The European Commission sent letters of formal notice to 18 EU member states on 28 September for failing to report full transposition of the bloc's energy-sharing rules. Fresh data released the same day showed power and heat costs still splitting the continent unevenly.
Economy28 September 20267 min readSources 9
US employers announced 3,462 job cuts citing AI in August 2026, dropping AI to the fourth most-cited reason for layoffs after five straight months at the top, according to Challenger, Gray & Christmas data reported by Second Talent on 24 September.
Economy28 September 20267 min readSources 5
Wholesale power prices in the largest US market rose 75.5% year on year in the first quarter of 2026, while in Europe 350 Playmobil jobs ended and heat pump sales climbed 17%. Energy prices are now the main variable in industrial decisions on both sides of the Atlantic.
Economy28 September 20266 min readSources 3
Data centre construction is pulling electricians and pipefitters into six-figure roles while recent graduates face a 5.7% unemployment rate, according to figures reported by CNBC on 25 and 26 September.
Economy28 September 20265 min readSources 5
US employers shed 23,000 jobs in July, the Bureau of Labor Statistics said on 7 August, the first monthly contraction since February, while the unemployment rate slipped to 4.1% and labour force participation fell to 61.4%, the lowest reading since February 2021.
Economy28 September 20268 min readSources 4
Australia's national average petrol price jumped by more than 10 cents a litre last week to 237.5c/L, with diesel up more than 13c to 286.7c/L, according to the Australian Institute of Petroleum, as global oil supply disruptions push up costs for industry and households.
Economy28 September 20266 min readSources 7