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The UK unemployment rate, based on a survey that the ONS is overhauling and is no longer considered an accurate gauge, held at 4.4%

UK jobs market steadies with BoE set to keep rates steady

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data published shortly before the Bank of England was expected to keep interest rates on hold.

Business • 20 Mar

Private-sector pay excluding bonuses - the Bank of England's main gauge of domestic inflation pressure - rose by 6.2% in the last three months of 2024

UK wage growth speeds up in final quarter of 2024

British pay growth accelerated in the last three months of 2024, according to official data published today that underscored why the Bank of England has adopted a careful stance about cutting interest rates again despite a weak overall economy.

Business • 18 Feb

UK average weekly earnings, excluding bonuses, were 5.1% higher than a year earlier in the three months to the end of July - the lowest reading since the three months to June 2022

UK pay growth eases to more than two year low

British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data today which likely keeps the Bank of England on track to cut interest rates again before the end of the year.

Business • 10 Sep 24

The ONS said the UK unemployment rate rose to 3.8% - its highest since the second quarter of 2022

Strong UK pay growth boosts chance of rate rise

The UK unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England as it judges whether to raise interest rates further.

Business • 18 Apr 23

Average weekly earnings in the UK rose by 2.5% on the year in the three months to May

UK pay growth at 6-month low despite record employment

UK workers' pay growth has slowed to its weakest in six months despite record employment, challenging the Bank of England as it considers whether to raise interest rates next month.

Business • 17 Jul 18

The number of people in work fell by 56,000 during the three months to October, new ONS figures show

UK employment falls for second month, pay edges up

The number of people in work in Britain fell again, suggesting employers are turning more cautious as Brexit nears.

Business • 13 Dec 17