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Wages show fastest rise in almost a decade | |
(35 minutes later) | |
Wages rose at the fastest pace in nearly a decade in the three months to September, Office for National Statistics (ONS) figures show. | |
Compared with a year earlier, wages excluding bonuses, rose by 3.2% - the biggest rise since the end of 2008 and up slightly on the previous quarter. | |
The unemployment total went up for the first time this year, rising by 21,000 in the same period to 1.38 million. | |
However, the ONS warned that real wage growth was below the 2015 level. | |
Adjusting for inflation average weekly earnings increased by 0.9% excluding bonuses. | |
The unemployment rate rose to 4.1% from 4.0% in the period from July to September, mainly because of an increase in the number of men out of work. | |
However, the employment total continued to increase - going up by 23,000 to a record high of 32.4 million. | |
The unemployment rate of UK nationals (4.2%) was higher than that of EU nationals from the other 27 member countries (3.5%). |