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, […]
Payroll Declines, Wage Growth Slows Amid Rising Joblessness in UK Read More »
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”
UK Unemployment Forecast to Hit 11-Year High as Economists Warn of Weak Growth Read More »
Britain’s unemployment rate has climbed to 4.7%, the highest it has been in four years, while workers are also experiencing a continued slowdown in wage growth, according to official data. The Office for National Statistics (ONS) reported that UK unemployment rose by 0.1 percentage points in the three months to May, up from 4.6% in
Unemployment Rate Rises to 4.7% in UK Amid Signs of Labour Market Strain Read More »
