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- U.K. unemployment rate remains unchanged to 5.6% in the April to June quarter
U.K. unemployment rate remains unchanged to 5.6% in the April to June quarter
The Office for National Statistics (ONS) released its labour market data on Wednesday. The U.K. unemployment rate remained unchanged at 5.6% in the April to June quarter, in line with expectations.
The claimant count fell by 4,900 people in July, beating expectations for a rise by 1,500, after an increase of 200 people in June. June's figure was revised down from a rise of 7,000.
U.K. unemployment in the April to June period rose by 25,000 to 1.85 million from the previous quarter.
Average weekly earnings, excluding bonuses, climbed by 2.8% in the April to June quarter, in line with expectations, after a 2.8% gain in the January to March quarter. It was the highest gain in more than six years.
The previous three months' figure was revised up from a 2.2% increase.
Average weekly earnings, including bonuses, rose by 2.4% in the April to June quarter, missing expectations for a gain of 2.8%, after a 3.2% increase in the January to March quarter.
The Bank of England monitors closely the wages growth it considers when to start hiking its interest rate.
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