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UK unemployment rate highest for more than two years

June 11, 2024
in Business
Reading Time: 1 min read
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UK unemployment rate highest for more than two years
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The unemployment rate has risen to its highest rate for more than two years, according to the latest government data.

The rate climbed to 4.4% in February to April this year, up from the previous figure of 4.3% and the highest since September 2021.

The Office for National Statistics also said there was another increase in the inactivity rate, with 22.3% of working age people deemed not to be actively looking for work.

Wage growth remained strong, with regular pay rising at an annual pace of 6%.

Credit: Source link

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