UK Unemployment Hits 5-Year High

0:00On March 19th, UK unemployment is holding steady at its highest level in five years. The rate sits at 5.2% for the three months ending in January, according to the Office for National Statistics. This March's first time has reached this point since the three months to January 2021. Economist point to persistent pressures like slower growth and hiring freezes affecting workers across sectors. More data is coming in as officials dig deeper so the full picture should clarify soon.