The United Kingdom's unemployment rate fell to 4.9% in the three months to February 2026, according to the latest official figures.This decline was unexpected, as most analysts had predicted the rate would remain steady at 5.2%.Data from the Office for National Statistics (ONS) also revealed that wages increased at an annual rate of 3.6% between December and February.Despite a slowdown in wage growth, pay rises continue to outpace inflation.Although unemployment remains at a five-year high, there has been a rise in the number of people holding more than one job.The ongoing conflict in the Middle East has contributed to increased... [Continue Reading]