UK unemployment rate rises to 5.2%, the highest level in nearly five years
The Guardian – World —
Figure from ONS will be closely watched by Bank of England as it makes interest rates decisionBusiness live – latest updatesUnemployment in the UK has risen to 5.2%, the highest level in nearly five years, official figures have revealed.The Office for National Statistics (ONS) said the rate of unemployment was 5.2% in the three months to the end of December, the highest rate since the quarter to January 2021. This was in line with what economists had been expecting and was up from 5.1% in the three months to November. Continue reading...