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The Latest Breaking News from Unemployment

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

The Guardian - AU

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.

Fortune

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.

The Conversation

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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.

AAP

"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

Louder

‘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.

Fortune

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 Independent UK

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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

The Guardian - UK

‘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.

Fortune

40% unemployment and a 3-day work week: they're the same thing, top economist says

If you really want that three-day work week you've been hearing about, you may want to reconsider your skepticism, even hatred, of AI, Alex Tabarrok says.

Fortune

Donald Trump’s US ratings fall to a record low amid Iran war

United States President Donald Trump’s net approval has fallen to a record low on the Iran war, while Democrats had a 25-point swing in their favour in a federal special election. On current polling, Democrats are likely to win the US House but not the Senate at midterm elections this…

The Conversation

Is Australia headed for a recession? I hope not - but the RBA should be more worried

In backing down on his threats to destroy Iranian civilisation, Donald Trump has lessened concerns of a recession in Australia – at least for now

The Guardian - AU

Canada and Mexico must work together to help Cuba survive its dire humanitarian crisis

The people of Cuba are facing an unprecedented humanitarian crisis due to the United States government’s energy blockade of the island nation. Although a Russian oil tanker recently passed through the blockade to deliver much-needed fuel, daily life remains precarious for ordinary Cubans, who are facing unemployment and shortages of…

The Conversation

Top economist Mark Zandi says the indicator that has called every recession since WWII just signaled we're already in one

The Vicious Cycle Index is a recession indicator that takes labor force participation changes into consideration. The top economist at Moody’s Analytics said it’s flashing red.

Fortune

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Euronews

Spain breaks jobs record with 22 million Social Security contributors

Spain's Social Security enrolment hit an all-time high in March, boosted by Easter Week, after more than 211,000 jobs were added and unemployment edged lower.

Fortune

Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal

“Real-time data point to an important change in the U.S. labor market: The benchmark for evaluating payroll growth has moved significantly.”

Axios

Call it America's yo-yo job market

The labor market added nearly three times as many jobs as economists anticipated. But it fits into a bumpy pattern that has defined the jobs market for months.

Fortune

The jobs report looks good ‘for the wrong reasons,’ top economist warns: It’s hiding how many Americans are giving up

The strong March number takes rate cuts off the table, and lets the Fed focus squarely on inflation.

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news in one place.

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The Independent UK

U.S. employers added a surprisingly strong 178,000 jobs last month, rebounding from a weak February

American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February

The Guardian - US

US jobs market surpassed expectations in March but February losses were worse than first reported

Employers added 178,000 new jobs in March and unemployment rate fell to 4.3%, ahead of economists’ predictions

Times Life

Perplexity CEO Aravind Srinivas Says Losing Your Job To AI Is ‘Fine’

Artificial intelligence is already changing the workplace, but a recent comment by Perplexity CEO Aravind Srinivas has sparked a fierce debate online. The Indian-origin entrepreneur, who founded Perplexity in 2022, suggested that losing jobs to AI may not be as bad as many people fear. His comments have divided people…

Fortune

A Wall Street vet’s Walmart recession indicator just hit its highest point since 2008—and he says the fear ‘just keeps multiplying’

Jim Paulsen’s “Walmart Recession Signal” has tracked closely with downturns in real GDP growth and unemployment spikes.

Barchart

Stock Index Futures Rally on Prospect of End to Middle East Conflict, U.S. Economic Data and Fed Speak in Focus

June S&P 500 E-Mini futures (ESM26) are up +1.02%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.94% this morning as sentiment got a boost after President Trump reportedly told aides he was willing to end the U.S. military campaign against Iran.

Barchart

Dollar Supported by Iran War and Slumping Stocks

The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar rose on Thursday as doubts about whether a ceasefire in Iran will materialize weighed heavily on stocks and boosted safe-haven demand for the dollar. Also, Thursday’s decline in US weekly continuing unemployment claims to a 1.75-year low is...

Fortune

Trump's war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says

The bank sees the Iran-driven oil shock stripping 10,000 jobs a month from U.S. payrolls through year-end. Leisure, hospitality, and retail are hit worst.

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