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Economy Apr 01, 2026

US Job Openings Plunge to Six-Year Low as Hiring Slumps Amid Trump-Era Trade Tensions and Rising Energy Costs

US job openings fell to their lowest level in six years, with hiring hitting the weakest point sinc…
The Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS) shows that job openings dropped by 358,000 to 6.882 million in February, the smallest tally since 2020 and well below the forecast of 6.918 million. February’s hiring figures also slipped, with 4.8 million workers hired—the lowest monthly total since March 2020. The quit rate fell to 1.9%, equating to roughly three million workers leaving their jobs, indicating growing reluctance to switch employers. Consumer confidence is eroding in tandem. A University of Michigan survey released in March recorded a 6% year‑over‑year decline and a 5.8% drop from the previous month, pushing sentiment to its weakest point since December. Economist Heather Boushey of the University of Pennsylvania linked the sentiment dip to President Donald Trump’s second‑term policies, noting that “people are getting super frustrated with Trump’s economy.” Senior fellow Michele Evermore of the National Academy of Social Insurance warned that the modest decline in quits “indicates that workers continue to have a pessimistic view of their chances on the open market,” and urged state governments to bolster unemployment systems as a counter‑cyclical buffer. Policy uncertainty is a key driver. Since his re‑election, Trump has pursued aggressive tariffs, some of which were recently blocked by the Supreme Court’s decision that the International Emergency Economic Powers Act cannot be used for that purpose, leaving the tariff regime in flux. Compounding the trade dispute, the U.S. involvement in the February 28 attack on Iran sparked a regional war. Iran’s retaliation—shutting the Strait of Hormuz—has tightened global oil supplies, pushing U.S. gasoline prices to $4.018 per gallon, up more than a dollar from the previous month. Federal Reserve Chair Jerome Powell cautioned that the economy faces a “zero‑employment‑growth equilibrium” with downside risks, while the central bank has so far kept interest rates steady and will announce its next policy decision in late April. Private, non‑farm payroll growth has also slowed, averaging just 18,000 jobs per month over the three months ending February, underscoring the tepid demand for new labor. Despite the labor market gloom, equity markets rallied during midday trading on Tuesday, with the Dow Jones Industrial Average up 1.9%, the Nasdaq climbing 3.4%, and the S&P; 500 gaining 2.3%.
#US Labor Market #Trump Administration #Trade Policy
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Technology Mar 31, 2026

Australia Investigates Meta, TikTok, and Google for Alleged Non-Compliance with Social Media Ban

The Australian government has launched an investigation into Meta, TikTok, and Google for allegedly…
The Australian government has accused major tech firms, including Meta, TikTok, and Google, of failing to comply with a landmark ban on under-16s using social media. The ban, which came into effect last December, aims to protect children from the potential harms of social media.A survey of 900 Australian parents found that around a third (31%) said their children still had one or more social media accounts after the ban, compared to 49% before the laws. Specifically, the survey revealed that 70% of under-16s who had accounts on Instagram, Snapchat, and TikTok before the ban maintained access.The eSafety Commission claimed that the technology being used by these companies, such as facial age estimation, was not effective enough. The commission alleged that the firms had lax guardrails which allowed teens to repeatedly attempt age verification until they were successful. 'None of this is impossible. None of this is even difficult for big tech who are innovative billion-dollar companies. What this update shows is unacceptable,' said Australia's communications minister, Anika Wells.The social media minimum age laws specify that Facebook, Instagram, Snapchat, Threads, TikTok, Twitch, X, YouTube, Kick, and Reddit are 'age-restricted platforms', banning under-16s from holding accounts and requiring those companies to take reasonable steps to prevent children from opening or holding accounts. The laws carry a maximum A$49.5m (US$33.9m, £25.7m) penalty.In response, Meta said it was committed to complying with the social media ban and working with eSafety and the government. The company highlighted the challenge of accurately determining age online, particularly at the age-16 boundary. 'The most effective, privacy-protective and consistent approach is to require robust age verification and parental approval at the app store and operating system level before a teen can download an app or create an account,' Meta stated.TikTok and Google were contacted for comment but did not respond by publication time. The government said in January that more than 4.7m social media accounts were deactivated, removed, or restricted in the first days after the ban came into effect.
#meta #tiktok #google
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Sport Mar 30, 2026

