The UK’s unemployment rate edged up to 4.4% in December 2024, reflecting a continued upward trend since mid-2022, according to the Office for National Statistics (ONS).
The UK’s unemployment rate rose to 4.4% in December 2024, up from 4.3% in the previous quarter, according to the Office for National Statistics (ONS).
The economic inactivity rate stood at 21.5%, while the employment rate also saw an increase, reaching 74.9%. As of December, the number of unemployed individuals stood at 1.56 million, while the total employed workforce amounted to 33.85 million.
The ONS highlighted that after a steady decline in unemployment since late 2013, the rate spiked during the COVID-19 pandemic. While it subsequently fell below pre-pandemic levels by mid-2022, unemployment has been on an upward trajectory since.
For context, the unemployment rate was 3.6% in mid-2022, rising to 3.9% by December 2023 and further increasing to 4.1% at the start of 2024.
Ukraine’s military says it struck an oil refinery, storage facility and military airfield inside Russia, in one of its largest cross-border drone op...
Armenia and the United States will conduct joint military exercises in Armenia from 12 to 20 August, focusing on peacekeeping and medical evacuation t...
Jeyhun Bayramov, Azerbaijan’s Foreign Minister, met with Dragana Kojic, head of the International Committee of the Red Cross (ICRC) Delegation in Az...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 2nd August, covering the latest developments you need to know....
BRICS is no longer just a club of emerging economies, it’s evolving into a global power bloc. With more countries joining and dozens lining up, BRIC...
Britain’s competition regulator may force Google to rank businesses more fairly in search results and provide consumers with alternative services, using new powers to regulate tech giants.
UK Finance Minister Rachel Reeves unveiled a major spending review on Wednesday, focusing on health, defence, and infrastructure to drive economic growth and restore confidence in the Labour government’s vision.
David Beckham is set to receive a knighthood in the upcoming king’s birthday honours list, recognising his outstanding contributions to football and his charitable work.
The Russian Prosecutor General’s Office has formally declared the activities of the British Council "undesirable" in the country, saying that the organization actively supports the LGBT movement and carries out projects aimed at discrediting Russia’s domestic and foreign policies.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
McDonald's plans to significantly expand its investments in artificial intelligence by 2027, with India expected to play a central role in data governance, engineering, and platform development, a senior executive said on Friday.
U.S. President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
Germany’s cabinet has approved a draft 2026 budget on Wednesday featuring record investments and a borrowing level nearly three times higher than last year’s, aiming to strengthen infrastructure and defence while efforts to revive growth.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment