU25 ) are up +0.38%, and September E-mini Nasdaq futures...

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