UK employment rose another 356k in June to 28.9m, but remains -206k below pre-pandemic levels. Nevertheless, employment in some regions, including North East, North West, East Midlands and Norther Ireland, were already back above pre-pandemic levels. Claimant count dropped -114.7k in June.
Employment rate was at 74.8%, -1.8% below pre-pandemic levels. unemployment rate edged up to 4.8% in May, above expectation of 4.7%. That’s also still 0.9% higher than before the pandemic.
Average earnings including bonus rose 7.3% 3moy in May, above expectation of 7.2% 3moy. Average earnings excluding bonus rose 6.6% 3moy, matched expectations.
