The British unemployment rate has unexpectedly risen to its highest rate since the summer of 2021 as the jobs market weakens further, although wage growth remains resilient, according to official figures. The Office for National Statistics (ONS) said the rate of U.K. unemployment lifted to 4.4% in the three months to April, up from 4.3%...
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UK unemployment rises more than expected as job market cools
The unemployment rate in Britain has risen by more than expected and wage growth has eased back once again in the latest sign that economic uncertainty is affecting the U.K. jobs market, although leaving the door open for an interest rate cut according to analysts. The Office for National Statistics (ONS) said the jobless rate...