The Wall Street Journal

U.K.’s Labor Market Continues to Loosen

Payroll workers declined by 26,000 between May and June

The U.K. unemployment rate rose to 4.7% in the three months to June.
The U.K. unemployment rate rose to 4.7% in the three months to June. Photo: Leon Neal/Getty Images

The U.K.’s jobs market continued to cool in the second quarter as businesses grappled with an increase in employment taxes, uncertainty about the outlook for trade, and cautious consumers.

The unemployment rate rose to 4.7% in the three months to June, from 4.5% in January to March, while the number of workers on payrolls fell by 26,000 between May and June, the Office for National Statistics said Tuesday.

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