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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

UK unemployment falls as wages growth hits lowest in two years

Unemployment United Kingdom Rachel Reeves
Commuters cross London Bridge
Wages growth in the finance and business services industry outpaced other sectors. Photograph: Hollie Adams/Reuters

The UK jobs market bucked predictions of a further weakening in June after official figures showed unemployment fell and wages stayed well above inflation, sending the value of the pound higher.

Unemployment unexpectedly dropped to 4.2% from 4.4% in the three months to June from the previous three months, according to data from the Office for National Statistics (ONS) released on Tuesday.

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