News | Latest Breaking News Stories & Headlines

UK jobless levels rose to 4.3% in the three months to July from 4.2% in the previous three month period

UK labour market softens in July, despite wage growth

Another record month for British pay growth put the Bank of England on track to raise interest rates once again, perhaps for the last time in the current cycle, as data today also pointed to a cooling labour market.

Business • 12 Sep 23

Economists had mostly expected the UK unemployment rate to rise to 3.8%

UK jobless rate holds at 3.7%, pace of pay growth slows

Britain's unemployment rate held at 3.7% in the three months to January, the Office for National Statistics said today.

Business • 14 Mar 23

The UK unemployment rate rose slightly to 3.7% in the three months to October, new figures show today

UK unemployment rate rises again to hit 3.7%

Britain's unemployment rate rose for a second month in a row and there were other signs of a cooling labour market in data published today, including an increase in older people saying they were looking for work.

Business • 13 Dec 22

The latest UK unemployment rate has fallen to 3.8%, back to its joint lowest since the three months to January 1975

UK pay growth hits 4% for first time since 2008

Britain's workers received their biggest pay rises in more than 11 years this summer as the unemployment rate fell back to its lowest since the mid-1970s, official data showed today.

Business • 10 Sep 19

Hourly labour costs rose by 1.6% year-on-year in the three months from July to September, new figures show

Euro zone wage growth pulls back from two-year high

Euro zone wage growth slowed in the third quarter from a two-year high hit in the second, data released today showed.

Business • 19 Dec 17

The UK unemployment rate stood at 4.3% in the quarter to the end of September

UK jobless rate stays at 42-year low - ONS

UK unemployment remains at a 42-year low point, official data showed today - but wages growth remains far below the overall UK inflation rate, hurting workers' purchasing power.

Business • 15 Nov 17

Ewald Nowotny says wage growth will come in the euro zone - eventually

Euro zone wage growth will come, but with a lag

Wage growth in the euro zone will come, albeit with a lag, and generate more underlying inflation if the bloc's economic upswing continues, European Central Bank policymaker Ewald Nowotny said today.

Business • 29 May 17

Wages Growth