This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-37997713
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| UK unemployment falls to 11-year low | |
| (35 minutes later) | |
| UK unemployment fell by 37,000 to 1.6 million in the three months to September, hitting an 11-year low. | |
| The jobless rate fell to 4.8% in the same period, while the number of people in work went up by 49,000, said the Office for National Statistics (ONS). | |
| Average weekly earnings grew by 2.3% in the year to October including bonuses and by 2.4% excluding bonuses. | |
| The Bank of England has forecast that unemployment is set to rise amid uncertainty over Brexit. | The Bank of England has forecast that unemployment is set to rise amid uncertainty over Brexit. |
| However, the ONS said the latest figures brought the unemployment rate to its lowest level since the three months to September 2005. | |
| The total number of people in jobs remained at a record high of 31.8 million, the figures showed. | |
| However, analysts pointed out that the pace of jobs growth was slowing and attributed this to the effects of the UK's vote to leave the EU. | |
| "The Leave vote is starting to sap the jobs recovery of its previous strength," said Ruth Gregory, UK economist at Capital Economics. | |
| "Employment growth slowed sharply - with the 49,000 rise in the three months to September down from August's 106,000 and well below the consensus forecast of 91,000." | |
| The number of self-employed people increased by 213,000 to 4.79 million - 15.1% of all people in work. | |
| Meanwhile, the number of people claiming unemployment benefits in October increased by 9,800, the biggest rise since May, the ONS said. |