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    Home » UK unemployment rate remains stagnant in latest figures
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    UK unemployment rate remains stagnant in latest figures

    LuckyBy LuckyApril 15, 2025No Comments3 Mins Read
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    UK unemployment rate remains stagnant in latest figures

    The office of the National Statistics (ONS) has said that the UK’s unemployment rate remained unchanged in February for three months.

    The new analysis released on Tuesday revealed the unemployment rate for people of 16 years of age and from December 2024 to February 2025 at 4.4 percent.

    It is above the estimates of a year ago, but is largely unchanged in the latest quarter.

    The data also showed that the average weekly salary increased by three months to February 5.9 percent. It was similar to the previous quarter, which was the highest level since April last year.

    Meanwhile, the salary increase including bonus for this period was 5.6 percent, as wages increased inflation by about 3 percent.

    Bank of England officials will consider high levels of wage growth when they vote on whether interest rates have to be reduced

    Bank of England officials will consider high levels of wage growth when they vote on whether interest rates have to be reduced ,Victoria Jones/PA Wire,

    ONS Director of Economic Statistics Liz McCain said: “Regular increment remains strong, it has increased slightly in the latest period.

    “Development in public sector rose as the previous salary fed completely through our headline data, while the payment in the private sector had changed slightly.

    “The latest survey results estimate that unemployment rate is unchanged in the last three months, while the number of employees on separate parole fell slightly in the same period.”

    Bank of England officials will consider high levels of wage growth when they vote in their meeting, 4.5 per cent to reduce interest rates from their current levels.

    Employment Minister Alison McGawn said: “We are determined to re -work for Britain to re -function, which overhale the jobscentrous by overhaling and as part of our plan, to create good jobs, create skills, change skills, transition to net ziro and provide the greatest upgradation for a generation for a generation.

    “This month, local regions are also starting rolling our plans to deal with the root causes of inaction because we go back to health to Britain and go back to work – supported by a part of the investment of £ 125 million.

    “The actual wages continue to increase, and the wages of national living this month are also applying – promoting the payment of people working and improving the standard of living as part of our plan for change.”

    Average weekly salary increased by three months to 5.9 percent for February

    Average weekly salary increased by three months to 5.9 percent for February ,Getty images,

    According to ONS, parole employees fell 21,000 (0.1 percent) in the quarter, but increased 50,000 (0.2 percent) in the year, when observed from December 2024 to February 2025.

    But the initial estimates of the parole employees for March 2025 decreased by 78,000 (0.3 percent).

    Shadow Chancellor Mail Strugging MP said: “Today’s number shows the cost of tax jobs of labor. Unemployment is still again, and the number of people on parole last month fell from 78,000 as the employer was hanging for impact.

    “It is working to those who are paying value for labor mismanagement. Analysis has shown that their working families will spoil £ 3,500, while their employment rights bills will cost £ 5 billion in business. Labor choice means low jobs, low wages and high prices.

    “Only conservatives consider that it is a business that makes jobs and wealth in our economy.”

    Figures Latest rate remains Stagnant unemployment
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