The UK unemployment rate remained unchanged at 4.4% in the three months to December, although the ONS reiterated caution over the statistic due to an overhaul of the nation’s jobs survey. #unemployment #ONS #economy #UK
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00:00Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.
00:06The UK's unemployment rate remained unchanged at 4.4% in the three months to December.
00:14The data comes amid warnings from businesses over job losses and higher prices, after the
00:18government moved to increase national insurance contributions and announced another rise in
00:23the minimum wage in last October's budget.
00:26A survey by the Chartered Institute of Personnel and Development on Monday revealed a third
00:30of businesses expect their employment costs to increase, and so they plan to cut jobs
00:36through redundancies or by hiring fewer workers.
00:41My name's Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.