UK unemployment rate holds at 3.8% in three months to June

By Thomson Reuters Aug 16, 2022 | 1:27 AM

LONDON (Reuters) -Britain’s unemployment rate held at 3.8% in the three months to June, close to a half-century low, but there were some signs that the country’s super-hot labour market was cooling, according to official monthly figures showed on Tuesday.

Economists polled by Reuters had expected the jobless rate to stay at 3.8%.

The Office for National Statistics said the number of people in employment grew by 160,000 in the April-June period, less than expected in the Reuters poll.

Redundancies remained at very low levels but the number of job vacancies fell for the first time since mid 2020.

(Reporting by William Schomberg, Editing by Kylie MacLellan and David Milliken)