Britain‘S Unemployment rate at its highest level hit in almost four years, according to official data, while salary growth has mitigated more than expected as employers grasp with the growing staff costs.
The National Statistics Office (Ons) reported that average regular salaries, excluding bonuses, fell to 5.2 percent in three months to April, a sharply drop of 5.5 percent in the previous three months. This is the lowest rate from the third quarter last year.
Although the salary growth continues to surpass inflationAn increase in 2.1 percent with the consumer price index was taken into account, the figure fell briefly from expectations, and most experts predicted a decrease at 5.3 percent.
Rate unemployment He also jumped to 4.6 percent in three months until April, as far as three months to March, and a maximum of three months to March and a maximum of three months until 2021. years.
They also passed the figures vacancies He tried 63,000 to 736,000 in three months to May, while data on payment lists revealed the largest decline five years last month, drop 109,000 to 30.2 million.
He amplified with companies that face a campaign in national insurance contributions in April, announced in October budget.
Liz McKeown, said Director of Economic Statistics, said: “It continues to weaken in the labor market, and the number of people on the payroll decreases.
“Feedback from our vacancy survey suggests that some companies can be kept from employing new workers or replace people when moving on.”