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    Home»World News»UK News»Unemployment Rises In UK As Cost Of Living Crisis Bites
    UK News

    Unemployment Rises In UK As Cost Of Living Crisis Bites

    editorBy editorApril 18, 2023Updated:April 18, 2023No Comments1 Min Read
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    FILE PHOTO: A lorry driver passes a sign on the side of his vehicle advertising for jobs as he makes a delivery, in London, Britain, October 13, 2021. REUTERS/Toby Melville
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    The unemployment rate in the United Kingdom has increased in the three months to the end of February, official data showed on Tuesday, 18 April, 2023.

    As the economy continues to be impacted by high inflation, the rate increased to 3.8 percent from 3.7 percent in the three months to the end of January, the Office for National Statistics said in a statement.

    The ONS said the increase “was driven by people unemployed for up to six months”.

    Darren Morgan, director of economic statistics, said the number of days lost to strikes picked up again in February.

    Public and private sector workers have been striking since last year to try and win increases to pay, whose value has been eroded by elevated inflation.

    “Pay continues to grow more slowly than prices, so earnings are still falling in real terms,” Morgan said.

    He added that while job vacancies have fallen, they “remain at very high levels”.

    AFP

    Darren Morgan Unemployment in UK United Kingdom
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