Hiring in the US drops to pandemic lows as job market under Trump stagnates
Labour market stagnation mirrors a slowing private payroll growth, averaging just 18,000 monthly in recent months

Labour market stagnation mirrors a slowing private payroll growth, averaging just 18,000 monthly in recent months





![A man walks on a street as Cuba's national electric grid collapsed for the second time in a week amid the US-imposed oil blockade, according to officials, as the communist government struggles to keep the lights on for about 10 million people with decrepit infrastructure, in Havana, Cuba on March 21, 2026. [Norlys Perez/Reuters]](/wp-content/uploads/2026/03/image-1774896935.jpg?resize=770%2C513&quality=80)

![A worker collects engine oil as he works at a degassing station in the Zubair oilfield near Basra, Iraq, on March 28, 2026 [Leo Correa/AP]](/wp-content/uploads/2026/03/AP26087465268697-1774828127.jpg?resize=770%2C513&quality=80)

Global energy crisis continues to widen amid market volatility, while so-called ‘TACO traders’ attempt to capitalise.
Rubio reiterated President Donald Trump’s call for other countries to participate in securing the Strait of Hormuz.

Europe is bracing for a supply crunch and a price shock as the Iran conflict drags on.
Norway, as well as other NATO countries, has been under pressure from the US to boost defence spending.
Iran-allied Houthis yet to get involved in conflict, but could target shipping in Red Sea.
India, the world’s third biggest crude importer, announces measures amid shortages created by the Iran war.
Discarded, near-end-of-life electronics shipped from developed countries are adding to Nigeria’s growing e-waste burden.
It is the single point of failure of globalised production.
For many Sri Lankans, the fuel shortage triggered by the war carries echoes of the 2022 economic crisis – with a twist.
Announcement is the latest example of Trump literally stamping his name on US institutions.