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The Independent UK
The Independent UK
Holly Williams and Archie Mitchell

Unemployment rate rises to near four-year high as wage growth falters

Wage growth has slowed and unemployment is rising, according to the latest figures from the Office for National Statistics (ONS).

The statistics watchdog said the latest figures showed further signs of a “cooling” labour market, as average regular earnings growth eased to 5.6 per cent in the three months to March, the lowest since November 2024.

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