UK unemployment rate falls below pre-pandemic period

UK unemployment rate falls below pre-pandemic period

Jobless rate stands at 3.9% in three months to January

By Tuba Sahin

ANKARA (AA) – The UK unemployment rate fell below its pre-pandemic level for the first time in November 2021-January 2022, according to data released by the Office for National Statistics on Tuesday.

The figure decreased to 3.9% in November 2021-January 2022, down 0.2 percentage points on the quarter compared to the previous three-month period, the data showed.

The UK employment rate increased by 0.1 percentage points from August-October 2021 to 75.6% in November 2021-January 2022. This was down 0.1 percentage point from the pre-pandemic level.

The number of employed people slipped 12,000 during the same period.

The average total pay, including bonuses, rose 4.8% while the growth in regular pay, excluding bonuses, was 3.8% among employees from November 2021 to January 2022.

In February, the UK economy added 275,000 jobs, with payroll employees reaching a record 29.7 million.

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