Jobless rate above predicted peak as budget tax hikes kick in | Money News
The UK's jobless rate ticked up to 4.6% in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.The Office for National Statistics (ONS) said the new unemployment rate covering the three months to April was the highest since July 2021. It had previously stood at 4.5% - a total of more than 1.6 million people.At […]