Published 17 days ago

Unemployment jumps as UK jobs market stalls

The jobless rate in the UK rose from 3.9% to 4.2% in the three months leading to February, as reported by the ONS.
HM Revenue & Customs data shows a decrease of 67,000 workers on payrolls in March, marking the largest drop since the pandemic's height in 2020.
Vacancies decreased for the 21st consecutive time, down by 13,000 to 916,000 in the first quarter of 2024 according to the ONS.

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BBC News

Unemployment jumps as UK jobs market stalls

The jobless rate rose by 4.2% between December and February, official figures show.

17 days ago·United Kingdom

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The Guardian

UK unemployment rate jumps to 4.2% as labour market cools; China’s growth beats forecasts – business live

Rolling coverage of the latest economic and financial news, including the latest Chinese GDP report and UK unemployment dataThe London stock market has made a bad start to the morning.The FTSE 100 index of blue-chip shares has dropped by around 1.35%, or 105 points, to 7860 – its lowest level since 21 March.“We’ve seen long term sickness related inactivity rise since the pandemic, that’s why we introduced our £2.5bn Back to Work Plan to transfor…

17 days ago·London, United Kingdom

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Liverpool Echo

UK unemployment rate jumps in latest sign of cooling jobs market

The jobless rate jumped to 4.2% in the three months to February - the highest level for nearly six months

17 days ago·Liverpool, United Kingdom

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Shropshire Star

Unemployment rate jumps by more than expected in cooling jobs market

The Office for National Statistics (ONS) said the jobless rate in Britain jumped to 4.2 per cent in the three months to February – the highest level for nearly six months and up from 3.9 per cent in the three months to January. Most economists had been expecting the rate to only edge up slightly to 4 per cent in the quarter.

17 days ago·Ketley, United Kingdom

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Evening Standard

UK unemployment rate jumps by more than expected amid cooling jobs market

The ONS said the jobless rate jumped to 4.2% in the three months to February, up from 3.9% in the three months to January.

17 days ago·London, United Kingdom

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Sky News UK

Real earnings growth 'at its highest rate in nearly two and a half years'

A weaker than expected easing in the pace of pay rises means real earnings growth, when inflation is taken into account, is at its highest rate in almost two and a half years, according to the latest official figures.

17 days ago·United Kingdom

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