Unemployment

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

While unemployment edges up, worker inactivity – those neither in work nor looking for it – is easing back down.

Rising costs are pushing inactive Britons back into the workforce

The inactivity rate has fallen to 21%, close to pre-pandemic norms

Younger voters are angrier and more sceptical of their leaders and economic elites. That anger was on display on the streets of Indonesia, among other Asian countries, this summer.
THE BOTTOM LINE

How Asia’s Gen Z is losing out to China’s US$1 trillion surplus

The political consequences of the new shock are already emerging

Net employment in Australia fell 23,100 in November from October.

Australia’s November jobs fall most in nine months, unemployment rate steady

[SYDNEY] Australian employment fell in November by the most in nine months, while annual jobs growth slowed sharply from earlier this year, a sign the labour market is cooling and could ease pressure ...

The jobless rate fell to 4.3 per cent from 4.5 per cent in September and was better than the predicted 4.4 per cent.

Australian unemployment decline supports RBA rate-pause call

Jobs data are crucial for the RBA’s rate-setting board

The number of unemployed people per vacancy in the UK was 2.5 in July to September 2025.

UK unemployment at its highest since pandemic as jobs market cools

The jobless rate climbed to 5 per cent in the three months through September, up from 4.8 per cent the month before