The UK’s unemployment fee has risen additional, in a shock deterioration that enhances the case for a Bank of England rate of interest lower.
The Office for National Statistics (ONS) reported an increase within the jobless fee from 4.6% to 4.7% within the three months to May.
Labour’s safeguarding minister, Jess Phillips mentioned "There have been hundreds of thousands of new jobs created, and wages have increased in the last 10 months".
Read extra: https://news.sky.com/story/weaker-jobs-market-makes-interest-rate-cut-more-likely-13397766
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