General · 16 December 2025
UK unemployment rises to highest since 2021
New data shows UK joblessness at 5.1%, a four-year high. Private sector wage growth slowed to 3.9%. Over 170,000 fewer people are on payrolls compared to last year. Experts suggest recent tax and wage policies may negatively impact employment. Interest rate cuts from the Bank of England are anticipated to boost the struggling economy, filings show.
Reported by Reuters via MarketScreener · How we write briefs