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20.01.26 - 09:54
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UK Jobless Rate Steady At 5.1%; Wage Growth Slows (AFX)
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LONDON (dpa-AFX) - The UK unemployment rate remained stable and wage growth eased in the three months to November, data from the Office for National Statistics showed Tuesday.The jobless rate was ......
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20.01.26 - 08:48
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UK Jobless Rate Unchanged At 5.1% (AFX)
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LONDON (dpa-AFX) - The UK unemployment rate remained stable in the three months to November, the Office for National Statistics said Tuesday.The jobless rate was estimated at 5.1 percent, unchange......
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20.01.26 - 08:42
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Number of employed people in UK falls again as wage growth slows (The Guardian)
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Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%Business live – latest updatesThe number of employed people in the UK has fallen again, particularly in shops, restaurants and hotels, reflecting weak hiring, while private sector wages grew at the slowest rate in five years, official figures show.Figures from the Office for National Statistics (ONS) showed the number of employees on payrolls fell by 184,000 in December compared with a year earlier, to 30.2 million. Continue reading......
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05.01.26 - 08:06
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Collapse of ′zombie′ UK firms forecast to fuel unemployment in 2026 (The Guardian)
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Businesses being hit by rising cost of interest rates, energy costs and wages, says Resolution FoundationThe UK is poised for a rise in unemployment in 2026 fuelled by the collapse of “zombie” companies that have struggled to adapt to a rise in business costs, according to a report.At the start of what could be a pivotal year for the economy, the Resolution Foundation said businesses were grappling with a “triple whammy” of multiyear increases in interest rates, energy prices and the minimum wage that could “finish off” some underperforming companies. Continue reading......
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16.12.25 - 16:06
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UK unemployment rose to four-year high of 5.1% before budget (The Guardian)
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October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fellYoung people hit hard as UK unemployment marches upwardsBusiness live – latest updatesThe rate of UK unemployment rose to a four-year high of 5.1% in the three months to October, as the labour market showed signs of further weakening before last month's budget.The Office for National Statistics said the jobless rate was the highest since January 2021 – but with the pandemic era stripped out, it was the highest since early 2016. Continue reading......
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16.12.25 - 15:24
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UK Unemployment Rate Rises (AFX)
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LONDON (dpa-AFX) - The UK unemployment rate rose slightly in the three months to October, the Office for National Statistics said on Tuesday.The jobless rate climbed to 5.1 percent in the three mo......
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16.12.25 - 10:06
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Young people hit hard as UK unemployment marches upwards (The Guardian)
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Jobs market slowdown likely to become policy focus and will also have impact on interest rates decisionUK unemployment rose to four-year high of 5.1% before budgetBusiness live – latest updatesWhen Labour came to power, it set a “long-term ambition” of increasing the employment rate – the share of the working age population with a job – to 80%. The latest data suggest things are moving in the wrong direction.The employment rate in the three months to October was 74.9%, according to the Office for National Statistics (ONS), down 0.3 percentage points on the quarter. Continue reading......
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16.12.25 - 08:36
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UK jobs market continues to weaken as unemployment hits four-year high and wage growth slows – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsToday's jobs report also shows the wages in the UK public sector are rising nearly twice as fast as in the private sector.Annual average regular earnings growth was 7.6% for the public sector and 3.9% for the private sector in August to October.“Wage growth slowed further in the private sector, while increasing again in the public sector, reflecting the continued impact of some pay rises being awarded earlier than they were last year.”“The overall picture continues to be of a weakening labour market. The number of employees on payroll has fallen again, reflecting subdued hiring activity, while firms told us there were fewer jobs in the latest period.
“This weakness is also reflected in an increase in the unemployment rate, while vacancies remained broadly flat. The fall in payroll numbers and increase in unemployment has been seen particularly among some younger age groups. Continue reading......
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07.12.25 - 13:48
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Young unemployed to be offered work in construction and hospitality in UK (The Guardian)
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About 350,000 new places to be offered to 'neets' with 'sanctions' levied for those who do not engage, says DWPYoung unemployed people will be offered training or job opportunities in construction, care and hospitality as part of a UK government scheme, but could have their benefits cut if they do not take up offers.Pat McFadden, the work and pensions secretary, announced on Sunday that 350,000 new training or workplace opportunities would be offered to young people on universal credit, but added there would be “sanctions” for claimants who did not engage. Continue reading......
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