Category: UK unemployment and employment statistics

With a million young people locked out of work, the UK’s hidden jobs crisis is only growing | John Harris

Held back by Covid and then phased out by AI, Britain’s so-called Neets are desperately seeking a secure future. Who will offer them hope?Another week, another set of sobering economic numbers. Last Thursday, the Office...

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Bank of England opens door to December rate cut as it signals inflation has peaked

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growthAnalysis: Bank of England’s decision to keep interest rates at 4% is not all doom and gloomThe Bank of England has...

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UK labour market shows signs of stabilising after job losses

Unemployment rate rises slightly to 4.8% but ONS says falls in and payroll numbers and vacancies are levelling offBusiness live – latest updatesBritain’s employment market has shown signs of stabilising after a sharp...

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‘Mountain to climb’: how Labour is facing a crisis in youth unemployment

The government is adding an extra year, and an extra £45m, to its scheme in England to help people find work Getting started in the world of work was not easy for Rose Green. Having experienced half a dozen...

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Bank of England forecast to cut interest rates amid rising unemployment and Trump tariffs

City predicts quarter-point drop to 4% when MPC meets on ThursdayBank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards amid rising unemployment and the hit to...

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UK unemployment rises and wage growth slows as jobs market ‘weakens’

ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%.Analysis: the UK jobs market is cooling, not collapsingBusiness live – updatesUnemployment climbed and wage...

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Rise in UK unemployment and slowing wage growth add new pressure for interest rate cut

ONS data shows jobless rate climbing to higher than expected 4.7% with growth in average earnings slowing to 5%.Business live – updatesUnemployment climbed and wage growth fell in the three months to May, according to...

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Staff layoffs in UK gain pace amid Trump tariff turmoil and labour cost increases

Surveys show employer confidence at record low, prompting job cuts and hiring freezeUK rate cut may fail to improve voters’ dim view of the governmentUK employers laid off staff in April at a faster pace than the previous...

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Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%Business live – latest updatesThe number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid...

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Number of payrolled workers in UK falls by 78,000 as pay growth stays high

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%Business live – latest updatesThe number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid...

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Recruitment report reveals rise in UK demand for construction workers

Vacancies increase in building sector after low levels of activity in recent months amid economic uncertaintyVacancies have increased in the construction industry as well as for gardeners, teachers and maintenance workers,...

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