RSS UK Jobless Rate Remains Stable

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 RSS UK Jobless Rate Remains Stable

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The UK's unemployment rate remained stable for the three months leading up to October, as reported by the Office for National Statistics on Tuesday.

The unemployment rate was unchanged at 4.3 percent for the August to October period, aligning with analysts' predictions.

Excluding bonuses, the annual growth in average earnings stood at 5.2 percent, slightly exceeding economists' expectations of 5.0 percent. When including bonuses, earnings also increased by 5.2 percent, surpassing the anticipated growth rate of 4.6 percent.

Additionally, the data indicated that the number of job vacancies continued to decline for the 29th consecutive period. The estimated number of vacancies dropped by 31,000 over the quarter, reaching 818,000 from September to November.

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