The Guardian Australia – Business
·business
·1 hour ago
UK unemployment rate falls to 4.9% and wages grow more than expected
The UK unemployment rate fell to 4.9% in April, down from 5% in March, as average wages growth exceeded expectations. This drop places pressure on the Bank of England to consider raising interest rates amid ongoing economic uncertainties linked to the conflict in the Middle East. Vacancies also declined to their lowest level in over five years.
Summary by OZbrief · The Guardian Australia – Business
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