labour market

UK Unemployment Forecast to Hit 11-Year High as Economists Warn of Weak Growth

Payroll Declines, Wage Growth Slows Amid Rising Joblessness in UK

Metro /

Unemployment in the UK has remained near a five-year high, while wage growth continued to cool in the months leading up to Chancellor Rachel Reeves’s November budget, official figures show. The Office for National Statistics (ONS) reported on Tuesday that the jobless rate held steady at 5.1 per cent in the three months to November, […]

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UK Unemployment Forecast to Hit 11-Year High as Economists Warn of Weak Growth

UK Unemployment Forecast to Hit 11-Year High as Economists Warn of Weak Growth

News /

UK unemployment is expected to rise to its highest level in more than a decade in 2026, as a sluggish economy struggles to absorb higher employment costs and weak private-sector growth, according to a new survey of leading economists. In The Times’ annual Economists Survey, 48 senior economists warned that the UK economy remains “moribund”

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