UK unemployment rises to 3.6% – Official data

The United Kingdom unemployment rate has edged up to 3.6 per cent but remains close to the lowest level in almost half a century, official data showed Tuesday.

The unemployment rate increased in the three months to the end of September from 3.5 percent in the three months to the end of August, the Office for National Statistics said in a statement.

At 3.6 per cent, it was around the lowest level since 1974.At the same time, sky-high inflation continues to squeeze wages, resulting in mass strike action across Britain.

The UK annual inflation stands at more than 10 per cent, the highest level in four decades, and is forecast to keep rising along with unemployment as energy bills and food prices soar.


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