UK unemployment has reached levels not seen since 1974, but the pound is unfazed
The unemployment rate in the United Kingdom fell to 3.5% in the three months to August 2022, a new low since 1974 and lower than the previous period’s 3.6% and market forecasts of 3.6%. The rate of economic inactivity increased by 0.6 percentage point or 252K to 21.7%, the highest since records began in 1971, owing to people being sick… Read More »UK unemployment has reached levels not seen since 1974, but the pound is unfazed