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UK Unemployment Rate Stable At 5.2%; Wage Growth Eases

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

The UK unemployment rate remained unchanged and wage growth eased in the three months to January, the Office for National Statistics said Thursday.

The jobless rate held steady at 5.2 percent in the November to January period. The rate remained slightly below forecast of 5.3 percent.

Average earnings, excluding bonus gained 3.8 percent year-on-year, slower than the 4.2 percent rise in the prior quarter. Earnings were expected to climb 4.0 percent.

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