Unemployment rate has held at 5.1%,while average weekly earnings for employees has risen 2.1% in three months to January UK unemployment has held at a 10-year low and wage growth has edged up, according to official figures that provide a small, and pre-budget boost for George Osborne.
Average weekly earnings for employees rose 2.1% in the three months to January compared with a year earlier,the Office for National Statistics (ONS) said. That was faster than the 2% growth rate in the preceding three months. It also beat economists’ forecasts for another 2% reading in a Reuters poll. Continue reading...
Source: theguardian.com