Cheltenham Cancels Remainder of Racing Season to Address Drainage Issues

Cheltenham has canceled its remaining racing fixtures for the season to undertake major drainage wo…
Cheltenham, the home of National Hunt racing, has made the unprecedented decision to cancel its three remaining meetings this season to address significant drainage problems on its home straight. The move impacts a combined total of nearly 25,000 spectators who were expected to attend the April and May fixtures.The issues came to light in January when a hole appeared in the home straight during the Trials meeting, delaying a race by 29 minutes. Subsequent assessments, including ground-penetrating radar surveys, led to the decision to undertake major drainage works over the summer.Jon Pullin, clerk of the course, emphasized that while drainage improvements are typically carried out at the end of each season, the scale of this project and Cheltenham's particularly dry summers necessitated bringing the work forward. The focus of the repairs is where the hole was discovered, which has caused challenges in other track areas.The next card at Cheltenham will be the first afternoon of the two-day Showcase fixture on October 23. Four races from the April meeting will be relocated to Market Rasen, Warwick, and Sandown, with the hunter-chase fixture on May 1 being staged at Warwick on the same evening.Guy Lavender, Cheltenham's chief executive, stated that the decision was made with careful consideration, highlighting the importance of giving the racing surface time to recover and allowing the grounds team to prepare for the next season.
#cheltenham #season #festival
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Business Mar 30, 2026

UK Retailers Warn Guaranteed Hours Reforms Could Put Thousands of Jobs at Risk

The British Retail Consortium warns that over half of retail jobs could be affected by reforms to g…
The UK's retail industry is bracing for the impact of reforms to guaranteed working hours, which could affect over half of retail jobs. The British Retail Consortium (BRC) has warned that the changes, set to take effect from April, may make it harder for shops to employ people, particularly young workers, in part-time roles. The Employment Rights Act will introduce new protections for workers on sick pay, sexual harassment, parental leave, and trade union recognition. Additionally, the act will provide rights to guaranteed hours for those on zero or 'low hours' contracts, flexible working, payment for short-notice cancellation of shifts, and barring fire-and-rehire practices in most circumstances. The BRC, representing major UK retailers, suggests that guaranteed hours protections should only apply to contracts of eight hours a week or fewer, and the reference period to be at least 26 weeks – or ideally a full year. This, they argue, would better reflect seasonal working patterns and ensure reforms address genuine problems without undermining jobs. Helen Dickinson, the chief executive of the BRC, emphasized that flexible retail jobs are vital for millions of people, providing opportunities for students, parents, and those managing health conditions. She warned that if reforms treat flexibility as a problem rather than something workers actively choose, the risk is fewer opportunities and reduced access to work. The BRC noted that 55% of retail roles are part-time, significantly above the UK average of 33%. A survey of 2,000 adults by Opinium for the BRC found that 52% of UK adults think the ability to flex working hours around their lives is important. However, the shop workers' union Usdaw and the TUC have expressed support for the reforms, arguing that they will deliver benefits to those in insecure employment, particularly women and disabled workers, and provide greater job security and predictability for working people.
#British Retail Consortium #UK government #guaranteed hours reforms
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Sports Mar 30, 2026

