Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals

A world news story from the U.S., reported by The Guardian World.

World News · the U.S. · October 22, 2026

From The Guardian World

Treasury is revising all the numbers for the mid-year update as economists warn of a difficult six months ahead Get our new political email , free app or daily news podcast Jim Chalmers has revealed December’s mid-year budget update will project weaker growth and higher unemployment, as economists warn of a difficult…

Reported by The Guardian World, October 22, 2026. Read the full story at The Guardian World →

More world news from the U.S.

Global Rush to Fix PHP Security Flaw Leaves Some Websites Offline · NYT World
What is the Turkiye-Libya maritime deal, and why are the EU, Egypt opposed? · Al Jazeera
Are fresh US-Israeli strikes on Iran in the pipeline? · France 24
U.S., Israel may attack Iran post-elections. And, SpaceX and Tesla consider merging · NPR World
France reports first human Shamonda virus case, says no health risk · Al Jazeera
At least four dead after storm brings flooding to southern France · BBC World
Southeast Asia’s toxic haze spurs calls for legal action against polluters · Al Jazeera
Strike on Saudi Airport Kills 2 as U.S. Tells Some Diplomats to Leave · NYT World

All world news →

Open HeyHomees →