The U.K. unemployment rate rose to the highest in 15 years in the three months through August, adding pressure on the government to loosen its fiscal squeeze as the economy struggles to avoid recession.
The jobless rate increased to 8.1 percent from 7.9 percent in the three months through July, the Office for National Statistics said in London today. The number of unemployed reached 2.57 million, the most since 1994. In September, jobless claims rose for a seventh month. They climbed 17,500, less than the 24,000 forecast in a Bloomberg News survey.