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The Latest Breaking News from Unemployment

7 Reasons Why Unemployment in India Is Rising Faster Than Ever

India continues to grow at an estimated 6.5-7% GDP rate in FY 2025-26, positioning itself among the fastest-growing major economies. However, employment growth has not kept equal pace with economic expansion. According to the latest Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation, the…

Times Life

US applications for jobless benefits falls to 227,000 last week, remaining at recent healthy levels

The number of Americans applying for unemployment benefits fell last week, remaining within the historically healthy range of the past few years

The Independent UK

Why India’s Most Educated Youth Are the Most Unemployed

India celebrates its youth as its greatest strength. Every year, millions of students graduate with degrees in engineering, management, science, arts, and commerce — armed with ambition, skill, and the promise of a better future. Families invest savings. Students invest years. Society invests hope. And yet, a troubling paradox defines…

Times Life

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The godfather of AI predicts mass unemployment is on its way. This CEO warns even a 10% reduction 'will feel like a depression'

Khan Academy CEO Salman Khan predicts the AI revolution will hit the U.S. faster and harder than anyone is anticipating.

Fortune

Job Growth Sizzled to Start the Year. Here's Why It's Unlikely to Impact Interest Rates

The January jobs report came in much stronger than expected and the unemployment rate ticked lower to start 2026, easing worries about a slowing labor market.

Kiplinger

US added 130,000 jobs in January, surpassing expectations as 2025 growth is slashed

Unemployment rate was 4.3% in January with gains 13,000 less than the 143,000 jobs added a year ago, report shows

The Guardian - US

Tesco boss warns Starmer UK is ‘sleepwalking’ into joblessness epidemic and condemns rising cost of employment

Ashwin Prasad’s warning comes as UK unemployment could reach as high as 5.3 per cent this year, forecasts suggest

The Independent UK

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The economy is booming. So why is the job market lagging?

The U.S. economy is on a tear

The Independent UK

Bank of England holds interest rates but future cuts ‘likely’

It came as the central bank also warned that economic growth is now set to be weaker than previously expected.

Evening Standard

Why the Bank of England is holding rates despite a weakening economy

Rising unemployment and falling inflation made a strong case for a cut but Andrew Bailey opted to wait and see

The Guardian - UK

What are the odds? The RBA has raised interest rates – for no real reason other than to meet the desires of speculators

The prospect of a cash rate increase on Tuesday changed dramatically over the past month. One wonders if the Reserve Bank listened more to the commentariat than the data

The Guardian - AU

Grim forecasts for Aussie inflation and unemployment

The Reserve Bank has revised up its prediction for core inflation, with price growth expected to remain above its midpoint target despite higher interest rates.

AAP

'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted while policymakers wait for the wrong alarm

EXCLUSIVE: The creator of the Sahm Rule on why she’s concerned about the long-term health of America’s economy.

Fortune

Stock Index Futures Slip as Trump Picks Warsh for Fed Chair

March S&P 500 E-Mini futures (ESH26) are down -0.40%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.47% this morning after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair.

Barchart

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The Guardian - AU

The easy thing for the RBA to do next week is raise interest rates. The smart move is to wait

Oh no, inflation went up in one month – we need rates to do something! But first, let’s take a closer look at those figures

The Independent UK

Revealed: The UK’s most deprived neighbourhoods where crime and unemployment will rise the most

The report has warned the government against inaction in these communities, largely concentrated in the North of England

Evening Standard

London jobs crisis: Unemployment among young people hits a nine-year high

EXCLUSIVE: Some 88,000 Londoners aged 16 to 24 on average were unemployed in the 12 months to September - a rise of 11,000 in a year

The Guardian - UK

England’s most deprived areas to get worse by next election, report for No 10 finds

Exclusive: the 613 most deprived areas will see higher crime rates and worse unemployment under current funding schemes, report says

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The Conversation

Australian inflation jumps, adding to chances of an RBA interest rate hike

Inflation has risen further above the Reserve Bank of Australia’s 2–3% target. There is now a very real prospect the Reserve Bank will feel it needs to increase interest rates at its meeting next week, with an announcement due on Tuesday afternoon.

Fortune

Don’t hold your breath for a Fed rate cut anytime soon. In fact, a hike could be in the cards

“Underpinning this is our belief that the labor market is improving, and that unemployment will decline ahead on a trend basis,” wrote Macquarie economists.

The Independent UK

Georgia governor suspends lawmaker accused of unemployment fraud

Georgia Gov. Brian Kemp has suspended state Rep. Sharon Henderson from the Georgia House

Barchart

Dollar Falls on Stock Strength

The dollar index (DXY00 ) today is down by -0.28%. Today’s stock rally has curbed liquidity demand for the dollar. Losses in the dollar are contained due to today’s stronger-than-expected US economic news on weekly jobless claims and Q3 GDP. US weekly initial unemployment claims rose +1,000 to 200,000, showing...

The Independent UK

US applications for jobless benefits inch up last week to a still-low 200,000

The number of Americans who applied for unemployment benefits inched up last week but U.S. layoffs remain historically low despite signs of a softening labor market

The Conversation

Why AI has not led to mass unemployment

People have become used to living with AI fairly quickly. ChatGPT is barely three years old, but has changed the way many of us communicate or deal with large amounts of information.

AAP

Healthy jobs market spells rate pain for borrowers

Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.

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