UK payrolled employment falls -59k in Aug, unemployment rate ticks down to 4.1% in Jul

In August, UK payrolled employees fell by -59k or -0.2% month-on-month, marking a significant contraction. Meanwhile, median monthly pay increased by 6.2% yoy, an acceleration from the previous month’s 5.5%. Claimant count rose by 23.7k to 1.792m, below the expected 95.5k rise. For the three months leading up to July, unemployment rate fell slightly from […]

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