Overwhelming Majority of Football Fans Believe Game is Better Without VAR

A recent survey by the Football Supporters' Association found that 91% of football fans believe the…
A recent survey conducted by the Football Supporters' Association has revealed that 91% of football fans believe the game is better off without Video Assistant Referees (VAR). The survey, which polled over 7,000 fans, found that the vast majority of respondents are dissatisfied with the VAR system, which has been in use for over eight years.The survey results show that only 2% of fans agree that VAR makes football more enjoyable, while 3% said it improves the experience of attending a match. In contrast, 81% of fans prefer watching matches without video technology. The survey also found that 96% of fans disagree with the statement that VAR decisions are generally resolved in a reasonable amount of time.While some fans approve of the introduction of in-stadium communication from referees to explain VAR decisions, other extensions of the VAR protocol were largely unpopular. For example, only 21% of fans agreed that VAR should adjudicate on whether corner kicks are awarded, a system set to be trialled at this summer's World Cup.The survey results may not necessarily influence the game's decision-makers, as competition organisers and big clubs are committed to the use of VAR. However, the International Football Association Board (Ifab) has announced a two-year review into the system's performance, which may lead to changes in how VAR is used.
#var #football #more
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Tech Mar 29, 2026

Meta's Blame-Shifting Strategy Backfires in Landmark Social Media Addiction Trial

Meta's defense strategy in a landmark social media addiction trial, which blamed the plaintiff's me…
Meta's attempt to shift the blame for a young user's mental health issues away from its platforms and onto her family and offline social problems has backfired in a landmark social media addiction trial. The company, parent of Facebook and Instagram, employed a aggressive defense strategy that included highlighting the plaintiff's complaints about her mother in her teenage text messages and personal writings.The jurors, however, were not convinced by Meta's arguments and decided 10-2 in favor of the plaintiffs, awarding $4.2m in damages from Meta and $1.8m from co-defendant YouTube. This verdict could set a precedent for thousands of similar trials already in the works against social media companies.Meta's defense strategy drew backlash from parental advocates, who argued that the company was attempting to shift the blame away from its own design choices and onto parents and users. "For the biggest tech executives, I want to say something: stop blaming the parents. It's on you," said Julianna Arnold, a co-founder of advocacy group Parents Rise!.The trial's outcome reflects a growing distrust of social media companies and their impact on society. A Pew Research Survey found that around 64% of US adults believe that social media platforms have a negative impact on the country, and around two-thirds of Americans have a negative view of Meta CEO Mark Zuckerberg.The verdict has been celebrated by advocates for reining in big tech, who see it as a significant step towards holding social media companies accountable for their role in shaping societal harms. "This trial was proof that if you put CEOs like Mark Zuckerberg on the stand before a judge and jury of their peers, the tech industry's wanton disregard for people will be on full display," said Sacha Haworth, executive director of The Tech Oversight Project.
#Meta Platforms #YouTube #Facebook
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World Economy Mar 29, 2026

UK Hospitality Sector on Brink of Collapse as Costs Surge

One in five UK hospitality businesses fear collapse in the next 12 months due to surging costs, inc…
The UK hospitality sector is facing a crisis in confidence, with one in five businesses fearing collapse in the next 12 months. The impending cost crunch has left the sector warning of multiple business failures unless the burden is 'dramatically reduced'.From Wednesday, many pub, restaurant, and hotel companies will face a higher bill for business rates paid to their local authority, while an increase in minimum wage thresholds takes effect on the same day. The survey respondents, who operate more than 20,000 venues, cited increased employment costs as their top worry, followed by business rates and inflation in the cost of food and drink.UKHospitality estimates that the increase in the national living wage and national minimum wage will result in an extra £1.4bn in costs for the sector. The organisation also expects most of its members to pay more in business rates, with the average hotel in England facing a 30% increase worth £28,900, and the average restaurant facing a 15% increase worth £1,800.The sector is calling for the government to dramatically reduce the cost burden, warning that too many businesses are simply not making any money, and that the only result is lost jobs and business closures. 'Hospitality can be a driving force of growth and jobs, but only if its costs of doing business are dramatically reduced,' said UKHospitality in a joint statement with industry bodies.
#business #more #costs
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Technology Mar 28, 2026

