The Guardian

UK unemployment rate falls to 4.9% and wages grow more than expected


Drop will put pressure on Bank of England to raise interest rates despite peace deal in Iran war

Business live – latest updates

Unemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to raise interest rates despite a peace deal in the Middle East.

The latest figures from the Office for National Statistics (ONS) showed unemployment slipped to 4.9% in the three months to April from 5% in the three months to March.

Continue reading…



Source link : https://www.theguardian.com/business/2026/jun/18/uk-unemployment-rate-falls-wages-interest-rates-iran-war

Author : Phillip Inman

Publish date : 2026-06-18 06:33:00

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian