According to the latest figures from the Office for National Statistics (ONS) today, UK wage growth in the three months to July rose by 2.6 per cent as compared to the same period last year.
Earnings for employees, including bonuses, increased by 2.6% on the year in cash terms, but, after taking inflation into account, were only up by 0.2% https://t.co/lMYhPSN9r9 pic.twitter.com/Txj8FEAkJm
— Office for National Statistics (ONS) (@ONS) September 11, 2018
The UK unemployment has continued to fall, dropping by 55,000 to 1.36m. The unemployment rate remains at its lowest level for over 40 years.
Meanwhile, the labour market remains “robust” with those in work “still at historically high levels”, ONS added. The number of people in work rose by 3,000, taking the total employment level to 32.397m.
“With the number of people in work little changed, employment growth has weakened,” the ONS’s head of labour market statistics, David Freeman, added.
Commenting on today’s labour market figures, our Head of Labour Market statistics David Freeman said: https://t.co/mGoZSVR6EX pic.twitter.com/YIvk0xGeTc
— Office for National Statistics (ONS) (@ONS) September 11, 2018
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