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The Latest Breaking News from Unemployment

UK’s youth unemployment crisis costing UK £125bn a year, review estimates

The number of people aged 16 to 24 in the UK not in education, employment or training could increase to one in six young people by 2031, it said.

Evening Standard

Milburn backs Blair’s criticism of policies affecting entry-level jobs

The author of a review of youth unemployment suggested the current Government should rethink an uplift in the minimum wage.

Evening Standard

Labor’s JobSeeker reforms are a welcome step – but so far, fall short of a radical rebuild

The Albanese government has promised to undertake “once-in-a-generation” reforms of the government’s employment services system, which could affect the roughly one million Australians who access unemployment payments including JobSeeker.

The Conversation

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Over 700,000 Kids Cut Off From Food Aid in 12 States as Trump's 'Big Beautiful Bill' Bites

Over 700,000 children in the US have lost food support due to new legislation, with Arizona and Texas experiencing significant reductions amid rising unemployment.

International Business Times UK

Traders Echo Pope Leo's Warning That AI Could Trigger Mass Job Losses

Traders on Kalshi are giving a 60% chance that U.S. unemployment will cross 8% at some point before 2030 and a 47% chance that it will cross 9% during the same period, largely as a result of AI implementation.

International Business Times

UK facing ‘generational fault line’ over youth unemployment, review warns

IN FULL

The Independent UK

Three mortgages, zero salaries: What do families do when everyone loses their job together? Viral layoff story reveals fear, debt, and survival panic

A shocking rise in family financial crisis after layoffs is emerging as global job cuts accelerate across tech, fintech, and aviation sectors. In recent months, multiple households have reported simultaneous unemployment among all earning members, pushing savings under pressure. Rising interest rates, shrinking job openings, and delayed hiring are worsening…

The Economic Times

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Welfare bill should be brought down by boosting employment – not cutting benefits, Labour told

The universal credit bill could be cut by £10bn through tackling unemployment, researchers find

The Independent UK

Next boss says 'dramatic' fall in entry-level roles could cause job market chaos — Lord Wolfson says fall highlights 'the crisis is in youth unemployment at the moment'

Next CEO criticizes government policies for making it costlier to employ entry-level workers, while retail stores employ more automation.

TechRadar

'I quit my job. I gave them 2 seconds notice': US worker quits after manager demands a drug test for wearing a blanket

A night shift worker's viral story highlights concerns about workplace drug testing. Employers might use drug tests to dismiss staff and reduce unemployment insurance costs. Refusing a test can lead to denial of benefits. Younger workers are increasingly leaving toxic environments. Documenting requests and knowing state laws are crucial steps…

The Economic Times

Next boss Lord Wolfson warns of youth unemployment ‘crisis’ in UK

IN FULL

The Independent UK

Government policy is causing a ‘crisis’ in youth unemployment, Next boss warns

Simon Wolfson said rises in the rate of national insurance contributions and the minimum wage have hurt the employment market

The Independent UK

Next boss warns over ‘dramatic fall’ in UK entry-level jobs

Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemployment

The Guardian - UK

Next boss warns of youth unemployment ‘crisis’ as shop vacancies drop

Increased labour costs and slow economic growth are responsible for the shrinking of vacancies, Lord Simon Wolfson said.

Evening Standard

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Bangkok Post

India's 'Cockroach' party goes viral, spotlights Gen Z worries

India's brand new Cockroach Janta Party (CJP) channeling Gen Z concerns has gone viral, overtaking Instagram followers of the ruling Bharatiya Janata Party (BJP), discussing issues like politics, inflation and unemployment - with a touch of humor. The group's 30-year-old founder, Abhijeet Dipke, said the CJP was so named because…

The Guardian - UK

Labour needs ‘system reset’ to tackle youth unemployment, report to say

Alan Milburn, who is leading review commissioned by government, says current strategy ‘going in wrong direction’

The Times of India

'AI impact on Indians abroad is highest': How H-1B workers are struggling after Meta, Amazon layoffs

For thousands of Indian tech workers in US, losing a job now means more than just unemployment. It can also trigger a 60-day countdown that may decide whether they can continue living in the country with their families.

The Guardian - US

A college degree once ensured prosperity – but gen Z is finding ‘just not much out there’

Survey after survey show gen Z experiencing deep economic instability, plus eroding trust in US leadership and weakened social connections

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AAP

America In Focus: mortgage rate rises while Wall Street looks to continue its winning ways

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what's traditionally the housing market's busiest time of the year

The Independent UK

Social media and mental health fuel youth unemployment crisis, warns jobs tsar

IN FULL

The Economic Times

UK's FTSE 100 snaps four-week losing streak as rate hike fears ease

UK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Bank of England rate hike. Retail sales saw their steepest fall in nearly a year, adding to concerns about consumer spending amid global and domestic challenges.

The Economic Times

Cockroach Janta Party: How an insect jibe united India’s disgruntled jobless youth

A mock political party, the Cockroach Janta Party, is gaining massive followers on social media. It represents young Indians' frustration with job scarcity and traditional politics. The movement highlights growing Gen Z resentment towards the government's employment efforts. This satirical party has captured the attention of political rivals as well.

AAP

America In Focus: mortgage rate rises while Wall Street looks to continue its winning ways

The Times of India

‘It’s not their fault’: Amazon UK boss says education system is failing young workers

Amazon’s UK chief has said young people should not be blamed for rising unemployment levels, arguing the education system is failing to prepare them for work.

The Economic Times

India's job engine strains as Iran war hits remittances and trade

The Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This double blow is leading to unemployment and potential social unrest, as returning workers struggle to find comparable wages in India. The situation is particularly visible in industrial hubs like Kanpur,…

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