Category: Joblessness
-
U.K. Joblessness Rose 50.4K in May, But Wage Growth Picked Up
•
The UK claimant change figure indicated a larger than expected jump in unemployment at 50.4K for May versus the consensus reading of 10.2K and the previous unemployment gain of 8.9K. Meanwhile, the unemployment rate rose from 4.3% to 4.4% instead of stabilizing, reaching its highest level since October 2021. However,…
-
U.K. Joblessness Rose 50.4K in May, But Wage Growth Picked Up
•
The UK claimant change figure indicated a larger than expected jump in unemployment at 50.4K for May versus the consensus reading of 10.2K and the previous unemployment gain of 8.9K. Meanwhile, the unemployment rate rose from 4.3% to 4.4% instead of stabilizing, reaching its highest level since October 2021. However,…