UK unemployment unchanged at 4.4% in January - Breaking The News
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UK unemployment unchanged at 4.4% in January

Economy
Christian Baha / SM

1 min read

EPA-EFE/NEIL HALL

The unemployment rate in the United Kingdom remained unchanged at 4.4% in the three months ending January, the Office for National Statistics (ONS) revealed in its report on Thursday. The reading came in above the estimates from a year ago.

The employment rate was estimated at 75%, higher than the previous quarter and above the estimates from the previous year. Economic inactivity dropped to 21.5%.

The estimated number of vacancies in November 2024 to January 2025 reached 816,000, almost unchanged from the previous quarter, with early estimates pointing towards a slight increase of 1,000. Excluding bonuses, the annual growth in average earnings stood at 5.9% in the three months to January.

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