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Kalkine Media ASX Share Market News & Research

Kalkine : UK unemployment drops; Which recruitment-related stocks to explore?

October 14, 2022 10:09 PM BST | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

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While the UK economy is facing concerns over staff shortages, the number of working-age adults in the country, who are not a part of the labour market due to their long-term sickness, has hit a record high level. According to the latest figures released by the Office for National Statistics, unemployment in the UK plunged to 3.5% over the three months to August from an earlier quarter's 3.8%. This is the lowest level of unemployment witnessed in the UK since February 1974.

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