"In the wake of the COVID-19 pandemic, #unemployment went up. #London bore the brunt of this – at its peak in 2021, 6.5% of working-age Londoners were unemployed, compared to 4.8% in the rest of the country. And then, as the country began to reopen, the unemployment rate went back to below pre-pandemic levels. Since 2023, though, while unemployment has remained around the same level in the rest of England, it’s gone up sharply in London."

#UKPol

https://trustforlondon.org.uk/news/unemployment-is-rising-among-young-people-in-london-whats-going-on/

Unemployment is rising among young people in London – what's going on?

In this analysis, we explore rising levels of youth unemployment in London. We ask if there are early signs that AI is changing the labour market, and hear from young Londoners themselves about what challenges they face and what needs to change.

Trust for London

Unemployment rate rises to 4.3pc as full-time jobs decline
By Emily Stewart

Australia's unemployment rate rose to 4.3 per cent in February, up from 4.1 per cent, in seasonally adjusted terms.

https://www.abc.net.au/news/2026-03-19/australian-unemployment-rate-rises-february/106471570

#Unemployment #InterestRates #PetrolPrices #EmilyStewart

Unemployment rate rises to 4.3pc as full-time jobs decline

Australia's unemployment rate rose to 4.3 per cent in February, up from 4.1 per cent, in seasonally adjusted terms.

@Nonilex
"Taking steps to tame inflation against this backdrop could portend sharply higher #unemployment, while shoring up the labor market risks exacerbating the central bank’s inflation problem."
Federal Reserve-speak for, "damned if we do, damned if we don't," Nonilex.

The combination of the two is particularly hazardous for the #FederalReserve, which is responsible for maintaining low, stable #inflation & a healthy #labor market. Taking steps to tame inflation against this backdrop could portend sharply higher #unemployment, while shoring up the labor market risks exacerbating the central bank’s inflation problem.

#TrumpsWar #US #Trump #law #Congress #WarPowers #geopolitics #MiddleEast #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis

video interview

Clara Mattei is an economist who wants us to rethink the idea that #capitalism is simply the natural order of things.

She is an author and professor of #economics whose work explores how economic ideas become tools of #power, shaping #policy while masking the political decisions beneath.

Her new book, Escape from Capitalism, argues that many of the problems that we see as inevitable - #poverty, #unemployment, #inflation - are built into the system and shored up by models and theories designed to convince us that there is no alternative.

https://www.youtube.com/watch?v=9M_dq_0ljsc

#inequality #austerity #fascism #neoliberalism #channel4

Imperialist war on Iran drives up unemployment in UK – time for the working class to take action and force TUC to call a general strike. By. News ...

AT A press conference yesterday morning, prime minister Keir Starmer attempted to reassure workers that the Labour government would protect them from the economic crisis triggered by US imperialism’s war on Iran.#britain #employment #europe #iran #israel #labourparty #palestine #unemployment #unions #wrp #youngsocialists
Imperialist war on Iran drives up unemployment in UK – time for the working class to take action and force TUC to call a general strike - Workers Revolutionary Party

Imperialist war on Iran drives up unemployment in UK – time for the working class to take action and force TUC to call a general strike - Workers Revolutionary Party

AT A press conference yesterday morning, prime minister Keir Starmer attempted to reassure workers that the Labour government would protect them from the economic crisis triggered by US imperialism’s war on Iran. Starmer is scared that the war to crush Iran has escalated far beyond the extremely limited imagination of Trump and his administration, and […]

Workers Revolutionary Party
Young people want to work: now there may be jobs for them

I spent a week at a London jobcentre. Those I met were smart and eager to work – and now they have a government willing to help them, says Guardian columnist Polly Toynbee

The Guardian

Now you know why you can't get anyone to answer your calls or emails. Cheeto has gutted every department so that there are not enough per capita employees to actually do the work.

The population in the US in 1966 was about 198 million people: https://www.populationpyramid.net/united-states-of-america/1966/

Today it is 349 million: https://www.populationpyramid.net/united-states-of-america/2026/

But we have the same number of workers as 1966. This is stupid.

Article: https://sherwood.news/world/with-federal-jobs-at-a-60-year-low-the-us-government-looks-to-grow-its-workforce/

#Coup #Unemployment #Government #SocialSecurity #Medicare #DOGE

Disturbing, but not surprising results from an Australian HR Institute survey of senior HR professionals and business leaders:
"Employers reveal excluding candidates with mental illness, disability and age in new report"

What is really disturbing is that this survey shows that these trends are increasing over time, not decreasing.
#Australia #employment #unemployment

https://www.abc.net.au/news/2026-03-17/employers-excluding-candidates-with-mental-illness-disability/106459246

Seven in 10 employers admit excluding candidates due to illness or age

Seven in 10 employers have revealed they are excluding candidates in certain groups, including those who live with a long-term illness, disability, mental illness or are over 55, according to a new survey.

Labour MPs have no reason to oppose new welfare reforms, says minister

Pat McFadden unveils £1bn youth employment scheme and appeals for support from backbench MPs who rebelled over welfare last year

The Guardian