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business13h ago

Unemployment hits highest rate in nearly five years

https://news.sky.com/story/unemployment-hits-highest-rate-in-nearly-five-years-13508415https://www.theguardian.com/business/2026/feb/17/uk-unemployment-rate-ons-interest-rateshttps://www.thetimes.com/business/economics/article/wage-growth-unemployment-rate-gwj88w0vr
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Unemployment hits highest rate in nearly five years Open in News.sky.com
Highlights
  • Unemployment rose to 5.2% in December, signaling a softer labor market as wage growth cooled and pay pressures eased.
  • Wages excluding bonuses slowed to 4.2% in the three months to December, suggesting inflation pressures are easing.
  • Markets priced in two Bank of England rate cuts this year, with a 75% chance of a cut next month after the unemployment figures.

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References

UK unemployment rate rises to 5.2%, the highest level in nearly five years

https://www.theguardian.com/business/2026/feb/17/uk-unemployment-rate-ons-interest-ratesTheguardian.com
UK unemployment rate rises to 5.2%, the highest level in nearly five years

UK unemployment rate hits five-year high and wage growth cools

https://www.thetimes.com/business/economics/article/wage-growth-unemployment-rate-gwj88w0vrThetimes.com
UK unemployment rate hits five-year high and wage growth cools

Sterling falls as UK unemployment hits highest rate in five years

https://www.cnbc.com/2026/02/17/european-markets-stoxx-600-ftse-dax-cac-miner-earnings-data.htmlCnbc.com
Sterling falls as UK unemployment hits highest rate in five years

Unemployment rises AGAIN in fresh blow to Labour

https://www.dailymail.co.uk/news/article-15566171/Unemployment-rises-fresh-blow-Labour.htmlDailymail.co.uk
Unemployment rises AGAIN in fresh blow to Labour

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