UK unemployment surges

The United Kingdom Office for National Statistics reported yesterday that the nation’s official third-quarter unemployment rate was up 5 percent, slightly higher than analysts expected and the highest rate since 2021. The British economy is suffering from high inflation, high national debt, slow growth and recent increases in employment tax that make hiring more expensive. For the ultimate cause of Britain’s economic vulnerability, request your free copy of The United States and Britain in Prophecy, by Herbert W. Armstrong.