{"id":288047,"date":"2026-02-17T08:57:07","date_gmt":"2026-02-17T08:57:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/288047\/"},"modified":"2026-02-17T08:57:07","modified_gmt":"2026-02-17T08:57:07","slug":"uk-unemployment-rate-hits-near-five-year-high-as-wage-growth-slows-live-updates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/288047\/","title":{"rendered":"UK unemployment rate hits near five-year high as wage growth slows &#8211; live updates"},"content":{"rendered":"<p>Unemployment for 18-24s reaches 14% &#8211; the highest since 2020published at 08:31 GMT<\/p>\n<p>08:31 GMT<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">We&#8217;re continuing to look through the figures released by the Office for National Statistics earlier and bring you any key lines.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The unemployment rate of people aged 18-24 in the UK has hit 14%, the data shows.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">This marks a 0.3 percentage point increase from the three months to November, which saw an 18-24 unemployment rate of 13.7%<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Aside from one three-month period in 2020 during the pandemic, which also saw 14%, the last time the UK saw a higher unemployment rate for 18-24s was in 2015.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">For those aged 16-17, the unemployment rate is 34.2%, falling from 34.7% reported in the three months to November.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The ONS are set to release the latest figures looking specifically at the level of young people (16-24) not in education, employment or training, later this month. <\/p>\n","protected":false},"excerpt":{"rendered":"Unemployment for 18-24s reaches 14% &#8211; the highest since 2020published at 08:31 GMT 08:31 GMT We&#8217;re continuing to&hellip;\n","protected":false},"author":2,"featured_media":288048,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-288047","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/288047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=288047"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/288047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/288048"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=288047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=288047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=288047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}