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The Latest Breaking News from Unemployment

Sticky inflation cruels chances of interest rate relief

Borrowers face the possibility of interest rates going up rather than down again after the Reserve Bank held steady following a spike in inflation.

AAP

A million young people aren’t in a job or training. Britain has a problem

With the jobless rate now at 4.8%, ministers are urged to do more, especially for those with disabilities or health conditions

The Guardian - UK

Furloughed federal workers face delays getting unemployment pay during shutdown

Thousands of furloughed federal workers are trying to navigate the unemployment system, in a sharp increase that is still a fraction of the 670,000 furloughed during the shutdown

The Independent UK

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Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

Fortune

Stocks Fall Before the Open After Mixed Big Tech Earnings, Trump-Xi Summit

December S&P 500 E-Mini futures (ESZ25) are down -0.18%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.20% this morning as investors weigh the outcome of the highly anticipated Trump-Xi meeting, mixed Big Tech earnings, and a cautious Federal Reserve.

Barchart

Families on the frontline of veterans' wellbeing battle

The families of defence force members and veterans are on the frontline of the fight to turn around poor health and wellbeing outcomes for servicemen and women.

AAP

Federal Reserve cuts interest rates for second time this year amid lagging job market

The Federal Reserve decides to slash interest rates again, with inflation rising and unemployment ticking up

The Independent UK

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Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad

For the first time in modern history, the Fed cut rates without jobs data, acting amid a government shutdown, rising unemployment, and open pressure from the president, who wants Powell gone.

Fortune

RBA drops rates hint as Australia maintains AAA status

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

AAP

RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

Michele Bullock plays down concerns about rising joblessness as economists pencil in February for next reduction in borrowing costs

The Guardian - AU

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Most unemployed graduates, ‘no progress’, Agniveer dilemma: Ladakh’s generation in crisis

Unemployment is brewing frustration among Ladakh’s youth, and the scale of the job crisis is clear even in official data.

Newslaundry

Why Did the Royal Navy Intercept the Russian Warship? Cause, What Happened and Historical Significance

The Royal Navy intercepted a Russian warship off the UK coast amid 2025's sluggish 1.3% growth, 3.2% inflation, and 4.8% unemployment—highlighting how defence and economic security now go hand in hand.

International Business Times UK

Australia’s surprise unemployment spike suggests an economy not overheating but in need of stimulus

Last week’s announcement that unemployment reached 4.5% in September came as a shock to the RBA, which must have been either embarrassed – or ecstatic

The Guardian - AU

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The Independent UK

Citi Foundation is putting $25M toward tackling young adults' unemployment and AI labor disruptions

Citi Foundation is donating a half million dollars to each of 50 groups that provide digital literacy skills, technical training and career guidance for low-income youth around the world

The Guardian - UK

Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise

Thinktank fears 16- to 24-year-olds not in education, employment or training could be ‘priced out’ of entry-level jobs

AAP

Bank heads to open up before 'urgent' rate cut talks

Surprising unemployment data has many expecting interest rates are in for another trim, with two key figures in that decision set to give their reaction.

The Guardian - AU

The ‘messy’ trend behind Australia’s rising unemployment is worrying economists

The RBA is holding fire on further rate cuts until it is confident that inflation is easing. But the latest jobs data complicates matters

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Pedestrian.tv

Economists Baffled As Australia’s Unemployment Rate Hits Its Highest Level In 4 Years

It comes as a shock as the Reserve Bank of Australia (RBA) and the federal budget forecasts expected unemployment to remain steady through 2026.

The Guardian - AU

An unexpected unemployment rate rise puts the RBA odds-on to cut the cash rate – but it’s a headache for Jim Chalmers

A resilient labour market is the jewel in Labor’s crown when it comes to its economic record. Is this month’s data a blip, or the start of something bigger?

The Conversation

What a surprise spike in the unemployment rate means for interest rates and the economy

The rate of unemployment in Australia is on the rise again. Official labour force data released on Thursday shows that in the month to September, Australia’s seasonally adjusted unemployment rate jumped from 4.3% to 4.5%.

AAP

Renewed rate-cut hopes fuel Australian shares record

A lift in expectations of an interest rate cut have provided a springboard to send Australian equities to new highs, after weeks of consolidation.

AAP

Rates cut back in the works as jobless figure spikes

An interest rate cut is back in the running on Melbourne Cup day as surprising unemployment figures offer borrowers hope of a home-loan victory.

International Business Times UK

'We Need Support, Not Pressure': Inside Rachel Reeves' Youth Jobs Guarantee Plan

Labour's new jobs guarantee promises paid placements for young people out of work for 18 months. But experts warn it could repeat past mistakes if it relies on sanctions rather than support. And, policy must focus on skills, confidence and real opportunity to work.

GOBankingRates

Banking Expert: 5 Things You Must Do With Your Money in a Shrinking Job Market

Unemployment is rising. A credit union CEO shared smart financial moves to protect your money and stay afloat in a shrinking job market.

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Jerome Too Late Powell

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