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Speaker 1: Now I might Kevin, guys will us given morning on.

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Speaker 1: So the unemployment's good for the Bank of England because

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Speaker 1: they want to squeeze the economy, so then start cutting

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Speaker 1: the interest rate. It's not good if you're trying to

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Speaker 1: get reelicted. I assume no.

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Speaker 2: And this set of announcements just release show that unemployment

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Speaker 2: has climbed to four point four percent in the three

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Speaker 2: months to April, but that is the highest for two

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Speaker 2: and a half years. The good news for people in

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Speaker 2: their wage packets is that wage growth has continued to

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Speaker 2: remain strong and is outstripping inflation. Regular earnings excluding bonuses

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Speaker 2: rising at six percent a year, unchanged from the previous month,

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Speaker 2: but of course once impact of inflation is stripped out,

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Speaker 2: the pay is increased at an annual rate of two

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Speaker 2: point nine percent. That is the highest for nearly three years.

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Speaker 2: So good news. But of all the figures that have

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Speaker 2: come out, one thing absolutely striking here, Mike. There's been

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Speaker 2: another increase in the so called inactivity rate that are

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Speaker 2: the basically the number of people of working age who

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Speaker 2: are not actively looking for work, and that figure stands

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Speaker 2: at one in five of working age people, the highest

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Speaker 2: level in nearly a decade. Why was since the pandemic.

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Speaker 2: There are a lot of long term sick people, it's

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Speaker 2: being said, other people who want to retire early, and

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Speaker 2: quite like the fact that during COVID they didn't have

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Speaker 2: to go into work as it were. Either way, it's

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Speaker 2: something any government here is going to be very worried

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Speaker 2: about it.

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Speaker 1: It's a problem. And I've watched the video of this painting.

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Speaker 1: Mean that these people turn up gaven with beckpecks and stuff.

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Speaker 1: Doesn't anyone look and go jeez, that guy looks like trouble.

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Speaker 2: Yeah, it quite extraordinary. This took place at a London

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Speaker 2: art gallery. It is the first official portrait of King

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Speaker 2: Charles and of course if you've seen it, it was

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Speaker 2: pretty controversial, lots of vivid red colors and it split

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Speaker 2: the art critics world. But either way, two people have

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Speaker 2: walked into the London Art Gallery and attached posters, one

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Speaker 2: of them over the King's face with a picture of Wallace,

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Speaker 2: the character from Wallace and Grommet animation, and also a

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Speaker 2: speech bubble effectively criticized in the RSPCA, the Raal Society

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Speaker 2: for the Prevention of Cruelty to Animals, which has King

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Speaker 2: Charles as its patron. The protesters are angry with the

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Speaker 2: RSPCA because they say that their Farm Assured status, which

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Speaker 2: is supposed to represent farms that uphold the highest levels

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Speaker 2: of animal husbandry. They're saying, you know, an undercover investigation

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Speaker 2: has shown, quite frankly, that the scheme isn't doing what

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Speaker 2: it's supposed to do and isn't being monitored properly. Well,

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Speaker 2: I pleased to say that the picture was covered in

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Speaker 2: glass and the things that they stuck were onto the glass,

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Speaker 2: so it looks like the painting is all right. But

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Speaker 2: this is the long line mark in the latest attack

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Speaker 2: on artwork to raise a particular issue.

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Speaker 1: Well, it's a pleasure. Mike Kevin Gray out of Britain

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Speaker 1: for US this morning.

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Speaker 2: For more from News Talks, it'd be listen live on

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Speaker 2: air or online and

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