The U.K. unemployment rate rose slightly in May as inflation continues to disrupt the economic recovery, according to the Office of National Statistics…(ONS)

  • The unemployment rate for February to April 2022 decreased by 0.2 percentage points on the quarter to 3.8%, this was up from the 3.7% reported in April.
  • The number of job vacancies in March to May 2022 rose to a new record of 1,300,000.

Growth in average total pay was 6.8%, and growth in regular pay (excluding bonuses) was 4.2% among employees in February to April 2022. However, when adjusted for inflation total pay was 0.4% while regular pay fell by 2.2% on the year…

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