• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Managed Accounts

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

UK Employment Declines as Inflation Outpaces Wage Growth

February 15, 2022 by Forex Winner Leave a Comment

UK Employment Declines as Inflation Outpaces Wage Growth

Source: Office for National Statistics

Employment in the United Kingdom declined in the last three months of 2021, with inflation outpacing the growth of wages during the period. EWU is up 0.76%, and VGK up 2.26% premarket.

  • Employment for the quarter stood at 32.485 million, down by 38,000 from the previous quarter by 337,000 higher than the same quarter in 2020.
  • The employment rate was 75.5%, up 0.1 percentage points from the previous quarter and 0.9 percentage points higher than a year ago.
  • Unemployed individuals were recorded at 1.374 million, 74,000 lower than the third quarter and 396,000 down from the fourth quarter of 2020.
  • The unemployment rate clocked in at 4.1%, 0.2 percentage points down from the previous year and 1.2 percentage points higher than in the previous year.
  • The economic inactivity rate grew to 21.2%, up by 0.1 percentage points from both the previous quarter and the previous year.
  • Growth in average total pay, including bonuses, was 4.3%, while the growth in regular pay excluding bonuses was 3.7% for the quarter.
  • Adjusted for inflation, total pay fell to -0.1% and regular pay to -0.8%, marking the first contraction since the summer of 2020. 

And here is a golden tip

Want to profit from forex news? These forex robots earned the best historical yields to investors. Check out Best Forex Robots

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

sixty one − = fifty seven

Primary Sidebar

Latest News

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

May 20, 2022

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

May 20, 2022

Great Britain Retail Sales Rebounds as Buying Activity Climbs

Great Britain Retail Sales Rebounds as Buying Activity Climbs

May 20, 2022

Best Forex Robots

  1. Happy Forex 8.0
  2. Forex Fury 7.7
  3. Promax Gold EA 6.8
  4. Gump EA 6.4
  5. Forex inControl Reborn 6.0

Footer

Forex Broker Reviews

NinjaTrader Review

February 17, 2020 By Forex Winner

Saxo Bank

Saxo Bank Review

July 25, 2019 By Forex Winner

E-Trade

E-Trade Review

October 23, 2019 By Forex Winner

Forex Robot Reviews

Genius Asset Review

Genius Asset Review

May 19, 2022 By Forex Winner

My Forex Path Review

My Forex Path Review

May 12, 2022 By Forex Winner

Powerhouse EA

Powerhouse EA Review

April 29, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure