Unemployment

US weekly jobless claims fall more than expected amid labour market stability

Claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 206,000 in the week ended Feb 14

Australia's jobless rate held at 4.1 per cent, the lowest reading since last May.

Australia unemployment stays low at 4.1%, full-time jobs jump

Markets now imply around a 77 per cent chance the RBA will raise its policy interest rate by another 25 basis points to 4.10 per cent in May

People walk across London Bridge during morning commute rush, in London, Britain, Jan 16, 2026.

UK minimum wage is raising youth unemployment, Bank of England’s Mann says

[LONDON] A sharp rise in Britain’s minimum wage for younger workers over the past three years has contributed to an increase in unemployment for that age group, Bank of England policymaker Catherine M...

The National Institute of Economic and Social Research forecast that the jobless rate would average 5.4 per cent this year, up from 4.8 per cent in 2025.

UK unemployment set to hit 11-year high in 2026, NIESR forecasts

Unemployment in the IT sector could be due to artificial intelligence

Economists polled by Reuters had forecast an unemployment rate of 5.3 per cent.

New Zealand’s jobless rate rises to decade-high 5.4% in Q4

[SYDNEY] New Zealand’s jobless rate rose to its highest in 10 years in the fourth quarter at 5.4 per cent, even while employment increased by 0.5 per cent from the previous quarter, according to data ...

Unemployment among the 25-29 year-old segment, excluding college students, dropped to 6.9 per cent from 7.2 per cent.

China’s December youth jobless rate drops to 16.5%

[BEIJING] The youth jobless rate in China fell in December for 16-to-24 year-olds, excluding college students, to 16.5 per cent from 16.9 per cent a month prior, data from the National Bureau of Stati...

Australia's net employment jumped 65,200 in December from November, when jobs fell by 28,700.

Australia’s December unemployment rate drops to 7-month low as jobs jump

[SYDNEY] Australian employment blew past forecasts in December to more than offset a surprise fall the month before, while the unemployment rate dropped unexpectedly to a seven-month low in a sign the...

Both temporary and permanent hiring in the UK are expected to remain muted this year, though permanent roles will suffer the most. 

UK recruiters face dire year with tough job market, AI threat

Rising costs, growing uncertainty crimped hiring in late 2025; and AI could disrupt the job market and make recruiters redundant

The jobless rate is projected to have eased to 4.5% in December after accelerating to more than a four-year high of 4.6% in November.

US job openings slide to 14-month low; hiring weak in November

Some employers are also integrating AI in certain roles, diminishing the need for labour

Even if hiring demand remains positive, employers are becoming more selective, say recruiters.
OUTLOOK 2026

More contract hiring, higher foreign labour costs: The trends shaping Singapore’s manpower landscape in 2026

Gloomier hiring sentiment persists despite economy ending year on better-than-expected note