The unemployment rate in the UK has risen dramatically

The unemployment rate in the UK has risen dramatically

LONDON: Britain’s unemployment rate rose unexpectedly to its highest level since the summer of 2021 as the job market continued to weaken, even as wage growth remained strong, the German Press Agency (dpa) reported.

The Office for National Statistics (ONS) said the UK unemployment rate rose to 4.4 per cent in the three months to April, up from 4.3 per cent in the three months to March.

The latest increase defied expectations that the jobless rate would remain unchanged and saw it reach its highest level since July to September 2021.

Job vacancies also fell sharply again, down by 12,000 to 904,000 in the three months to May, marking the 23rd straight fall.

However, figures showed normal income growth remained unchanged at six per cent in the three months to April and continued to outpace price rises – up 2.9 per cent when taking into account

Consumer Price Index (CPI) inflation, which was the highest since the three months to August 2021.

Job vacancies also fell sharply again, down by 12,000 to 904,000 in the three months to May, marking the 23rd straight fall.

However, figures showed normal income growth remained unchanged at six per cent in the three months to April and continued to outpace price rises – up 2.9 per cent when taking into account

Consumer Price Index (CPI) inflation, which was the highest since the three months to August 2021.

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