The UK employment rate fell slightly in the three months from April to June, driven by fewer full-time employees and self-employed workers, while wages rose at their fastest since 2001.
Estimates from the Office for National Statistics put the employment rate at 75.7% in April to June 2023, 0.1 percentage points lower than January to March 2023. The estimate of employees on payroll for July 2023 showed a monthly increase, up 97,000 on the revised June 2023 figure, to 30.2 million, though this is likely to also be revised. Market confidence rebounds in Q2 as manager performance remains mixed However unemployment also rose during the period, driven by the amount of people out of work for up to six months. The unemployment rate for April to June 2023 increased by...
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