UK unemployment rate falls to 4.9% and wages grow more than expected
Key takeaways
- Fears have grown that employers will lay off staff to cope with rising costs from the war in Iran.
- Prefer the Guardian on GoogleUnemployment 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.
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Fears have grown that employers will lay off staff to cope with rising costs from the war in Iran. Photograph: Bloomberg/Getty View image in fullscreen Fears have grown that employers will lay off staff to cope with rising costs from the war in Iran. Photograph: Bloomberg/Getty UK unemployment and employment statistics 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
Prefer the Guardian on GoogleUnemployment 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.