The Guardian Australia – Business
·business
·1 hour ago
UK unemployment falls to 4.9% but job cuts expected to rise
UK unemployment unexpectedly fell to 4.9% in the three months to February, down from 5.2% in January. However, the Bank of England anticipates that rising job cuts due to the ongoing Middle East conflict may increase unemployment, projected to reach 5.8% by 2027. Pay growth also declined to 3.6%, the lowest rate in five years.
Summary by Glance · The Guardian Australia – Business
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