UK real wages squeeze continues as employment total falls – business live

All the day’s economic and financial news, including rolling coverage of the latest UK labour market report

Breaking! The number of people in employment across the UK has fallen, for the first time in nearly a year.

There were 32.06 million people in work in July-September, which is a 14,000 drop on the previous quarter.

*U.K. 3Q EMPLOYMENT FALLS 14,000, FIRST DECLINE SINCE 2016

Britain’s jobless rate remains at a 42-year low of just 4.3%.

Unemployment fell by 59,000 between July and September to 1.42 million, the Office for National Statistics says. That’s 182,000 less than a year earlier.

Continue reading…

For more details, click on: UK real wages squeeze continues as employment total falls – business live