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UK Unemployment Rate Remains But People With Jobs at All Time High

2024-12-21OANDAOANDA
UK unemployment has fallen by 102,000 to 1.86 million in the three months to January, official figures show. The unemployment rate remains at 5.7% but the number of people in work is at an all-time high, the Office for National Statistics (ONS) said. The number of people claiming Jobseeker’s Allowance also fell to 791,200, its […]

UK unemployment has fallen by 102,000 to 1.86 million in the three months to January, official figures show.

The unemployment rate remains at 5.7% but the number of people in work is at an all-time high, the Office for National Statistics (ONS) said.

The number of people claiming Jobseeker’s Allowance also fell to 791,200, its lowest level since 2008.
Average earnings in the three months to January, including bonuses, rose 1.8% compared with a year earlier.

Regular pay, which excludes bonus payments, rose by 1.6%, in the same period compared with a year ago.
It means earnings continue to outstrip consumer price index (CPI) inflation, which official figures showed fell to a record low of 0.3% in January.

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