18 jun 2026
UK unemployment rate falls to 4.9% and wages grow more than expected
Drop will put pressure on Bank of England to raise interest rates despite peace deal in Iran war Business live latest updates Unemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to raise interest rates despite a peace deal in the Middle East. The latest figures from the Office for National Statistics (ONS) showed unemployment slipped to 4.9% in the three months to April from 5% in the three months to March.
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