UK jobs boom gathers pace but unemployment rises too


While figures last week showed that Britain’s overall economy showed zero growth in the three months to January, Tuesday’s official data extended a run of hefty increases in employment. The number of people in work rose by 184,000 to 32.985 million, the Office for National Statistics said, driven by record quarterly increases in full-time and female employment.

LONDON: Britain created more jobs than expected in the three months to January but unemployment rose too by the largest amount since 2011, a sign that the labour market tightened further before the impact of coronavirus began to bite.

While figures last week showed that Britain’s overall economy showed zero growth in the three months to January, Tuesday’s official data extended a run of hefty increases in employment.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil

Others Also Read