UK wage growth slows and unemployment rate rises as companies react to Iran war – business live

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UK wage growth slows and unemployment rate rises as companies react to Iran war – business live - short news

Jobless rate unexpectedly rises to 5% with businesses squeezed by war in Middle East

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Unemployment in the UK has unexpectedly increased to a rate of 5%, while wage growth slowed, with businesses squeezed by the war in the Middle East.

The latest labour market data suggest the UK jobs market is starting to feel the repercussions of higher energy prices, geopolitical..

source: The Guardian - 19.05.2026

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