HomeBusinessUK Unemployment Don Climb Reach 5.2% As Economy Dey Struggle

UK Unemployment Don Climb Reach 5.2% As Economy Dey Struggle

Wetin dey play for UK na serious matter o! Unemployment don waka go 5.2%, na im highest for nearly five years, as we dey enter 2026.

According to the Office for National Statistics (ONS), dis rise no be small matter. E begin from 5.1% wey we see for November 2025. E mean say dem no dey hire people like before, and many pipo dey feel am.

Wage growth dey fall, and e don reach lowest point for almost four years. Businesses dey complain say dem no fit carry new people because cost don too much. E don happen since Chancellor Rachel Reeves increase national insurance and minimum wage for di recent budget.

Dem wahala no just end there, as shadow work and pensions secretary Helen Whately talk say young pipo dey suffer pass. Dem say entry-level jobs don scarce as Labour tax dey push employers to dey hold back from hiring. E mean say school leavers and graduates no dey fit enter job market like before.

Lucy Gabb wey graduate from Cambridge with French degree, dey hustle for job but na café she dey work now while she dey apply for other better roles. She don apply pass 50 jobs, but na only one interview she don get. Dis one she talk say dey dey vex her and her friends because dem all dey complain about di same wahala.

ONS talk say dis current figures reflect weak hiring, but more people wey dey out of work dey look for jobs now. Dem dey see vacancy numbers stable, but unemployment don rise, so di pressure don dey increase. Paul Dales, chief UK economist, don predict say Bank of England fit cut interest rates soon based on di palava wey dey happen for economy.

Di wages wey dem dey pay don rise by 4.2%, but if you check well, public workers dey collect 7.2% growth while private sector na only 3.4%. After inflation, di money wey people go carry home dey become smaller.

So, as di job market dey shake, di future fit look bright if Bank of England fit find way to cool down di inflation wey dey threaten dem. Dem dey estimate say unemployment fit even reach 5.3% before di year go end. E no go better if dis trend no change, as hiring managers dey complain say uncertainty dey make everything hard.

Na wetin dey happen for UK, and e no good for anybody wey dey look for job. As we dey watch di situation, we go keep you updated on wetin dey happen next.


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