Economic Buzz: UK Unemployment Rate Unchanged At 3.8%

14 Jun 2022 , 04:05 PM

UK pay-rolled employees rose 90,000, or 0.3% M-o-M in May. Median monthly pay rose 5.4% Y-o-Y to GBP 2076. In the three months to April, unemployment rate was unchanged at 3.8%. Economic inactivity rate dropped -0.1% to 21.3%. Average earnings including bonus rose 6.8% over the year, below expectation of 7.6%. Average earnings excluding bonus rose 4.2% over the year, above expectation of 4.0%.Powered by Commodity Insights