Unemployment jumps as UK jobs market stalls

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Unemployment jumps as UK jobs market stalls

“With employment falling sharply and the unemployment rate climbing, we suspect wage growth will continue to ease in the coming months,” said Paul Dales, chief UK economist at Capital Economics. “That may allow the Bank to cut interest rates in June.” www.bbc.co.uk

“With employment falling sharply and the unemployment rate climbing, we suspect wage growth will continue to ease in the coming months,” said Paul Dales, chief UK economist at Capital Economics. “That may allow the Bank to cut interest rates in June.”

www.bbc.co.uk

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