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unemployment: UK unemployment climbs as inflation weighs on economy

UK unemployment rose back to four percent in the three months to the end of May, official data showed Tuesday, as the economy struggles with stubbornly-high inflation. The unemployment rate increased from 3.8 percent in the three months to the end of April, the Office for National Statistics (ONS) said in a statement. ....

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Investors Withdraw $18.8B From Global Equity Funds Due to Rate Hike Fears – 24/7 Wall St.

Investors removed $18.84 billion from global equity funds in the week that ended on June 7, representing the highest weekly net outflows since March 15. ....

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