LONDON (SHARECAST) - Latest figures show UK unemployment fell by 50,000 between June and August.
This put the unemployment rate at 7.9%, down 0.2% from the March to May figure, meaning a total of 2.53m people were classed as unemployed.
Most analysts had expected the figure to remain steady at 8.1%.
The number of people in full-time employment increased by 88,000, while the number of people in part-time employment jumped again, posting a 125,000 rise.
Total pay including bonuses rose by 1.7% and regular pay excluding bonuses rose by 2%, largely in line with expectations.
The number of people claiming Jobseeker’s Allowance for September was 1.57m, down 4,000 from August and down 21,800 on a year earlier.
This was better than expected, with forecasts pointing to the claimant count remaining steady.
More shortly...
|
