Financial News: UK Jobless Rate Rises To 4.5%

UK Jobless Rate Rises To 4.5%

05/13/2025 - 02:28:00 (RTTNews)

(RTTNews) - The UK unemployment rate rose slightly in the first quarter, the Office for National Statistics reported Tuesday.

The unemployment rate rose to 4.5 percent in the three months to March, in line with expectations, from 4.4 percent in the preceding period.

Average regular earnings excluding bonuses grew 5.6 percent on a yearly basis in the January to March period. This was slightly slower than the expected growth of 5.7 percent.

Meanwhile, including bonuses, average earnings advanced 5.5 percent year-on-year, which was better than the forecast of 5.2 percent. Payroll employees for April decreased 33,000 compared to the previous month and declined 106,000 from the previous year to 30.3 million. The estimated number of vacancies was down by 42,000 from the previous quarter to 761,000 during February to April. This was the 34th consecutive quarterly decline. Data showed that an around 55,000 working days were lost because of labor disputes in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German ZEW Investor Confidence Rebounds In May (39 min(s), 30 sec(s) ago)
(RTTNews) - German investor confidence rebounded in May as the formation of new government as well ...Full Story»

Turkey Current Account Deficit Narrows Slightly (01 hr(s), 46 min(s), 30 sec(s) ago)
(RTTNews) - Turkey's current account deficit decreased marginally in March from a year ago, ac ...Full Story»

Romania Inflation Remains Stable At 4.9% (02 hr(s), 58 min(s), 30 sec(s) ago)
(RTTNews) - Romania's consumer price inflation held steady in April after easing slightly in t ...Full Story»

Czech Inflation Unrevised At 1.8% (03 hr(s), 11 min(s), 30 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation eased as initially estimated in Apri ...Full Story»

UK BRC Retail Sales Rise In April (03 hr(s), 42 min(s), 30 sec(s) ago)
(RTTNews) - UK retail sales grew strongly in April largely due to the timing of the Easter and goo ...Full Story»

Dutch Inflation Confirmed At 4.1% (03 hr(s), 45 min(s), 30 sec(s) ago)
(RTTNews) - Dutch inflation accelerated as initially estimated in April to the highest level in fo ...Full Story»

Malaysia Retail Sales Growth Improves In March (04 hr(s), 10 min(s), 30 sec(s) ago)
(RTTNews) - Malaysia's retail sales growth rebounded at the end of the first quarter, data fro ...Full Story»

UK Jobless Rate Rises To 4.5% (04 hr(s), 19 min(s), 30 sec(s) ago)
(RTTNews) - The UK unemployment rate rose slightly in the first quarter, the Office for National S ...Full Story»