Job vacancies outpace unemployment for the first time.

May 19, 2022 | Jason Whittenham

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There are more job vacancies than unemployed people in the UK for the first time since records began.

The unemployment rate fell to 3.7% between January and March, its lowest for almost 50 years, as job openings rose to a new high of 1.3 million.

However, wages, excluding bonuses, failed to keep pace with rising prices, a problem expected to intensify because of growing food and fuel costs.

Read more here: https://www.bbc.co.uk/news/uk-61475720

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Jason Whittenham

Jason Whittenham

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