UK job market's showing cracks. Unemployment just hit 5.0%—haven't seen numbers this rough since February 2021. That's a 150 basis point jump from the August 2022 low. Not exactly the economic backdrop risk assets were hoping for. Worth watching how this plays into central bank moves and broader market sentiment.
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WhaleMistaker
· 12-05 15:59
The UK unemployment rate has surged again, and 5.0% is quite a painful number...
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MetaverseLandlord
· 12-05 15:59
The UK unemployment rate is 5.0%. Well, that's it—risk assets are going to be disappointed.
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SmartContractWorker
· 12-05 15:58
The UK unemployment rate is 5%. Now this is getting interesting—risk assets will be hit hard. The central bank has to take action, otherwise the market probably won't be able to withstand this wave.
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HappyMinerUncle
· 12-05 15:41
The UK unemployment rate has risen again, and this time it's really a bit scary.
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DegenWhisperer
· 12-05 15:38
UK unemployment rate 5.0%? It should have rebounded long ago, it's just late.
UK job market's showing cracks. Unemployment just hit 5.0%—haven't seen numbers this rough since February 2021. That's a 150 basis point jump from the August 2022 low. Not exactly the economic backdrop risk assets were hoping for. Worth watching how this plays into central bank moves and broader market sentiment.