India, March 20 -- The UK unemployment rate remained stable and wages continued to log strong growth in the three months to January period, maintaining pressure on the Bank of England to hold interest rates on Thursday.
The ILO unemployment rate registered 4.4 percent in November to January, unchanged from the preceding period, figures from the Office for National Statistics showed. The rate matched expectations.
In February, payroll employment increased 21,000 from the previous month to 30.4 million. The number of vacancies was broadly unchanged at 816,000 in the three months to February, the ONS said.
In the three months to January, average earnings including bonus grew 5.8 percent from the previous year, in line with forecast. Similar...