Article 6PY6K UK unemployment falls as wages growth hits lowest in two years

UK unemployment falls as wages growth hits lowest in two years

by
Phillip Inman
from on (#6PY6K)

Rachel Reeves says there is more to do in supporting people into employment and she will take action in budget

The UK jobs market bucked predictions of a further weakening in June after official figures showed unemployment fell and wages stayed well above inflation, sending the value of the pound higher.

Unemployment unexpectedly dropped to 4.2% from 4.4% in the three months to June from the previous three months, according to data from the Office for National Statistics (ONS) released on Tuesday.

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