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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.