Unemployment rate dips as pay growth slows

The complaint of unemployment has fallen somewhat and wage maturation has slowed, latest authoritative figures show.

The jobless complaint fell to 4% betwixt June and August, down from 4.1% antecedently the Office for National Statistics (ONS) said.

Regular pay, excluding bonuses, grew astatine an yearly gait of 4.9%.

While that marked a slowdown, wages are inactive rising faster than inflation.

The complaint of radical considered "economically inactive" - defined arsenic those aged betwixt 16 to 64 years aged not successful enactment oregon looking for a occupation - edged little to 21.8%, the ONS said.

The fig of occupation vacancies besides decreased, falling to 841,000 successful the July to September period.

“Vacancies person fallen erstwhile more, with astir industries seeing a autumn connected the quarter," said David Freeman of the ONS.

"However, the full inactive remains a small supra its pre-pandemic level.”