UK unemployment held steady at 4.4 per cent in the three months to February, according to the latest figures from the Office for National Statistics (ONS).
The rate remains unchanged from the previous quarter, suggesting ongoing uncertainty in the jobs market as the wider economy continues to face pressure from inflation, weak growth and global instability.
UK unemployment remained unchanged at 4.4 per cent in the three months to February, while wage growth slowed to 5.6 per cent, new figures from the Office for National Statistics (ONS) show.
After adjusting for inflation, regular pay was just 2.8 per cent higher, suggesting that while real wages are improving, earnings momentum is beginning to cool.
The figures come amid continued pressure on the labour market and broader concerns over the strength of the UK’s economic recovery.
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