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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

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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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