News Analysis: Britain's job market sliding under rising labor cost, U.S. tariff threat


  • World
  • Monday, 21 Jul 2025

LONDON, July 20 (Xinhua) -- Britain's job market continues to show clear signs of weakening, with unemployment rising and recruitment stagnating amid escalating labor costs and external economic pressures. Experts have warned that uncertainty stemming from U.S. tariffs is further exacerbating the situation.

Data released by the Office for National Statistics (ONS) on Thursday revealed that the country's unemployment rate for people aged 16 and over stood at 4.7 percent during the March-May period of 2025. This marks a notable increase both year-on-year and quarter-on-quarter, pushing the rate to its highest level in nearly four years.

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