Unemployment News

UK Private Sector Wage Growth Falls Below 3% as Vacancies Drop to 712,000

UK vacancies fell by 7,000 to 712,000 in the three months to June, the latest ONS data shows, continuing a sustained downward trend.

Jul 22, 2026

🇰🇷 South Korea

South Korea Q2 College-Graduate Unemployment Hits 5-Year High at 481,000; Youth Bear Brunt

South Korea's Q2 2026 college-graduate unemployment reached 481,000 — a 5-year high and the worst since the COVID-19 crisis in 2021, with youth aged 20-39 accounting for 64% of jobless graduates.

Jul 19, 2026

ManpowerGroup Upgraded to Buy as Five Straight Quarters of Revenue Growth Signal Labor Market Recovery

ManpowerGroup upgraded to Buy after delivering five consecutive quarters of growth, with US Manpower growing for eight straight quarters

Jul 19, 2026

Australia Unemployment Falls to 4.4% as Job Growth Surges — RBA Rate Cut Bets Pulled Back

Australia's unemployment rate fell to 4.4%, better than consensus forecast, as the economy added jobs at a faster-than-expected pace in June.

Jun 26, 2026

Strong Jobs Report Kills Summer Rate Cut; Markets Reprice Higher-for-Longer

May's surprisingly strong payroll growth with upward revisions eliminates summer rate cut odds, forcing investors to reassess portfolio positioning

Jun 18, 2026

🇧🇷 Brazil

Sam Altman Was Wrong About AI's Job Impact, But AI May Be Blocking Entry-Level Work

OpenAI CEO Sam Altman's predictions about AI eliminating jobs have not materialized as expected

Jun 16, 2026

AI Will Not Kill Jobs Requiring Physical Presence, Trades Sector Set to Prosper: Analysis

Financial Post analysis: AI will not displace physically present jobs; trades sector set to prosper

Jun 14, 2026

Gen Z Drives Multi-Job Surge as More Americans Hold Multiple Simultaneous Positions

Generation Z workers are leading a structural rise in multi-job employment as flexibility-first values reshape the US labor market, with implications for gig platforms, Fed wage data, and traditional employers.

Jun 8, 2026

🇦🇺 Australia

Australia's 4.75% Minimum Wage Rise Unlikely to Cause Business-Warned Inflation, Analysis Finds

Economic analysis challenges business lobby warnings about Australia's 4.75% minimum wage increase, arguing the price pass-through will be far weaker than feared and may even help contain inflation.

Jun 5, 2026

US May Jobs Surge Past All Forecasts, Unemployment Holds at 4.3%, Lifting Fed Hike Bets

US job growth in May exceeded every analyst forecast, delivering the clearest signal that the labor market is re-accelerating.

Jun 5, 2026

ADP Reports 122,000 New US Jobs in May, Beating 110,000 Estimate and Reinforcing Fed Higher-For-Longer Stance

ADP reports 122,000 new US private sector jobs in May, beating the Dow Jones estimate of 110,000 and surpassing April's 105,000, reinforcing the Fed's higher-for-longer interest rate stance.

Jun 4, 2026

AI Drives US Entrepreneurial Surge While Reshaping Labor Market Productivity and Employment Dynamics

AI is driving a US entrepreneurial surge with AI-adjacent startups growing faster with smaller teams, creating complex labor market dynamics as higher productivity per employee may weaken the traditional relationship between economic growth and job creation.

Jun 3, 2026

US Job Openings Jump to 7.6 Million in April — Highest in Nearly a Year — Complicating Fed Rate-Cut Calculus

US job openings surged to 7.6 million in April — the highest in nearly a year — with a 731,000 monthly jump that complicates the Fed's rate-cut narrative and strengthens the case for Philadelphia Fed President Harker's hawkish rate-hike signal.

Jun 3, 2026

Marc Bolland of M&S Named UK Government Youth Jobs Tsar Amid 'Lost Generation' Warning

Former Marks & Spencer CEO Marc Bolland was appointed as UK government jobs adviser to tackle the growing youth unemployment crisis.

May 31, 2026

Fed's Williams Quips Economists Are Safe as Global Central Bankers Debate AI's Economic Impact

Fed NY President Williams jokes AI won't eliminate economist jobs as Iceland global central banker meeting focuses on AI's labor market and productivity implications

May 31, 2026

UK's 1 Million NEET Youth Triggers 'Lost Generation' Warning as Dutch Model Offers Employment Template

A UK government-backed report warns of a 'lost generation' as the number of 16-to-24-year-olds not in education, employment, or training surpassed 1 million.

May 30, 2026

🇦🇺 Australia

Australia's Productivity Puzzle: Workers Feel Busier as Official Metrics Show Stagnation

Australia is experiencing a persistent productivity slump despite widespread worker sentiment that effort and hours worked have increased.

May 30, 2026

UK Youth Unemployment Crisis Costs £125B Annually as One Million Young People Remain NEET

One million young people aged 16-24 in the UK are not in education, employment, or training — a NEET crisis costing the economy an estimated £125 billion per year.

May 29, 2026

🇩🇪 Germany

Germany IAB Labor Barometer Rises to 99.6 in May — First Gain in Six Months but Downturn Continues

Germany's IAB labor market barometer rose 0.1 points to 99.6 in May — the first increase in six months

May 28, 2026

Nova Scotia Long-Term Care Workers Strike Escalates as Rally Targets Premier Houston

Striking long-term care workers from across Nova Scotia are converging on Premier Tim Houston's state of the province address in a coordinated labor action

May 26, 2026

🇰🇷 South Korea

South Korea Youth Employment Rate Falls for 4th Year as AI Displaces Entry-Level Developers, Gap With 30s at Record

South Korea's youth employment rate (ages 15-29) has declined for four consecutive years, with the employment gap between 20s and 30s widening to a record high as AI tools replace entry-level software development positions.

May 25, 2026