UK employment at record high despite Brexit vote
Latest figures from the Office for National Statistics shows there are 31.77m people now in work – up by more than 550,000 in the past year. Tony McDonough reports.
Britain’s vote to leave the European Union has had no adverse affect on the jobs market, official figures show.
The number of people in work is at a record high with nearly 175,000 more people in work up until July, compared to the previous three months.
However, the data from the Office for National Statistics (ONS) did show a slowing in the rate of wage growth – leaving households with tight budgets vulnerable to possible rising inflation.
The ONS said there are 31.77m people now in work – up by more than 550,000 in the past year and by 2.7m since 2010.
The employment rate in the UK continues to run at a record high of 74.5%, and the unemployment rate holds firm at 4.9% – its lowest in more than 10 years.
Work and Pensions Secretary of State, Damian Green, said: “It’s great to see another record-breaking set of figures out this month with the unemployment rate at a 10-year low and wages growing healthily.
“We know that there are fewer children living in workless households too, which underlines our efforts to help people move into employment and to build a Britain that works for everyone, not just the privileged few.”
The jobless rate was 4.9%, unchanged from the three months to June.