UK unemployment rate at highest for almost five years

However, even allowing for those “compositional” effects, the Office for National Statistics estimates that there was still pay growth of 3% overall – far more than inflation at 0.7%. And in some sectors it was better than that: according to the ONS, pay in health and social work rose by an average of 6.2% – some modest compensation, perhaps, for the risks those workers have been taking.

Recent Posts

Covid: Cardiff Airport saw biggest drop in passengers in UK

With travellers from every major viable tourist destination currently required to go into quarantine when they return to the UK, Ms Dee warned the UK government's "overly cautious" approach to reopening travel meant this summer would be "as bad, if not worse, than...

read more

Disruption to shipping could delay Christmas orders

"Because the system is so overloaded, every time one of these things happens now, the system is already at breaking point, or past breaking point, so anything else just adds grist to the mill," explains James Baker, containers editor at shipping industry publication,...

read more