
403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
UK Posts 4.8 Percent Rise in Jobless Rate
(MENAFN) The UK's unemployment rate climbed to 4.8% during the June to August period, according to the latest data released by the Office for National Statistics (ONS) on Tuesday.
This marks an increase from 4.7% in the May-to-June window and a notable rise from 4.1% recorded in the same quarter last year, the ONS figures revealed.
By the end of August, approximately 1.7 million individuals were officially unemployed across the country.
Additionally, the economic inactivity rate remained high, estimated at 21% for June through August, the ONS noted.
In terms of employment trends, the number of payrolled employees in the UK dropped by 93,000—or 0.3%—compared to August last year, though it did see a modest rise of 10,000 from the previous month.
This marks an increase from 4.7% in the May-to-June window and a notable rise from 4.1% recorded in the same quarter last year, the ONS figures revealed.
By the end of August, approximately 1.7 million individuals were officially unemployed across the country.
Additionally, the economic inactivity rate remained high, estimated at 21% for June through August, the ONS noted.
In terms of employment trends, the number of payrolled employees in the UK dropped by 93,000—or 0.3%—compared to August last year, though it did see a modest rise of 10,000 from the previous month.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Casper Network Advances Regulated Tokenization With ERC-3643 Standard
- Forex Expo Dubai Wins Guinness World Recordstm With 20,021 Visitors
- Superiorstar Prosperity Group Russell Hawthorne Highlights New Machine Learning Risk Framework
- Freedom Holding Corp. (FRHC) Shares Included In The Motley Fool's TMF Moneyball Portfolio
- Versus Trade Launches Master IB Program: Multi-Tier Commission Structure
- Ozzy Tyres Grows Their Monsta Terrain Gripper Tyres Performing In Australian Summers
Comments
No comment