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UK Unemployment Rate Near 5 Year-High

The UK unemployment rate rose to a near five-year high in the fourth quarter as the coronavirus pandemic continued to weigh on the labor market amid the ongoing tight restrictions. At 5.1 percent, the jobless rate was the highest since 2016, data from the Office for National Statistics revealed Tuesday. The rate was 0.4 percentage points higher than the previous quarter and matched economists’ ex
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