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Rachel Reeves · United KingdomThe UK's unemployment rate has risen further, in a surprise deterioration that boosts the case for a Bank of England interest rate cut. The Office for National Statistics (ONS) reported a rise in the jobless rate from 4.6% to 4.7% in the three months to May.See the Story
Unemployment rate rises to highest level since the pandemic as jobs market cools
39% Right coverage: 18 sources