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12 November 2019 12:32

Unemployment United Kingdom Wage

U.K. unemployment falls while wages slow in September

Number of people in work across Britain has fallen by the most since 2015 ALTHOUGH it seems somewhat strange, there are quite a few situations in which a property is built, sometimes by mistake and in good faith... The U.K. unemployment rate in the three months to September edged down to 3.8%, while employment fell by 58,000, the Office for National Statistics said. Average weekly earnings slowed to 3.6% from 3.8%. Jobless claims rose 33,000 in October. Economists polled by FactSet expected a 3.9% unemployment rate, a 22,500 rise in claims and 3.8% growth in earnings.

The UK unemployment rate fell to 3.8% in the third quarter, from 3.9% in the previous period, according to the Office for National Statistics. The market had been expecting the jobless rate to remain at 3.9%. The claimant count rose by around 33.0k, compared to expectations of a 24.2k rise. Average weekly earnings grew 3.6%, below expectations of a 3.8% improvement.