The U.K.’s jobs market continued to cool in May, raising the pressure on the Bank of England to cut its key interest rate next month, despite last month’s unexpected pickup in inflation.Average weekly ...

Crypto prices had recovered but GOP lawmakers were at an impasse on crypto legislation despite President Trump's "crypto week" declaration. Bank Stress Tests Are Getting Easier. This Fed Governor ...

Unemployment rate rises to highest level since the pandemic as jobs market cools - Weaker than expected figures suggest that an interest rate cut is “nailed on” for next month ...

Meanwhile, the U.K.'s unemployment rate held steady at 4.6% in the three months to May, equaling a near-four year high and matching expectations from a consensus of economists, who also saw annual ...

The Office for National Statistics said the rate of UK unemployment increased to 4.7% in the three months to May.

The estimate of employees on the payroll dropped by around 41,000 in June while the unemployment rate grew to 4.7% ...

While rate cut expectations for 7 August have risen due to the weakening labour market, the data intensifies the focus on the chancellor's stewardship of the economy.

Bank Governor Andrew Bailey has warned that “softening” in the labour market could force rate-setters to make deeper cuts ...

British annual wage growth, excluding bonuses, was slightly higher than expected at 5% in the three months to May, official figures showed today while a sharp drop in employee numbers was much less ...

The EUR/GBP cross trades in negative territory around 0.8665 during the early European session on Thursday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the UK employment data.

The UK jobs market weakened further at the start of the summer as employers grappled with a steep rise in taxes, a higher minimum wage and the uncertainty unleashed by the US trade war, official data ...