By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Which National Savings Plans have new profit rates?
    July 3, 2025
    They tried Made in the USA. It was too expensive for their customers
    July 3, 2025
    Check out the latest National Savings Scheme profit rates here.
    July 3, 2025
    How Anosh Ahmed is becoming well-known throughout the world through his thought leadership
    July 3, 2025
    Punjab increases leave allowance for ministers, speaker, dy speaker
    July 3, 2025
  • Politics
    PoliticsShow More
    Five Pakistani players reach Asian Junior Squash Championship semifinals
    July 3, 2025
    The US House approves Trump’s “One Big Beautiful Bill.”
    July 3, 2025
    Russia acknowledges the Afghan Taliban government.
    July 3, 2025
    Turkish Foreign Minister Hakan Fidan to visit Pakistan next week
    July 3, 2025
    The foreign minister claims that Iran is dedicated to the nuclear non-proliferation treaty.
    July 3, 2025
  • Technology
    TechnologyShow More
    Microsoft to cut about 4% of jobs amid hefty AI bets
    July 3, 2025
    Pakistani company fits war-affected Gazan girl with prosthetic arm
    July 3, 2025
    Nvidia set to become world’s most valuable company in history
    July 3, 2025
    How China’s new auto giants left GM, VW and Tesla in the dust
    July 3, 2025
    Satellite internet suffers as Pakistan’s Starlink registration expires
    July 3, 2025
  • Sports
    SportsShow More
    Pakistani stars set to clash as Cricket Australia unveils BBL 2025-26 schedule
    July 3, 2025
    Cricket Australia announces Big Bash League schedule
    July 3, 2025
    Australia’s Smith return confirmed for second Windies Test
    July 3, 2025
    Liverpool’s Portuguese forward Diogo Jota dies in car crash in Spain
    July 3, 2025
    Bhogle acknowledges Gill’s batting supremacy
    July 3, 2025
  • Matrimonial
  • Marketplace
  • Chat Room
  • EN
    • AR
    • EN
    • EO
    • FR
    • UR
Reading: The highest unemployment rate in over two years.
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Matrimonial
  • Marketplace
  • Chat Room
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Ecnomics > The highest unemployment rate in over two years.
Ecnomics

The highest unemployment rate in over two years.

Last updated: 2024/06/11 at 1:03 PM
Published June 11, 2024
Share
1 Min Read
SHARE

According to official statistics, the jobless rate has unexpectedly increased to its highest point in 2.5 years.
In the three months leading up to April, the rate increased to 4.4%, the highest level since September 2021.
Wage growth continued to be robust despite the hike, with wages rising at a faster rate than prices.
Over one-fifth of working-age individuals were not considered to be actively seeking employment, marking yet another spike in the inactivity rate that has brought it to its highest point in almost ten years.
“This month’s figures continue to show signs that the labour market may be cooling, with the number of vacancies still falling and unemployment rising, though earnings growth remains relatively strong,” said the ONS.

According to the ONS, regular earnings—which do not include bonuses—rose at an annual rate of 6%, which was steady from the previous month.
But after accounting for inflation, compensation grew at an annual rate of 2.9%, the most since August 2021.
The hike in the National Living Wage in April had economists anticipating higher wages. It increased to £11.44 an hour for those over 21, a 9.8% increase from the previous year.

You Might Also Like

When the price of petroleum rises, carriers raise fares.

Following a day’s decline, gold prices in Pakistan rise.

WHO urges nations to implement 50% price increases for alcohol, tobacco, and sugar-filled beverages.

From SUVs to food: Govt cuts regulatory duties on several imported items

Nepra lowers the price of electricity by Rs1.15 per unit in order to maintain a consistent tariff throughout the nation.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
BanerClub June 11, 2024 June 11, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article Punjab governor opposes passage of controversial defamation law
Next Article Will memes and TikToks aid in the election process?
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

The US has tougher visa and green card regulations.
Travel United States July 3, 2025
European climbers ascend and descend Nanga Parbat in a historic alpine ascent.
News July 3, 2025
Which National Savings Plans have new profit rates?
Business Pakistan July 3, 2025
Third interstellar object detected racing through solar system
Marketing July 3, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Quick Links

  • MY BOOKMARK
  • INTERESTSNew
  • CONTACT US
  • BLOG INDEX
Baner ClubBaner Club
Follow US
© 2022 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Captcha:
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
Welcome Back!

Sign in to your account

Register Lost your password?