UK unemployment rate stays at 3.8% in July

UK unemployment rate stays at 3.8% in July
# 19 July 2022 11:10 (UTC +04:00)

United Kingdom's unemployment rate landed at 3.8% in July, marking no change from the previous month's figures, while being 0.2 percentage points below pre-pandemic levels, the Office for National Statistics reported on Tuesday, APA reports citing Tele Trader.

The UK employment rate was estimated at 75.9%, 0.7 percentage points lower than pre-corona levels, while the country's economic activity rate amounted to 21.1%, 0.4 percentage points down from the previous three-month figures.

"During the first year of the coronavirus pandemic, there was a decrease in the employment rate and increases in the economic inactivity and unemployment rates. However, the unemployment rate has now returned to levels similar to those seen before the coronavirus pandemic," it was noted in the report.

#
#

THE OPERATION IS BEING PERFORMED