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European Economic News

UK Employment Rate At Record High, Jobless Rate Steady At 3.8%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The UK employment rate hit a record high and the jobless rate remained unchanged in three months to November, data from the Office for National Statistics showed Tuesday.

In three months to November, the employment rate rose by 0.6 percentage points annually to a record 76.3 percent. And the unemployment rate held steady at 3.8 percent, in line with expectations.

The level of unemployment reduced marginally by 7,000 sequentially to 1.31 million. At the same time, employment increased by 208,000 on the quarter to a record high of 32.90 million.

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