UK Job Market Cools While China's Growth Slows Amid Global Uncertainty

UK unemployment rate rises to 4.2% as job market cools and number of payrolled employees falls
China GDP beats forecasts, growing 5.3% year-on-year in Q1 2024, but other economic indicators suggest slowing growth
UK real wage growth hits 2.5-year high as pay growth cools but inflation falls faster
Rise in UK economic inactivity, with record numbers out of work due to long-term sickness, alarms experts
Global growth outlook uncertain due to complex external environment and lack of solid foundation in China