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- UK unemployment rate unexpectedly rises from April to June
UK unemployment rate unexpectedly rises from April to June
According to the report from Office for National Statistics, from April to June the UK unemployment rate was estimated at 3.9%; lower than a year earlier (4.0%); on the quarter the rate was 0.1 percentage points higher. Unemployment was expected to remain at 3.8%.
The UK employment rate was estimated at 76.1%, the joint-highest on record since comparable records began in 1971. The UK economic inactivity rate was estimated at 20.7%, a joint-record low.
Estimates for April to June 2019 show 32.81 million people aged 16 years and over in employment, this is a record high and 425,000 more than for a year earlier. This annual increase of 425,000 was mainly because of more people working full-time (up 262,000 on the year to reach 24.11 million). Part-time working also showed an increase of 162,000 on the year to reach 8.70 million.
Estimated annual growth in average weekly earnings for employees in UK increased to 3.7% for total pay (including bonuses) and 3.9% for regular pay (excluding bonuses). Economists had expected an increase to 3.7% for total pay and 3.8% for regular pay.
In real terms (after adjusting for inflation), total pay is estimated to have increased by 1.8% compared with a year earlier, and regular pay is estimated to have increased by 1.9%.
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