Showing posts with label UK unemployment. Show all posts
Showing posts with label UK unemployment. Show all posts

Wednesday, 17 December 2014

UK unemployment falls again

UK unemployment in the three months to October fell by 63,000 to 1.96 million, official figures show.
The fall was the slowest quarterly fall for a year, leading some analysts to speculate that the rate of improvement may have peaked.
The Office for National Statistics (ONS) said the jobless rate was 6%, matching its lowest level in six years.
On a quarterly basis, average earnings excluding bonuses grew by 1.6%. Including bonuses they rose by 1.4%.
For a long time, earnings growth had been lagging the inflation rate, but in the last quarter it overtook inflation for the first time in five years, and the latest figures show that