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UK Job Market Cools Amid Rising Unemployment and Slow Wage Growth

2 days ago

UK Job Market Cools Amid Rising Unemployment and Slow Wage Growth
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10 Highlights

  • UK unemployment rises to 4.3% amid economic slowdown.
  • Rachel Reeves's tax hike impacts employers, raises concerns.
    • National minimum wage increase by 6.7%.
    • Job vacancies drop by 35,000 in recent months.
    • Average earnings growth rate slows to 4.3%.
    • ONS data caution due to labor force survey issues.
    • Payroll figures suggest easing in the labor market.
    • Concern over potential dilemmas for Bank of England.
    • 'Paddington in Peru' dominates UK box office.
    • Premier League player under investigation for rape.
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