The UK's official jobless rate has declined again, hitting its lowest level since 1975, showing an economy that is still adding jobs despite an overall growth slowdown and falling real wages.
The Office for National Statistics reported that the unemployment rate was 4.4 per cent in the three months to June, down from 4.6 per cent in the previous quarter.
The overall economy also added 125,000 jobs in the three months, taking the overall 16-64 employment rate tp 75.1 per cent, up from 74.8 previously.
However, average pay was still subdued, with average weekly earnings in the three months up at an annual rate of 2.1 per cent.
This was higher than the 1.8 per cent City of London analysts had forecast, but well below the latest inflation rate of 2.6 per cent.
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