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The Latest Breaking News from Unemployment

U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy

The Independent UK

Gen Z is ditching college for ‘more secure’ trade jobs—but building inspectors, electricians and plumbers actually have the worst unemployment rate

Trade jobs have been rebranded as a shortcut to six-figure salaries, without student debt, and immunity from automation. But Gen Z could be walking into a trap.

Fortune

Eurozone unemployment ticks up modestly as tariff uncertainty lingers

Businesses in Europe must contend with economic uncertainty when looking for new hires, although unemployment rates remains historically low.

Euronews

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Stock Index Futures Slip With Focus on Trump’s Tax Bill and Trade Deals, U.S. JOLTs Report and Powell’s Remarks on Tap

September S&P 500 E-Mini futures (ESU25) are down -0.21%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.29% this morning, taking a breather after a recent rally, as investors monitor progress on U.S. trade talks and wrangling in Washington over President Donald Trump’s tax-and-spending bill.

Barchart

Lesotho activist arrested after video on unemployment rates angers prime minister

Tšolo Thakeli had long campaigned on youth joblessness, but a post questioning Sam Maketane’s promises on work creation landed him in prison

The Guardian - UK

Gen Z is struggling to find work: 4 strategies to move forward

As the school year comes to a close, young Canadians entering the job market are facing one of the toughest hiring seasons in years. Despite their drive to build careers and connections, many Gen Z are entering a stagnant job market.

The Conversation

Women trapped with abusers: South Africa’s COVID lockdowns exposed serious protection gaps

The unintended consequences of measures introduced to limit the spread of the COVID-19 virus from 2020 to 2022 have been studied extensively. Research in South Africa shows that some of these measures added to social ills, such as unemployment and poverty.

The Conversation

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Fewer Americans sought unemployment benefits last week as layoffs remain low

The number of Americans applying for unemployment benefits dropped last week, the Labor Department said Thursday, a sign that companies aren’t cutting many jobs

The Independent UK

College graduates face toughest job market in more than a decade as hiring slows

Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade

The Independent UK

6 Surprising Things That Are Actually Taxable

Taxes are a part of life, but most people only think about their paycheck or maybe a side hustle when tax season rolls around. The...

Saving Advice

How to take care of yourself and your finances when you've experienced a layoff

Mass layoffs are currently affecting thousands of Americans both in the private and public sectors

The Independent UK

Russia’s economy boomed after the invasion of Ukraine—it’s now running out of steam

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

Fortune

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

Fortune

Nearly a quarter of Americans are ‘functionally unemployed’

The metric offers a broader snapshot of the labor market than the standard unemployment rate, which overlooks certain individuals.

Fortune

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AAP

Labour market stays tight despite surprise drop in jobs

The economy lost some jobs in May, confounding expectations, but the Reserve Bank will likely view it as noise not signs of a weakening labour market.

The Independent UK

US unemployment claims dipped to 245,000 last week, hovering at historically low levels

The number of Americans applying for unemployment benefits dipped to 245,000 last week amid uncertainty over President Donald Trump’s trade policies

The Independent UK

'Purgatory:' Fed officials left in limbo as tariffs complicate this week's rate decision

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst

Fortune

Newly-minted grads only make up just 5% of the workforce but they’re playing an ‘oversized’ role driving up unemployment

Landing a job is only getting more difficult for graduates, potentially strengthening arguments from the likes of Jamie Dimon about focusing on job-ready skills as opposed to college degrees.

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AAP

Spotlight on unemployment as jobs market loses heat

Jobs data is set to dominate the economic agenda in Australia, while onlookers expect the Federal Reserve to keep US interest rates on hold.

The Independent UK

Women’s Prize winner slams ‘unbelievable’ NHS doctor unemployment

IN FULL

The Independent UK

Women’s Prize winner Rachel Clarke issues plea to Wes Streeting as NHS doctors face unemployment

Author and palliative care doctor won the literary award for her fourth book, ‘The Story of a Heart’

Fortune

Jobs out of reach: Why recent graduates are struggling to find their footing in this current labor market

Unemployment remains low, but those just entering the market are having an increasingly difficult time finding work.

Fortune

Recurring jobless claims spike to highest level since 2021 at 1.96 million

The numbers indicate unemployed people are taking longer to get back into the job market.

TechRadar

US tech jobs are on the slide as AI snaffles entry-level jobs

Many traditional roles are being eliminated, and the market as a whole is declining.

Evening Standard

Housebuilding and China trade hopes lift London stocks

Figures showed the unemployment rate rose slightly in the three months to April, as expected.

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