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www.thetimes.com
Private sector wage growth slows as public sector pay rises
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UK employers shed jobs as labour market weakens further ft.trib.al/NA1oz34
ft.trib.al
UK employers shed jobs as labour market weakens further
Official figures also show unemployment ticked higher in second quarter
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UK ILO Unemployment Rate 3M June: 4.9% (est 4.8%; prev 4.9%)
- Employment Change (3M/3M): 84K (est 130K; prev 148K)
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UK Payrolled Employees Monthly Change July: -13K (est 0K; prev -4K; prev R -13K)
- Claimant Count Rate: 4.3% (prev 4.4%)
- Jobless Claims Change: -11K (prev 6.7K; prev R -6.4K)
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🔴 UK UNEMPLOYMENT RATE ACTUAL 4.9% (FORECAST 4.8%, PREVIOUS 4.9%) $MACRO
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🔴 UK UNEMPLOYMENT CHANGE ACTUAL -11K (FORECAST -, PREVIOUS 6.7K) $MACRO
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Economic volatility is what you want to avoid, because that produces higher unemployment. Pushing volatility onto rates and currencies is the healthier path. The complication is uneven capital market development, which drives EM reserve accumulation into US treasuries and sets up the next crisis.
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Labor data shows the U.S. economy lost 23,000 jobs in July, when economists had predicted modest growth.
The unemployment rate ticked down, from 4.2% to 4.1%, a function of fewer people seeking jobs. to.pbs.org/45I1mHb
to.pbs.org
What the July jobs report reveals about the strength of the economy
New labor data shows the U.S. economy lost 23,000 jobs in July, when economists had predicted modest growth. Revised numbers for May and June also show 103,000 fewer jobs created than originally repor...
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President Donald Trump on Friday said that the US economy is "doing unbelievably from the standpoint of Wall Street," bragging about record equity prices as job and wage growth remain stagnant and millions of Americans struggle to afford groceries.
bit.ly
Trump's tone-deaf brag leaves onlookers dumbfounded
President Donald Trump on Friday said that the US economy is “doing unbelievably from the standpoint of Wall Street,” bragging about record equity prices as job and wage growth remain stagnant and millions of Americans struggle to afford groceries.In remarks to reporters, Trump hailed what he descri...
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California's unemployment rate is among the highest in the USA (MUFG)
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Black unemployment in NYC is 8.8%, nearly double the white unemployment rate. Clean Slate advocates say sealing records could unlock billions in lost income. #CleanSlate #NYC
amsterdamnews.com
Black workers still highest unemployed; Clean Slate one of many policies with an economic answer
As the Trump administration has made efforts to weaken or eliminate (DEI) programs, Black workers have been watching the labor market weaken.
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Wait a minute? Did he just say there was 21.5% unemployment and inflation of 30-35% during the Biden administration?!?!
Aaron Rupar @atrupar.com
NEWSMAX: The cost of living is fueling the rise of socialism. There's a feeling that things are too expensive. How do we get rid of that liability before the midterms? BESSENT: Look, people should be upset. The Biden administration torched them.
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Why is the economy so resilient?
1. There are more rich ppl than ever before
2. The unemployment rate has been sub-5% for ~5 years
Take out the Covid surge and it's ~9 years of <5% unemployment
Rich ppl spend lots of money
Ppl w/jobs spend money
awealthofcommonsense.com/….
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Gen Z and millennials have it far worse than my generation. Here's why | Opinion
www.theguardian.com
Gen Z and millennials have it far worse than my generation. Here's why | Opinion
The social contract between the younger and older generation has been broken, says Guardian columnist Polly Toynbee, with gen Z and millennials set to be worse off than their parents in the face of soaring unemployment, stagnating wages and ballooning house prices
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How far do the dollars of a laid-off editorial worker go?
racketmn.com
Money Journal: 1 Week in Minneapolis’s West Maka Ska Neighborhood on $482 Per Week Unemployment Benefits - Racket
How far do the dollars of a laid-off editorial worker go?
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Unemployed young people to join AI boot camps to get job-ready
www.theguardian.com
Unemployed young people to join AI boot camps to get job-ready
Pilot scheme will provide three weeks of training as part of UK government’s latest attempt to address Neets crisis Young people out of work or at risk of unemployment in the UK are to join “AI boot camps” where they harness the technology to get a foothold in the workplace. The government’s latest attempt to address the crisis in Neets – young people not in work or education – involves turning to a technology that many view as a potential threat to employment. Continue reading...
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US unemployment claims rise but remain at healthy level: mrf.lu/2kQ10
www.pilotonline.com
US unemployment claims rise but remain at healthy level
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It's the long-awaited return of Money Journal. Learn what your neighbors earn and spend.
racketmn.com
Money Journal: 1 Week in Minneapolis’s West Maka Ska Neighborhood on $482 Per Week Unemployment Benefits - Racket
How far do the dollars of a laid-off editorial worker go?
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Wholesale inflation up 4.7% over the past year, BLS says qz.com/producer-pri...
qz.com
U.S. wholesale inflation rose 4.7% year-over-year in July 2026
The Producer Price Index for final demand was flat month-over-month, as a drop in energy prices offset a rise in services
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US weekly jobless claims increase moderately, point to stable labor market reut.rs/4gaVn2o
reut.rs
US weekly jobless claims increase moderately, point to stable labor market
The number of Americans filing claims for unemployment benefits increased moderately last week, suggesting that the labor market remains stable despite July's surprise job losses.
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