gbp
This morning, the United Kingdom’s Office for National Statistics (ONS) released the country’s latest unemployment and employment figures. The period in question was undoubtedly an embattled one for the labour landscape. In March alone, the ONS estimated that 22,000 working days were lost because of labour disputes across the UK. Joblessness upFrom January to March 2024, the unemployment rate stood at 4.3%, up 0.3 percentage points year-on-year. This was up marginally from the 4.2% estimated for the quarter last month, and up significantly from the previous quarter’s amount of 3.8%. This comes...
Invezz
This morning, the United Kingdom Office for National Statistics (ONS) released better-than-expected GDP figures for the UK’s first quarterly estimate from January to March 2024. The results showed quarterly growth of 0.6% for the nation’s GDP, and year-on-year growth of 0.2%, according to the ONS: UK gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2024, following declines of 0.3% in Quarter 4 (Oct to Dec) and 0.1% in Quarter 3 (July to Sept) 2023. Compared with the same quarter a year ago, GDP is estimated to have increased by 0.2% in Quarter 1 202...
Invezz
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