UK unemployment hits two-year high – data ...News

Economy by : (Russia Today) -
The nation continues grappling with high inflation and the cost-of-living crisis The unemployment rate in Britain has reached its highest level in nearly two years, the Office for National Statistics (ONS) reported on Tuesday, adding that the spike was mainly driven by an increase in the number of people unemployed for up to six months.  According to the ONS, the number out of work increased to 4.2% compared to 4% recorded in the three months to the end of May, as the amount of job vacancies dropped by 66,000 to 1.02 million.  Meanwhile, wages have risen, with private-sector wage growth increasing to 8.2%, more th

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