According to the Office for National Statistics, the rate was in comparison with 5.1 per cent in the three months to the end of December.
The number of Americans filing new claims for unemployment benefits dropped to a one-year low last week as economic activity rebounds after weather-related disruptions in February.
According to ONS, at 5.0 per cent, the figure is 1.2 percentage points higher than a year earlier.
Italy’s economy shrank by 2 per cent in the fourth quarter of last year from the previous three months, preliminary data showed, a slightly smaller slump than expected after a rebound in the third quarter.
According to analysts forecast, the unemployment rate will surge after the UK government puts an end to its scheme of paying wages of private-sector workers at the end of April.
The rate rose to 4.8%, surging by 0.3 per cent from last month and a full percentage from a year earlier.
US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed range,” according to new data released on Friday.
Singapore’s overall unemployment rate rose to 3.4% in August, official data showed, the highest since the middle of 2004 as businesses shed jobs due to the coronavirus pandemic.
The number of Americans applying for unemployment benefits tumbled last week to 576,000, a post-COVID low and a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.
Boris Johnson said last week that “many, many job losses” were inevitable as a result of the economic fall-out from the pandemic. While this is true, bold government action can mitigate both mass unemployment and the coming climate crisis. What is needed is an ambitious green recovery plan that puts people to work and accelerates our transition to a zero carbon economy.