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The Latest Breaking News from David Blanchflower

Jerome Powell says the Gen Z hiring nightmare is real: 'Kids coming out of college...are having a hard time finding jobs’

"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there may be something there."

Fortune

Top analyst who once feared 'the end of capitalism' rips French and British boomers for sabotaging Gen Z futures

"Inter-generational tension is not just because boomers have got rich from QE driving asset prices higher, especially housing," Albert Edwards wrote on LinkedIn.

Fortune

Study finds the young are the unhappiest they’ve ever been. This might be why

ANALYSIS: Unhappiness now peaks amongst the young. Alex Bryson, David Blanchflower and Xiaowei Xu look at the change and question why

The Independent UK

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

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

Fortune

The unhappiest age might surprise you - and it’s not midlife

Data suggests Gen Z is far more prone to despair and anxiety than previous generations

The Independent UK

Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’

Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in US

The Guardian - UK

Economists urge Rachel Reeves to bend fiscal rules instead of cutting welfare

Calls for chancellor to exclude defence from rules or raise taxes in response to spending pressure at spring statement

The Guardian - UK

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Crap jobs, fewer homes, less money, toxic politics. And peak happiness eludes the young: who knew?

Given recent history and the state of the world now, perhaps the thing that makes older people happiest is not being under 45, says Guardian columnist Zoe Williams

The Guardian - UK

Mental health crisis ‘means youth is no longer one of happiest times of life’

UN-commissioned study in UK, US, Ireland, Australia, Canada and New Zealand finds satisfaction rises with age

The Guardian - UK

Are Rachel Reeves’s efforts to win business confidence ‘fiddling while Rome burns’?

Pro-growth charm offensive aimed at getting Labour back on the front foot has drawn concerns and questions

The Guardian - UK

I believed Starmer and Reeves were too smart to repeat austerity. It appears I was wrong

New governments usually come into power offering hope and a break with the past. This one is squandering the opportunity for a fresh start, says David Blanchflower

The Guardian - UK

Expert economists back Labour’s plan to end economic stagnation in UK

Nobel prize winners and former Bank of England officials believe Rachel Reeves and Keir Starmer can bring about ‘desperately needed’ change

The Guardian - UK

Slash interest rates and stop bond sales, ex-policymaker tells Bank of England

Exclusive: David Blanchflower urges rethink after collapse of Silicon Valley Bank and lifeline thrown to Credit Suisse

The Guardian - UK

The ‘leftwing economic establishment’ did not bring Liz Truss down. Reality did

The former PM’s confidence in her ‘small state’ formula remains undented. And her flailing party is all-too ready to share in the delusion, says Guardian columnist Polly Toynbee

The Guardian - UK

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The Guardian - UK

The Guardian view on mass unemployment: inflation will drop without this pain

Editorial: Policymakers are wrong to think rising joblessness and a recession are a price worth paying

The Guardian - UK

The UK economy is about to be thrown into a black hole – by its own government

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

The Guardian - UK

Economists call for radical shakeup of Bank’s interest rate committee

MPC is dominated by people with little ‘real world’ knowledge and prone to groupthink, says ex-committee member

Daily Mirror

Raising interest rates will cause more bankruptcies and redundancies, expert warns

The Bank of England is trying to use higher borrowing costs to cool runaway inflation - but the timing was slammed by ex-MPC member Professor Blanchflower, who said he would vote to cut rates instead

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The Guardian - UK

‘I can’t see it getting any better’: could the UK be heading for a recession?

Small business owners are already being hit as consumers cut back on non-essentials

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