Fraudulent Church Data Exposes AI's Growing Threat to Polling Accuracy

The withdrawal of a fraudulent YouGov survey claiming rising church attendance in Britain has expos…
Recent headlines suggesting a Christian revival in Britain, based on a YouGov survey claiming increasing church attendance, have been dramatically undermined by the revelation that the data was fraudulent and subsequently withdrawn. This incident has sparked serious concerns about the integrity of polling data in an era of advancing artificial intelligence.The Bible Society's 2024 report, which claimed church attendance was rising particularly among young people, has become a case study in how AI-generated bogus responses are infesting online surveys. Researchers warn that this vulnerability extends beyond religious statistics to potentially distort our understanding of broader social trends.David Voas, a quantitative social scientist at University College London, emphasized the difficulty of correcting such misinformation once it spreads. "The amount of effort required to correct it is an order of magnitude higher than the effort needed to disseminate it in the first place," he stated, noting that this problem affects polling companies beyond just YouGov.The growth of AI has exacerbated this issue, according to Sean Westwood, an associate professor at Dartmouth College. "The assumption with survey research – that someone gives coherent, logical answers, they're a real person – that assumption is now broken," he explained. Westwood warned that AI models pose an existential threat to our understanding of society.Westwood detailed how AI can be weaponized: "A single sentence of instruction is enough to systematically bias its answers on political polls or geopolitical questions, while keeping its demographic profile intact so the manipulation is invisible to standard screening." Even without explicit instructions to cheat, AI can identify what a researcher is testing and produce data that confirms the hypothesis.The problem is particularly acute with surveys targeting younger demographics. Courtney Kennedy, vice-president of methods and innovation at Pew Research Center, noted that "bogus respondents tend to respond in the affirmative, no matter what is asked" – a positivity bias that inflates estimates. Younger respondents are also more likely to be misrepresented by fraudulent participants.As AI technology rapidly evolves, researchers face a constant challenge. "A researcher might design a clever new trap that catches today's models, but model development moves so fast that the fix is likely obsolete within months," Westwood cautioned.In response, YouGov has implemented detection methods including identity checks, device fingerprinting, and real-time threat scoring. However, the incident serves as a stark reminder of the vulnerabilities in modern polling systems as AI continues to advance.
#yougov #survey #data
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Tv And Radio Mar 27, 2026

Keir Starmer's Crisis: A Leadership Conundrum

The article reviews a documentary titled 'Keir Starmer: Where Did It All Go Wrong?' which examines …
The documentary 'Keir Starmer: Where Did It All Go Wrong?' presents a critical analysis of Prime Minister Keir Starmer's leadership, highlighting his historically low approval ratings and the public's perception of him as 'incompetent', 'useless', and 'weak'. The program, presented by political broadcaster Lewis Goodall, explores the reasons behind Starmer's unpopularity, including his lack of clear political strategy and vision.According to the documentary, Starmer's promise of change was a key factor in his election campaign, but little has changed for ordinary citizens. A survey conducted for the program revealed that a majority of respondents believe Starmer should resign, citing his slow pace of change and lack of a clear plan. The documentary also examines Starmer's shift to the right during his leadership campaign, which may have opened up space for the Greens to attract progressive voters.The program features interviews with various politicians, including Alan Johnson and Bridget Phillipson, who defend Starmer, while John McDonnell and Kim Johnson offer a more critical perspective. The documentary concludes by questioning whether Starmer can find the qualities needed to turn his leadership around and restore public trust.However, the article suggests that the documentary may be avoiding a deeper analysis of Starmer's ideology and the potential reasons behind his actions, including the possibility that he may be intentionally maintaining the status quo. The article also notes that Starmer's dealings with Donald Trump and his stance on Iran have been presented as positive aspects of his leadership.
#starmer #goodall #his
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