America’s hiring slows; G7 to release oil reserves, and more

美国招聘放缓;七国集团将释放石油储备,等等。

The World in Brief from The Economist

2026-10-03

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  • This is The World in Brief from The Economist.

  • Our top stories.

  • Leaders of the G7 Club of Big Rich Democracies agreed to release

  • 100 million barrels of crude oil and diesel to combat the global supply shortage.

  • The move follows Donald Trump's threat to restrict American diesel exports

  • unless Europe tapped its own reserves after Russia and China suspended theirs.

  • Record-breaking diesel prices have damaged Mr Trump's popularity in the run-up to the mid-term elections.

  • America's economy added 29,000 jobs in September, well below the 90,000 forecast by economists,

  • and a sharp drop from August's increase of 133,000 jobs.

  • The unemployment rate rose from 4.1% to 4.2%.

  • The figures have probably softened the case for the Federal Reserve to again raise interest rates later this month.

  • Secondary school students led more than 900 protests across France,

  • complaining of teacher shortages and poor classroom conditions.

  • Police arrested 2,000 protesters after schools were set on fire and 65 staff were injured.

  • The government condemned the, quote, urban violence and held an emergency cabinet meeting.

  • Protests spread to Liars in Belgium, leading to school closures across the city.

  • Global bond markets recovered some of their losses after a sharp sell-off on Thursday sent borrowing costs soaring.

  • A small drop in oil prices helped reassure investors.

  • The yield on 10-year American treasuries remained around 5.24%, a level last seen two decades ago.

  • Mr. Trump will reportedly pick Jay Clayton, America's Director of National Intelligence,