Home Business news UK unemployment falls as wages growth hits lowest in two years

UK unemployment falls as wages growth hits lowest in two years

288

Adjusted for inflation, pay rises by 1.6%, meaning many workers will experience improvement in standard of living

The UK jobs market bucked predictions of a further weakening in June after official figures showed unemployment fell but wages growth slowed to its lowest for two years.

Unemployment unexpectedly dropped to 4.2% from 4.4% in the three months to June from the previous three months, according to the Office for National Statistics (ONS).

Continue reading…Adjusted for inflation, pay rises by 1.6%, meaning many workers will experience improvement in standard of livingBusiness live – latest updatesThe UK jobs market bucked predictions of a further weakening in June after official figures showed unemployment fell but wages growth slowed to its lowest for two years.Unemployment unexpectedly dropped to 4.2% from 4.4% in the three months to June from the previous three months, according to the Office for National Statistics (ONS). Continue reading…