British unemployment just did something it hasn't done in 7 months

Unemployment in the UK just did something it hasn’t done in a long time — went up.

According to the latest figures from the Office for National Statistics, unemployment in the UK grew by 21,000 between December 2015 and February this year. The total number of unemployed people was 1.7 million, marking the first increase in seven months.

More to come…

NOW WATCH: Broadway’s biggest hit ‘Hamilton’ is making over $2 million a month — here’s why the producer thinks it could be making a lot more

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at