The unemployment rate fell to 3.7% between January and March, its lowest for almost 50 years, as job openings rose to a new high of 1.3 million.
However, wages, excluding bonuses, failed to keep pace with rising prices, a problem expected to intensify because of growing food and fuel costs.
The figures show “a mixed picture” said the Office for National Statistics (Islam, 2022).
Click below to read the full article:
For the latest industry news, click here: https://searchdatagroup.co.uk/data-live-data-analytics-industry-news/