Economic Buzz: UK unemployment rate steady at 5.1% in November
The jobless rate was estimated at 5.1 percent, unchanged from the three months to October and also matched expectations.
Average earnings excluding bonuses posted an annual growth of 4.5 percent, which matched economists' forecast but slower than the 4.6 percent rise in the preceding period.
Including bonuses, earnings grew 4.7 percent from the last year compared to the expected 4.6 percent gain.
Wage growth in the private sector eased to the lowest in five years, while pay growth in the public sector remained high. Public sector pay growth was 7.9 percent, while private sector pay increase was 3.6 percent.
In December, pay-rolled employees decreased 43,000 from the previous month to 30.2 million.
During October to December, vacancies showed an increase of 10,000 to 734,000 compared with July to September period.
Further, the number of working days lost due to labor disputes reached 155,000 in November, the highest since January 2024.
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