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The Independent UK
The Independent UK
Business
Holly Williams

Unemployment rate climbs unexpectedly and job vacancies plummet to five-year low amid Iran war shock

Office for National Statistics

Britain’s unemployment rate has unexpectedly climbed, while job vacancies have plummeted to their lowest level in five years, as firms are squeezed by the impact of the Iran war.

Official figures from the Office for National Statistics (ONS) reveal that the jobless rate rose to 5 per cent in the three months to March, an increase from 4.9 per cent in the preceding three-month period.

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