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EXPLAINED: 8 | Vintage Vibes

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?

The Reserve Bank of Australia (RBA) will look at the latest unemployment figures – 4.3%, roughly 650,000 people out of work – and see a labour market that is still “too tight”.

The Conversation

Elon Musk's Mistaken Call for a 'Universal High Income'

AI will not create a jobless dystopia. Paying people a lot of money not to work would.

Reason

Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war's 'hidden target' was the labor market, economist says

“Even if the cease-fire holds, Iran’s most vulnerable people will suffer the long-term consequences of this 40-day conflict.”

Fortune

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Suze Orman: 3 Things To Do Instead of Worrying About Job Security

Sixty percent of Americans expect unemployment to rise in 2026. Suze Orman shared three financial moves to make instead of worrying about job security.

GOBankingRates

The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage

With unemployment at 4.3% and quits near a multiyear low, employees are absorbing cuts they would have walked out on three years ago.

Fortune

Fact check: Youth unemployment in Wales and fake Kuwait base photo

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

Evening Standard

41 Of The Smartest And Sneakiest Things You Can Do At Interviews To Land A Job

The job market is in a bizarre place right now. Mass layoffs are happening across many sectors, including Big Tech. Meanwhile, many graduates are finding it difficult to land even entry-level jobs. And it feels like, no matter who you are, the chances of you even landing a single interview…

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Row over Harry and Meghan’s ‘leaked’ Australian itinerary leaves tabloids stranded at the baggage carousel

Daily Mail takes down story after reporting ‘under-wraps details’ about the Duke and Duchess of Sussex’s trip to Australia. Plus: Adam Hegarty finds fans

The Guardian - AU

The world's most — and least — miserable economies in 2025, ranked

Venezuela tops a new global misery index covering 178 countries, while Taiwan claims the happiest economy title for the second year running.

Fortune

Employment data shows the early signs of AI job disruption are already here

There has been no shortage of bold claims recently about artificial intelligence (AI) and jobs — from mass unemployment to over-hyped distraction. Much of this debate is speculative. Often, coming from the tech giants promoting their own products, it is self-serving.

The Conversation

Job market yet to feel impact of Iran war, rate hikes

Australia's relatively low jobless rate has reinforced the Reserve Bank's view the labour market is still tight, adding to the case for more rate hikes.

AAP

"I'd come back from the unemployment office when the phone rang. Jimi said 'Hey, what you doing? We'd like for you to come up and join us.'" The story of the Jimi Hendrix guitarist who was written out of history

When Jimi Hendrix played Woodstock, old friend Larry Lee played guitar beside him - but his contributions were scrubbed from the movie

Louder

‘Dirty Jobs’ host Mike Rowe is giving away $10 million to get Gen Z into trades—and says the skills gap has never been worse

The TV host’s foundation is doubling the amount of scholarship money it awards to people entering the trades, as he receives 10 times the average number of applications.

Fortune

UK ‘headed for stagflation’ as economy flatlines and inflation bites due to Iran war

Stagflation – a combination of rising inflation, higher unemployment and low or zero economic growth – is seen as a ‘worst of both worlds’ scenario

The Independent UK

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The Guardian - UK

Remote working tribunal cases in Great Britain fall for first time since Covid

Last year’s drop may reflect rising unemployment and improved right to request flexible working, experts say

Fortune

‘Good for Russia, good for China, bad for America’: How the Iran war is reshaping global economies and power

Stagflation, unemployment, recession: The Iran war is rewriting the global economy, and the damage may be permanent.

Fortune

40% unemployment and a 3-day work week: they're the same thing, top economist says

If you really want that three-day work week you've been hearing about, you may want to reconsider your skepticism, even hatred, of AI, Alex Tabarrok says.

The Conversation

Donald Trump’s US ratings fall to a record low amid Iran war

United States President Donald Trump’s net approval has fallen to a record low on the Iran war, while Democrats had a 25-point swing in their favour in a federal special election. On current polling, Democrats are likely to win the US House but not the Senate at midterm elections this…

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The Guardian - AU

Is Australia headed for a recession? I hope not - but the RBA should be more worried

In backing down on his threats to destroy Iranian civilisation, Donald Trump has lessened concerns of a recession in Australia – at least for now

The Conversation

Canada and Mexico must work together to help Cuba survive its dire humanitarian crisis

The people of Cuba are facing an unprecedented humanitarian crisis due to the United States government’s energy blockade of the island nation. Although a Russian oil tanker recently passed through the blockade to deliver much-needed fuel, daily life remains precarious for ordinary Cubans, who are facing unemployment and shortages of…

Fortune

Top economist Mark Zandi says the indicator that has called every recession since WWII just signaled we're already in one

The Vicious Cycle Index is a recession indicator that takes labor force participation changes into consideration. The top economist at Moody’s Analytics said it’s flashing red.

Euronews

Spain breaks jobs record with 22 million Social Security contributors

Spain's Social Security enrolment hit an all-time high in March, boosted by Easter Week, after more than 211,000 jobs were added and unemployment edged lower.

Fortune

Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal

“Real-time data point to an important change in the U.S. labor market: The benchmark for evaluating payroll growth has moved significantly.”

Axios

Call it America's yo-yo job market

The labor market added nearly three times as many jobs as economists anticipated. But it fits into a bumpy pattern that has defined the jobs market for months.

Fortune

The jobs report looks good ‘for the wrong reasons,’ top economist warns: It’s hiding how many Americans are giving up

The strong March number takes rate cuts off the table, and lets the Fed focus squarely on inflation.

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