In June, UK payrolled employment decreased by -9k, comparing with May. But payrolled employment was still up 439k comparing with the same month last year. Median monthly pay was up 9.7% yoy, accelerated from May’s 8.4% yoy. Claimant count rose 25.7k, above expectation of 20.5k.
In the three months to May, unemployment rate rose 0.2% to 4.0% compared with the previous three month period. Employment rate rose 0.2% to 76.0%. Economic inactivity rate was down -0.4% to 20.8%. Total weekly hours rose 4.5%. Average earnings including bonus rose 6.9, up from April’s 6.7%. Average earnings excluding bonus rose 7.3%, same as the prior period.
