UK Jobless Rate Rose in Three Months to June, But Wages Kept Increasing Too

UK Jobless Rate Rose in Three Months to June, But Wages Kept Increasing Too

The U.K.’s jobless rate climbed a little more than expected in the three months to June, but didn’t prevent a further uptick in pay growth.

The unemployment rate stood at 4.2% in the period, according to data from the Office for National Statistics published Tuesday. This was slightly higher than forecast by a Wall Street Journal poll of economists, who predicted a 4.0% rate.

Average…

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