India, April 15 -- The UK labor market remained strong in the three months to February, ahead of rise in payroll taxes and new trade tariffs, data from the Office for National Statistics revealed Tuesday.
Annual growth in employees' earnings excluding bonuses was 5.9 percent in the December to February period. This was slightly slower than the expected growth of 6.0 percent.
Including bonus, total earnings climbed 5.6 percent from the previous year compared to the forecast of 5.7 percent. The unemployment rate was 4.4 percent in the December to February period, unchanged from the preceding period and matched economists' expectations.
In March, payroll employment decreased 78,000 from the previous month to 30.3 million, led by the private...