UK adds 20,000 jobs in February as unemployment rate remains steady

ONS data

The number of payrolled employees in the UK is estimated to have increased by 0.1% (20,000) in February, according to data from the Office of National Statistics today (12 March).

The figure marked a 1.2% increase from a year ago, bringing the total number of workers to 30.4 million. Demand for UK staff declines at fastest rate in over three years However, the ONS noted the employment rate was estimated at 75% for the three months to January 2024, below last year's estimates and down in the last quarter. Yet despite the number of payroll employees increasing, the agency noted the rate of annual growth is falling. The unemployment rate has stood at 3.9% for the three months to January 2024, above estimates from a year ago and remained unchanged from the la...