Rolling coverage of the latest economic and financial news, including the UK jobs report for October-December 2025
Good morning. Unemployment across the UK has hit a near five-year high, and wage growth has slowed.
The latest labour market data, just released this morning, shows that the UK jobless rate rose to 5.2% in the October-December quarter.
That’s up from 5.1% in September-November, and the highest rate since the first quarter of 2021.
The number of workers on company payrolls fell too – down by 130,000 over the year and by 46,000 over the quarter.
