UK unemployment climbs as inflation weighs on economy

11 Jul, 2023

LONDON: UK unemployment rose back to four percent in the three months to the end of May, official data showed Tuesday, as the economy struggles with stubbornly-high inflation.

The unemployment rate increased from 3.8 percent in the three months to the end of April, the Office for National Statistics (ONS) said in a statement.

The rate was back at four percent for the first time since the start of 2022.

UK unemployment dips to 3.8%: official

Analysts’ consensus had been for unemployment to remain at 3.8 percent.

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