UK unemployment is up, but wage rises make early interest rate cut less likely

The number of workers in the manufacturing sector was down from the equivalent month last year. Photograph: Ben Birchall/PA

Private sector employers have cancelled job adverts and shed workers at a steady rate over the last year.

According to the latest labour market data covering the three months to the end of April, the number of workers in the manufacturing sector was down from the same month last year.