UK unemployment rate rises slightly to 3.6%
The Resolution Foundation, a think tank focused on improving the living standards of those on low-to-middle incomes, said this was "unsustainable" as it made it harder to recruit and retain public sector staff.
"August and September saw well over half a million working days lost to strikes, the highest two-month total in more than a decade," said Darren Morgan, director of labour and economic statistics at the ONS.Josh Hawker says his business has limited scope to boost salaries "I'm getting really fed up with reading resignation letters that say: 'I love my job, I don't want to go, I love looking after the residents but I have to put my family and myself first,'" Mr Hawker says.
Perhaps the starkest number contained in the latest employment figures is the record gap between pay rises in the private and public sectors. But what is most baffling to economists is that the size of the potential workforce continues to shrink. Some have left the country after Brexit, many are choosing to stay in education, but the increase in the over-50s who are unwilling or unwell enough to work continues to rise despite the rising economic pressures on household incomes.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wages rise by more than expected but unemployment also grows, Office for National Statistics showWage growth picked up by more than expected over the three months to September, according to official figures also showing a rise in the jobless rate.
Read more »
Millions of workers face pay cut as wages fall 2.7% - what it means for youMILLIONS of workers are facing a cut to pay as inflation eats into household earnings. New figures released today by the Office for National Statistics (ONS) show that regular pay in…
Read more »
Wages rise by more than expected but unemployment also grows, Office for National Statistics figures showThe latest wage figures will likely concern policymakers at the Bank of England who fear increases will fuel inflation further down the line.
Read more »
Record wage rises still outpaced by soaring inflationUnemployment rate rose slightly to 3.6% in the three months to September, up from 3.5% in August, official figures show
Read more »
Rishi Sunak ducks 3% defence spending commitment - but points to 'track record' on investmentThe prime minister will not stick to the pledge made by his predecessor to increase defence spending, but insists ahead of the autumn statement that the UK has 'a very strong position' on the matter.
Read more »