The Business Times

Unemployment

International

Australian unemployment rate jumps to four-year high of 4.5%

The shutdown has sent hundreds of thousands of US federal workers home, with spillover effects to contractors, thousands of whom have been furloughed.
International

US weekly jobless claims increased amid government shutdown, economists estimate

Stable wage gains along with steady inflation remain a key condition for the BOJ to stay on its gradual tightening path.
International

Japan’s jobless rate edges up to highest in over a year

On Monday, British finance minister Rachel Reeves will announce that every young person who receives Universal Credit benefit payments for 18 months without “earning or learning” will be guaranteed an offer of paid work, although it was not immediately clear what work this would be.
International

Britain’s Reeves set to guarantee jobs for young unemployed

The SkillsFuture Jobseeker Support Scheme provides temporary financial support of up to S$6,000 over six months to support involuntarily unemployed individuals' job-search efforts.
Singapore

About 60% of 7,200 applications for Jobseeker Support Scheme rejected so far

Federal Reserve officials lowered their benchmark interest rate by a quarter of a percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs, Sep 17, 2025.
Banking & Finance

US Fed lowers interest rate by 25 basis points, signals more cuts ahead

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey
Singapore

Hiring sentiment cools in Singapore; only 37% plan to hire in Q4: ManpowerGroup survey

Job growth has averaged 35,000 jobs per month over the last three months, the US government reported in early August. Domestic demand grew in the second quarter at its slowest pace since the fourth quarter of 2022.
International

Rise in US jobless claims adds to signs of labour market softness

It may well be true that companies contemplating AI adoption should take their time and be more deliberate, but the need to protect workers is arguably an urgent task that should be addressed sooner.
Opinion & Features
THINKING ALOUD

Protecting workers before AI widens digital divide

Since August 2024, the Reserve Bank of New Zealand has cut its cash rate by 225 basis points to support an economy which sank into recession last year.
International

New Zealand labour market remains soft, adds to rate-cut expectation

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