The ONS said said the rate of UK unemployment rose to 4.3 in the three months to March, up from 4.2 in the previous three months.
Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market, according to official figures.
The figures also showed regular average earnings growth remaining unchanged at 6% in the three months to March. The Bank is watching wages closely as it looks to bring CPI back to its 2% target, and cooling earnings growth is seen as being key to paving the way for it to begin cutting interest rates.Liz McKeown, ONS director of economic statistics, said: “We continue to see tentative signs that the jobs market is cooling, with both employment from our household survey and the number of workers on payroll showing falls in the latest periods.
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