In a recent update, it has been reported that the unemployment rate in the country has risen to 7.3%, marking an increase of 1.2% from the previous quarter. This surge in unemployment has resulted in 1.4 million individuals being out of work. Additionally, the stock market experienced a decline of 2.5% yesterday, with the main index dropping to 10,500 points. Experts attribute these negative trends to the ongoing economic challenges facing the nation, including inflation and low consumer confidence. The government has announced plans to address the rising unemployment rate through various job creation initiatives in the coming months.