UK unemployment remains at four-year-high as job vacancies shrink

Yorkshire Post

Britain’s jobless rate remained at a four-year-high in the latest quarter as job vacancies declined again, pointing towards further “cooling in the labour market”.

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04Britain's unemployment rate remained at a four-year high in the latest quarter.

00:10The ONS said the rate of UK unemployment was 4.7% in the three months to June.

00:17It was the same as the previous three-month period, which had been the highest level since June 2021.

00:23Meanwhile, average earnings growth, excluding bonuses, remained at 5% for the period of June.

00:31It came as UK job vacancies tumbled by 44,000 over the three months to July to 718,000,

00:39the lowest number of job openings since April 2021.

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