UK unemployment nears three-year high, wage growth firm as election looms

UK unemployment nears three-year high, wage growth firm as election looms - U.K. unemployment unexpectedly nudged higher between February and April to its highest level since September 2021. - Wage growth excluding bonuses held at 6%, presenting a "lingering concern" from the Bank of England as it considered when to reduce interest rates, economists said. LONDON — U.K. unemployment unexpectedly rose to its highest level in two and a half years, data showed Tuesday, amid a heated general election campaign …