unemployment

US economy creates 206,000 jobs, but unemployment rises

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Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. The US labor market showed signs of cooling, with the unemployment rate rising in June and the pace of job growth in recent months slower than previously reported. The U.S. economy added 206,000 jobs last month, … Read more

British unemployment at its highest level in more than two years

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1 day ago By means of Mitchell Labiak, Business reporter • Andy Verity, Economic correspondent Getty Images The unemployment rate has unexpectedly risen to the highest level in two and a half years, official figures show. Interest rates rose to 4.4% in the three months to April, the highest level since September 2021. Despite the … Read more