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EXPLAINED: 27 - The Real Truth

Bank of England poised to cut interest rates

Quarter-point reduction expected, with City investors predicting a three-way split among rate setters

The Guardian - UK

The gambling industry is a licence to print money. Tax it properly – and turbocharge the fight against child poverty

New thinking is urgent now. I have not seen such deep poverty since I grew up in a mining and textiles town blighted by unemployment, says former prime minister Gordon Brown

The Guardian - UK

Goldman Sachs economist warns Gen Z tech workers are first on the chopping block as AI shows signs of shaking up the labor market

Unemployment among 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, said Goldman Sachs senior economist Joseph Briggs.

Fortune

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Is identity-based rhetoric fuelling anti-immigrant violence in Europe?

Anti-immigration protests across England, Northern Ireland, Spain and Poland have grown more frequent – and in some cases violent – as far-right groups gain influence in communities grappling with housing shortages, unemployment and inequality.

Radio France Internationale

New Ohio bill wants to make state registry of people who skip job interviews

‘If you’re collecting unemployment, you should be actively looking for work. Period,’ said Ohio Rep. Brian Lorenz

The Independent UK

Now is the time for Democrats to hammer Trump on the economy

With inflation and unemployment rising, Democrats must speak out – and show they care about the average voter

The Guardian - US

Bank of England forecast to cut interest rates amid rising unemployment and Trump tariffs

City predicts quarter-point drop to 4% when MPC meets on Thursday

The Guardian - UK

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The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says

"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."

Fortune

Top economist Brad DeLong to recent college grads: Don't blame AI for job struggles—blame the sputtering economy

"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist writes.

Fortune

US Job Market Wobbles: Shock Figures Reveal Hiring Slump and Steep Revisions Spark Recession Fears

US economy added just 73,000 jobs in July 2025 with unemployment rising to 4.2%, while massive downward revisions slashed 258,000 jobs from May and June totals.

International Business Times UK

Make up to $370K working for Walmart—as AI steals jobs, the retail giant is handing out six figures for roles far from the shop floor

As unemployment climbs and AI wipes out white-collar jobs, Walmart is dangling six-figure salaries for new tech hires.

Fortune

July Jobs Report Renews Rate-Cut Hopes: What the Experts Are Saying

The July jobs report shows weakening in the labor market and lifts expectations for a September rate cut.

Kiplinger

Economy likely created 115,000 jobs in July as labor market loses momentum

The American job market is deteriorating -- ever so slowly

The Independent UK

Reduced Fed Rate Cut Expectations Bolster the Dollar

The dollar index (DXY00 ) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...

Barchart

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Barchart

Dollar Gains as US Economic Strength Dampens Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.23% and posted a fresh 2-month high. The dollar is supported by today's US economic news that shows a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...

International Business Times

Thousands Of Afghans Scramble For Chance To Work In Qatar

When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a shot to make a living in the gas-rich emirate, his own country wracked by unemployment.

Euronews

Eurozone unemployment stays at a record low despite economic hurdles

US tariffs have created economic headwinds by creating uncertainty around trade, but Europe’s labour market is holding up relatively well.

Barchart

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

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Fortune

Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

Euronews

Educated but still unemployed: How does unemployment vary among university graduates across Europe?

Unemployment rates are higher among the general population than among university graduates across Europe—except in Turkey. Euronews Business looks at the data.

Evening Standard

Fact check: ‘Asylum hotels’, employment data and ‘enhanced customs monitoring’

Round-up of fact checks from the last week compiled by Full Fact.

The Guardian - UK

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

The Conversation

Reserve Bank says unemployment rise was not a shock, inflation on track

Reserve Bank Governor Michele Bullock has fleshed out the central bank’s thinking behind its surprise decision to keep interest rates on hold this month.

The Guardian - AU

RBA wary of cutting rates until it has more evidence on inflation, Bullock says

Governor defends cautious approach, saying price pressures have been brought under control without surge in unemployment

Fortune

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

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