UK Unemployment Rate Rises and Vacancies Fall as Economic Woes Weigh on Jobs Market

UK Unemployment Rate Rises and Vacancies Fall as Economic Woes Weigh on Jobs Market
A man walks past a job centre in Manchester, England, on July 8, 2020. Phil Noble/Reuters
Alexander Zhang
Updated:

The UK unemployment rate has risen unexpectedly and vacancies have fallen for the ninth straight month as the uncertain economic outlook weighs on the country’s jobs market.

According to the latest data from the Office for National Statistics (ONS), the unemployment rate for December 2022 to February 2023 increased by 0.1 percentage points on the quarter to 3.8 percent.