UK Job Market Shows Signs of Slowing as Unemployment Rises and Growth Remains Sluggish

Unemployment rate rose to 4.2% between June and August, indicating signs of weakening in the UK job market.

Economic growth has been sluggish amid rising prices and interest rates, leading to expectations that rates will be left unchanged in November.

The Bank of England faces tough balancing act between curbing inflation and avoiding recession by setting appropriate interest rates.

Analysts predict no further rate hikes in November given weakening job figures and signs of strained economy.

While not in recession yet, UK faces concerns over weak growth that will be key issue in upcoming elections.