Job figures show signs of labour market weakening

Published

14 minutes ago

Unemployment rose marginally in the three months to August, suggesting businesses are feeling the impact of rising prices and high interest rates.

Official figures said the unemployment rate edged up to 4.2% between June and August from 4% between March and May.

It suggests the jobs market has weakened, with UK economic growth proving sluggish.

The current economic picture has fuelled expectations that interest rates will be left unchanged.

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