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UK payrolled employment fell -11k in Sep, pay growth slowed to 5.7% yoy

In September, UK payrolled employment fell -11k. Median monthly pay rose 5.7% yoy, slowed notably from August’s 7.7% yoy. Annual growth in median pay was highest in the transportation and storage sector, with an increase of 13.5%, and lowest in the health and social work sector, with a decrease of -0.3%.

In the three months to August, unemployment rate fell from 4.3% to 4.2%, below expectation of 4.3%.

Full UK employment release here.

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