LONDON: UK unemployment rose back to four percent in the three months to the end of May, official data showed Tuesday, as the economy struggles with stubbornly-high inflation.The unemployment rate increased from 3.8 percent in the three months to the end of April, the Office for National Statistics (ONS) said in a statement.The rate was back at four percent for the first time since the start of 2022. Analysts' consensus had been for unemployment to remain at 3.8 percent.Despite the rise, finance minister Jeremy Hunt said Britain’s “jobs market is strong with unemployment low by historical standards”.The ONS added that pay excluding bonuses had risen at record levels.“Due to high inflation, h
Hence then, the article about uk unemployment climbs as inflation weighs on economy was published today ( ) and is available onDaily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( UK unemployment climbs as inflation weighs on economy )