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World

Why the rising unemployment rate might not be such bad news

13 December 2022

11:51 PM

13 December 2022

11:51 PM

Is unemployment beginning to bite? Or are the workless trying to rejoin the economy? That’s the key question after the unemployment rate rose to 3.7 per cent today.

Figures released by the Office for National Statistics this morning reveal that even though unemployment is up, ‘economic inactivity’ is starting to fall, having previously grown by some 565,000 people since the pandemic and lockdowns.

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