Official: Average Earnings Outpace Inflation

Average UK earnings increased by 1.7% in the year to February, above the inflation rate of 1.6%, according to officially released figures.

The Office for National Statistics (ONS) said it was the first time since the spring of 2010 that the consumer price index for inflation had not exceeded pay increases.

It said pay increases averaged 2% in the private sector and 0.9% in the public sector.

It added that the number of people out of work in the UK fell by 77,000 between December and February.

The unemployment rate of 6.9% was the lowest recorded for five years.

The ONS said the total jobless in the period stood at 2.24 million, with a record 30.3 million people in work.

A total of 691,000 people have gained employment in the last year, taking the rate to 72.6%.

It added that the number of people claiming Jobseeker's Allowance last month fell by 30,400 to 1.14 million.

Meanwhile, the number of people in Britain defined as economically inactive, including those caring for relatives or withdrawn from the job market, fell by 86,000 in the latest quarter to 8.8 million.

More follows...

Anda sedang membaca artikel tentang

Official: Average Earnings Outpace Inflation

Dengan url

http://rumputbirukuning.blogspot.com/2014/04/official-average-earnings-outpace.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Official: Average Earnings Outpace Inflation

namun jangan lupa untuk meletakkan link

Official: Average Earnings Outpace Inflation

sebagai sumbernya