The UK’s cost of living problem entered its fourth month in February, despite a rise in earnings and a drop in unemployment to a record low of 3.8 percent. There was a 6.2 percent increase in the Consumer Prices Index, but the Office for National Statistics found that average earnings growth of 5.4% – including … Read more
LONDON: Britain’s unemployment rate has fallen below four percent to reach its pre-pandemic level, official data showed Tuesday. The UK unemployment rate dropped to 3.9 percent in the three months to the end of January from 4.1 percent in the final quarter of last year, “returning to pre-coronavirus pandemic levels”, the Office for National Statistics … Read more
LONDON: Unemployment in Britain has fallen again, despite the end of a government scheme to keep millions of private-sector workers in their roles during the coronavirus pandemic, official data showed on Tuesday. The jobless rate, which measures the number of people out of work as a proportion of the working population as a whole, slipped to … Read more
LONDON: Britain’s unemployment rate eased as the economy reopened, but vacancies hit another record peak before the end of the government’s furlough jobs support scheme, data showed Tuesday. The unemployment rate — or proportion of the workforce that is unemployed — dropped to 4.5 per cent in the three months to August, the Office for … Read more
