UK Budget Statement, Unemployment Rate Highlights an Economy in Distress

The more troubling news came from the UK’s labor report and the delivery of the UK’s annual budget statement. Indeed, the UK’s ILO unemployment rate hit a nearly 12-year high of 6.7 percent in February from 6.5 percent, while jobless claims rose by 73,700 in March, marking the 13th straight increase.

LEER MAS