Unemployment rate jumps to 4.5% in West Midlands, new government figures show

UK labour market cools as wage growth slows, unemployment rises

London, May 13 (SocialNews.XYZ) Britain's labour market showed further signs of cooling in early 2025, as wage growth slowed, unemployment edged higher, and job vacancies continued to decline, according to official data released Tuesday. Although the Office for National Statistics (ONS) reported that the employment rate stood at 75.0 per cent in the first quarter of 2025, which was slightly higher than a year earlier, the unemployment rate was a…

AJ Bell: Unemployment rises as labour market shows signs of strain - Wealth DFM

News has been released today to show that UK unemployment has risen to 4.5% in the three months to March 2025, up from 4.4% while vacancy numbers fall again – now 34,000 below pre-Covid levels.  Pay growth has slowed to 5.6%, down from 5.7% in the three months to February 2025 but remains still comfortably above inflation levels. Commenting on the latest UK jobs figures Danni Hewson, AJ Bell head of financial analysis, said: “Ever since last yea…

Unemployment rate jumps to 4.5% in West Midlands, new government figures show

The number of people unemployed in the West Midlands has jumped to a yearly high according to the latest government figures.

UK wage growth slows as unemployment edges up ahead of tax and wage hikes

Wage growth in the UK has slowed to its weakest level since November, while unemployment has crept higher, as businesses brace for a series of cost pressures including tax hikes and a rise in the national minimum wage. According to new data from the Office for National Statistics (ONS), regular pay excluding bonuses rose by 5.6% in the three months to March — down from 5.9% in the previous period and below analysts’ expectations of 5.7%. Includi…

UK Unemployment Rate Increases to 4.5% as Salary Growth Declines

ONS figures also reveal a drop in job vacancies.

ONS: Slower wage growth but rising unemployment

UK labour market figures from Office for National Statistics show decline in regular earnings alongside rise in unemployment. The post ONS: Slower wage growth but rising unemployment appeared first on Personnel Today.