Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened

Time to wrap up…. on a day in which unemployment has risen on both sides of the Atlantic….The US labor market grew by more than expected last month, recovering some of the damage inflicted by the federal government shutdown, according to official data.An estimated 105,000 jobs were lost in October, and 64,000 were added in November, a highly-anticipated report showed on Tuesday.Jobs growth was higher in November than anticipated by many economists, with a consensus forecast of some 40,000 jobs added

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data

The US labor market grew by more than expected last month, recovering some of the damage inflicted by the federal government shutdown, according to official data.An estimated 105,000 jobs were lost in October, and 64,000 were added in November, a highly-anticipated report showed on Tuesday.Jobs growth was higher in November than anticipated by many economists, with a consensus forecast of some 40,000 jobs added.But the headline unemployment rate continued to climb – and hit 4.6%, a four-year high, last month – amid apprehension around the strength of the US economy

‘Squeezed from every direction’: pubs voice fury at Reeves’s business rates changes

Emma Harrison has begun to wonder how her business will survive in recent weeks. The managing director of the Three Hills pub in Bartlow, Cambridgeshire, is struggling to see how she will make a profit after examining the impact of her rising tax bill.“I’m really terrified about this coming year,” Harrison says. “We’re a well-run pub, we’ve won lots of awards, but this is going to be really hard.”Harrison is not alone

Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’

City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move inIt’s lunchtime at Dormitory, an independent bedlinen store on Gloucester Road in Brighton, and proprietors Sue Graham and Cathy Marriott are peering across the street at the Brighton Sausage Co. They can tell when shoppers have stayed indoors by the number of sausage rolls left in the window. It’s a Tuesday before Christmas – supposedly the busiest time of the year. But there’s still a big pile remaining.“In 10 years’ time, we’re all going to be going, ‘We need shops

Roomba maker iRobot bought by Chinese supplier after filing for bankruptcy

The US company behind the Roomba robot vacuum cleaner has filed for bankruptcy protection and agreed to be taken over by one of its Chinese suppliers.iRobot, which is best known for debuting the Roomba vacuum cleaner in the early 2000s, will be taken over by a subsidiary of its main supplier, Picea Robotics.The Roomba maker, which is listed in the US, said it had filed for Chapter 11 bankruptcy in Delaware as part of a restructuring agreement with Picea.iRobot’s earnings have come under pressure in recent years, hit by supply chain problems and the rise of cheaper competitors. The company warned earlier this month that it could face bankruptcy

Almost half of people using employment providers threatened with payment suspensions, new data shows

Almost half of all people using employment services received threats to suspend their payments in the last quarter, new data has revealed.The data from the Department of Employment and Workplace Relations (DEWR) showed a 23% increase in the number of payment suspension notices issued by Workforce Australia, with 618,000 issued from 1 July to 30 September 2025, up from from 504,000 in the previous quarter.It comes as advocates call for a pause in suspensions until the government can ensure the target compliance framework (TCF), the automated system that runs mutual obligations and has just been investigated by the commonwealth ombudsman, is working legally.In an October 2025 Senate estimates hearing, Senator Jess Walsh said the government knew Centrelink payment suspensions were causing harm, but defended leaving them on despite questions over whether they were used lawfully.Of the 618,000 payment suspension notices issued just by providers, 290,000 resulted in a temporary pause of payment