The UK jobs market is showing signs of stalling as the number of people out of work rose, according to new figures. The unemployment rate increased to 4.2% between December and February, which is the highest level for six months. Meanwhile, the rate of people with a job dipped and the economically inactive – those not in work or looking for employment – ticked higher. Economists suggested the data could spur the Bank of England to cut interest rates in the summer. “With employment falling sharply and the unemployment rate…
Read MoreUK Unemployment Rate Soars, Jobs Market Stalls
