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The Office for National Statistics said the unemployment rate fell to a lower-than-expected 3.6% in the three months to July. UK unemployment rate slumps to 48-year low but more Britons quit jobs ...
There is some data available on UK unemployment rates from before 1971 but it is not consistent with the current international definitions as it is more closely related to the Claimant Count. UK unemployment surged to a two-year high of 4.4%, with job vacancies dropping by 12,000 to 904,000 in 2024.
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
The unemployment rate in the UK for July to September fell to 4.3%, down by 0.5% compared to a year earlier, the Office for National Statistics said on Tuesday.
Unemployment in the United Kingdom remained above 3,000,000 until the spring of 1987, when the economy enjoyed a boom. [146] By the end of 1989, unemployment had fallen to 1,600,000. However, inflation had reached 7.8%, and the following year, it reached a nine-year high of 9.5%; leading to increased interest rates. [149]
Wages in the U.K. spiked sharply in April, official figures showed Tuesday, a development that is set to cement expectations that the Bank of England will raise interest rates once again next week.
The United Kingdom's technology sector is valued at US$1 trillion, third behind the United States and China. [41] The aerospace industry in the United Kingdom is the second-largest national aerospace industry. [42] Its pharmaceutical industry, the tenth-largest in the world, [43] plays an important role in the economy.
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