Unemployment rises as pay growth slows again

by Pelican Press
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Unemployment rises as pay growth slows again

The UK’s unemployment rate has risen, official figures suggest, while pay growth continues to slow.

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

However, the Office for National Statistics (ONS) urged caution over giving too much weight to its latest jobs figures due to issues with how it gathers the data.

While wage growth has eased, pay is still rising faster than inflation, which measures the rate of price increases.



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