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The Latest Breaking News from Unemployment

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

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'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

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...

Barchart

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.

Kiplinger

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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 Independent UK

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

The Guardian - US

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...

Barchart

Alarm bells ringing as unemployment grows in US

IN FULL

The Independent UK

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.

Kiplinger

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

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news in one place.

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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...

Fortune

The labor market is balancing on a knife edge, and the factors weakening it aren’t going anywhere

The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but what underlying factors are shaping the data, and are they here to stay?

International Business Times UK

US Unemployment Has Now Surpassed Number Of Available Jobs - What's Happening To America?

US unemployment surpasses job openings for the first time since 2021, with 7.2M jobless. Tariffs and policy uncertainty stifle hiring, threatening £1.2T in consumer spending

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The Independent UK

US employers likely added a modest 80,000 jobs last month, a sign that the labor market has cooled

When the Labor Department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her

Fortune

Bank of America says the unemployment rate for recent grads is rising faster than all workers

The report finds that over 13% of unemployed Americans in July were “new entrants” or first-time job-seekers, “which skews towards Gen Z.”

Evening Standard

We can all help get young London working again

With almost 1 million young people in the UK not in employment, education or training, The Standard and The King’s Trust launch urgent campaign to tackle youth unemployment — with £500,000 from the Dispossessed Fund to get it started

International Business Times UK

UK Job Market Gloom: Jobless Man Rejected In 5,000 Applications - And He Is Not Alone

According to the House of Commons Library, 1.67 million people were unemployed between April and June 2025, an increase of more than 200,000 compared with the previous year.

Evening Standard

Starmer ‘too arrogant’ to admit he’s got things wrong, Badenoch tells Commons

The Conservative leader pressed the Prime Minister on borrowing costs, unemployment, and future tax rises, at PMQs.

Fortune

The professions trying to get ahead thanks to AI are the ones most likely to lose their jobs to it, finds St. Louis Fed

AI job losses may be starting to show up in U.S. data, with a St. Louis Fed study linking rising unemployment to industries adopting generative AI.

Capital & Main

In Trump’s Push to Fire Fed Governor, a Curious Target

In seeking to oust Lisa Cook, President Trump attacks a likely ally on interest rates who happens to be the first Black woman in the job.

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