The Latest Breaking News on Economy

Beneath the surface of a job market that appears exceptionally strong, things might be getting bumpier.

This holiday season, working families across America are struggling through the worst bout of inflation in decades. A typical household has lost more than $7,000 in purchasing power since January 2021 due to prices rising faster than incomes.

Anglicare says there are 15 applicants per position but many often stand little chance of success due to lack of experience, age and other barriers

GDP figures show wages and not just profits are starting to generate growth. Still, disposable income is going backwards

Letter: The idea that there is a ‘culture of worklessness’ has been debunked, but Conservatives keep making such claims to justify punitive welfare reforms, writes Carolyn McAllister

A new plan which would radically change how payments are made to workers who have lost their jobs will be introduced to Cabinet tomorrow

Youth and student payments will go up by 6.1 per cent on January 1 — but the increase still won't be enough to cover the cost of living amid rising inflation.

There’s one caveat to keep in mind about Friday’s surprisingly large U.S. payrolls and wage gains: the response rate from businesses was the poorest since January 2002.

US labour market has defied sceptics, adding hundreds of thousands of jobs, month after month despite rising rates.