Wages up as record employment

Wages up amid record low unemployment The UK unemployment rate held its near-record low of 3.8% in the three months to April, according to statistics from the Office for National Statistics, as the jobs market brushed off the continuing Brexit uncertainty. Wages rose 3.4% in the quarter and Britain’s unemployment rate has not been lower since the end of 1974. ONS deputy head of labour market statistics Matt Hughes said: “With employment growth among women coming from full-timers, the overall gap between men and women in hours worked is now the lowest ever.”