Drop will put pressure on Bank of England to raise interest rates despite peace deal in Iran war
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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This article was originally published by The Guardian and written by Phillip Inman.
Read original article on The Guardian