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United Kingdom unemployment rose to 4.2% in February and marks six-month highs

MADRID, 16 Abr.

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United Kingdom unemployment rose to 4.2% in February and marks six-month highs

MADRID, 16 Abr. (EUROPA PRESS) -

The UK unemployment rate stood at 4.2% in the three months to February 2024, up from 3.9% in the three months to January 2024, the highest level of unemployment in the country in six months, according to data from the National Statistics Office (ONS).

In the second month of the year, there was a decrease of 18,000 salaried jobs in the United Kingdom compared to January, although they increased by 352,000 in one year. Looking ahead to the month of March, the first estimate points to a cut of 67,000 jobs in the month, but an increase of 204,000 in the year.

For its part, between January and March 2024, the estimated number of vacancies was reduced by 13,000, to 916,000 positions to be filled, still above levels prior to the Covid-19 pandemic.

Despite the cooling of the labor market, the annual growth of employees' average regular income (excluding bonuses) was 6% between December 2023 and February 2024, while the annual growth of total income (including bonuses) was of 5.6%.

In real terms, adjusting for inflation, the annual growth of the regular salary was 1.9% between December 2023 and February 2024, and 1.6% for the total salary.

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