In Great Britain, the unemployment rate rose to 5.2%, the highest level since 2021, particularly affecting young people.

The unemployment rate in Great Britain has risen to 5.2%, the highest level since January 2021, with 1.883 million unemployed. The employment rate was 75%, and the number of job vacancies increased to 726,000.

Young people are the most affected, with an unemployment rate of 16.1%, exceeding the EU average for the first time since 2000. The Bank of England may lower the monetary policy interest rate, considering the weaker economic forecasts.

Also, in Romania, unemployment has risen, reaching 487,000 people in October, with a rate of 26.9% among young people. These data suggest weak economic activity and difficulties in the labor market.