UK jobs market was in a fragile state – even before Iran war threatened recovery
Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workersUK unemployment shows surprise fall to 4.9%Business live – latest updatesDespite a surprise fall in...
By Heather Stewart · The Guardian World
Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers UK unemployment shows surprise fall to 4.9% Business live – latest updates Despite a surprise fall in the unemployment rate , the latest jobs data show the labour market in a fragile state, even before the Iran war threatened to derail the UK’s nascent economic recovery. At 4.9% in the three months to February, the unemployment rate was down from 5.2% in the previous three months, according to the Office for National Statistics. Continue reading...