UK jobless rises 10,000 as earnings growth accelerates

September 16, 2015 10:58 am Published by

UK unemployment edged up to 1.82 million in the May to July period, up 10,000 from the previous quarter. Earnings, which have been slow to grow even as unemployment has come down, grew 2.9% excluding bonuses, the fastest rate of growth since 2009. The unemployment rate was 5.5%, the Office for National Statistics (ONS) said, unchanged from the previous quarter but down from 6.2% last year. There were 31.09 million in work, up 42,000 from the previous quarter. When measured against the same period a year ago the total number of people in employment was 413,000 higher. Including bonuses, average weekly earnings growth grew by 2.9%, although this was lower than the 3.3% growth rate seen in the three months... View Article