The UK unemployment rate climbs to 4.2% and the rise in wages marks a record since 2001

MADRID, 15 Ago.

The UK unemployment rate climbs to 4.2% and the rise in wages marks a record since 2001

MADRID, 15 Ago. (EUROPA PRESS) -

The unemployment rate in the United Kingdom stood at 4.2% in the second quarter of the year, three tenths above the previous quarter, according to data published on Tuesday by the British National Statistics Office (ONS), which has attributed the rebound in unemployment to the increase in the unemployed of up to 6 months.

For its part, the employment rate in the United Kingdom closed the second quarter at 75.7%, one tenth less than in the first quarter of the year. According to the ONS, this decrease in employment was due to full-time wage earners and self-employed workers.

The estimate of salaried workers showed a monthly increase of 97,000 people in July compared to the revised figure for June 2023, up to 30.2 million people.

In addition, from May to July, the number of vacancies decreased by 66,000 people, standing at 1,020,000. For its part, the ONS highlights that, due to strikes and labor conflicts, 160,000 days were lost in June, more than half in the health sector and social work.

British workers posted year-on-year growth of 7.8% in their wages, excluding bonuses, in the second quarter, which is the biggest rise since 2001, when comparable records began.

The annual growth of the total average salary of employees, including bonuses, reached 8.2%. In real terms (adjusted for inflation), annual growth was 0.5% for total salary and 0.1% for normal salary (excluding bonuses).

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