UK unemployment rate held at post-pandemic high of 5.2% at start of the year

#UK unemployment #post-pandemic #5.2% #labor market #economic data #job market #2024

UK unemployment rate remained at 5.2% in early 2024, matching the post-pandemic high.
The rate has stayed consistent, indicating a plateau in job market recovery.
This level reflects ongoing economic challenges following the COVID-19 pandemic.
The data suggests persistent labor market pressures at the start of the year.

Figure comes ahead of Bank of England decision on interest rates

Unemployment, Economic Recovery

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