AI & Jobs Policy: The OpenAI Foundation pledged $250M to study and soften AI-driven job disruption, backing research on job impacts and community support for displaced workers. Youth Unemployment Shock (UK): New UK data shows NEET youth at a record 1.012M (13.5%), with more young people becoming economically inactive; a Milburn review warns the crisis could cost £125B a year and create a “lost generation.” Employer Costs vs Hiring (UK): Alan Milburn says minimum-wage rises are making it harder for employers to hire young people, especially in entry-level sectors. Global Employment Push (China): A Chinese state councilor urged “employment-first” action—supporting entrepreneurship, youth services, and vocational training. Corporate Restructuring (France): Michelin plans voluntary buyouts to cut 1,500 jobs in France over three years amid high energy and tax pressures. Pension Rules (South Africa): South Africa’s pension adjudicator ordered the Municipal Employees Pension Fund to grant access to a two-pot savings withdrawal benefit, stressing funds must follow their registered rules. Workplace AI Compliance (Global): The IBA flags rising AI governance, skills gaps, and wellbeing concerns as AI spreads through hiring and monitoring. Local Hiring Support (Philippines): Iloilo’s Kaya Emergency Employment Program will place 7,500 residents into short-term paid work starting June. Union Drive (US Tech): Wizards at Hasbro faces a union vote as remote staff are pushed back to offices, with workers citing leverage and job risk. Job Loss Risk (UK Retail): Radley is reported to shut all 21 UK stores, putting retail jobs at risk as it shifts online.