May 16, 2024
The UK unemployment rate for January to March 2024 (4.3 percent) is above estimates of a year ago (January to March 2023), and increased in the latest quarter.
Annual growth in employees’ average regular earnings (excluding bonuses) in Great Britain was 6.0 percent in January to March 2024, and annual growth in total earnings (including bonuses) was 5.7 percent, according to the latest figures from the ONS.
Annual growth in real terms (adjusted for inflation using the Consumer Prices Index including owner occupiers’ housing costs (CPIH) for regular pay was 2.0 percent in January to March 2024, and for total pay was 1.7 percent.
In February to April 2024, the estimated number of vacancies in the UK decreased by 26,000 on the quarter to 898,000.
Vacancies decreased on the quarter for the 22nd consecutive period but are still above pre-coronavirus (COVID-19) pandemic levels.
Source: Express.uk
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