UK jobs boom continues with unemployment at 11-year low - News Summed Up

UK jobs boom continues with unemployment at 11-year low


In the three months to June there were 172,000 more people in work pushing the employment rate to 74.5 per cent, the highest since comparable records began in 1971 Matthew Lloyd//Getty ImagesBritain’s booming jobs market showed no signs of abating in June as unemployment remained at its lowest level in 11 years, employment reached a new record high and wage growth continued to make progress. However, the latest figures from the Office for National Statistics covered the three months to the end of June, so does not show what possible impact the Brexit vote has had on employment. This left some economists remaining pessimistic about the future. “Given the flurry of weak post-Brexit economic data, it is difficult to find any comfort in a release that covers the April to June,…


Source: The Times August 17, 2016 10:52 UTC



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