The UK unemployment rate rose to 4.3% and wages increased by 7.8%, the highest recorded since 2001

MADRID, September 12 (EUROPA PRESS) –

The unemployment rate in the UK reached 4.3% in the May-July period, half a point above the unemployment rate in the previous quarter, according to data published this Tuesday by the UK Office for National Statistics (ONS). which links the rise in unemployment to an increase in the number of unemployed out to 12 months.

Meanwhile, the employment rate in England at the end of the May-July period was 75.5%, down half a point compared to the February and April periods. According to the ONS, the decline in employment was caused by full-time self-employed workers.

Estimates of salaried workers in August showed a monthly decline of 1,000 people compared with the revised figure in July, to 30.1 million people.

Furthermore, from June to August, the number of vacancies decreased by 64,000 people, reaching 989,000, marking the fourteenth consecutive quarterly decline.

The ONS highlighted that, as a result of strikes and labor disputes, 281,000 working days were lost in July, the majority of which were in education, health and social work.

Between May and July, British workers saw their wages rise year-on-year by 7.8%, excluding bonuses, the same figure as in the previous quarter and the biggest increase since 2001, when similar records began.

Total annual growth in average employee salaries, including bonuses, reached 8.5%. In real terms (adjusted for inflation), annual growth was 1.2% for total salary and 0.6% for normal salary (excluding bonuses).

Elena Eland

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