Average weekly earnings in great britain: The jobless rate increased to 4.3% between january and march, the highest since may to july last year, the office for national statistics (ons) said.
Uk unemployment unexpectedly rose to the highest in more than 2 1/2 years, and pay pressures eased, keeping the bank of england on track to cut interest rates later this year. The jobless rate rose to 3.9% in the three months through january, an unexpected increase from 3.8% in the quarter to december, the office for national statistics said tuesday.
Estimates Of Employment, Unemployment, Inactivity, Average Weekly Earnings, Vacancies And Other Labour Market Related Statistics For The Uk.
The united kingdomโs unemployment rate rose to 4.3% from january to march 2024, slightly up from 4.2% in the three months to december 2023, aligning with market expectations.
The Number Of Vacancies Also Slowed Meaning.
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Although Jobless Rate Is Better Than The Uk Average.
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Unemployment Rate For 2021 Was 4.83%, A 0.35% Increase From 2020.
Unemployment rate for 2022 was 3.73%, a 1.1% decline from 2021.