15-07-2015 11:36 via news.yahoo.com

Jobless rate rises for first time in two years, average earnings increase

By William Schomberg and Andy Bruce LONDON (Reuters) - Britain's unemployment rate rose for the first time in more than two years, data showed on Wednesday, but faster growth in earnings means the Bank of England is likely to keep signalling an interest rate hike is approaching. The Office for National Statistics said the unemployment rate edged up to 5.6 percent in the three months to May as the number of people in employment fell by 67,000, primarily because of fewer part-time workers. We
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