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.
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China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
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Ukraine has launched a new wave of drone strikes on Sunday (3 May) across Russia, hitting key infrastructure and causing casualties in several regions, officials on both sides said.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
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