The speed of unemployment has fallen barely and pay progress has slowed, newest official figures present.
The jobless fee fell to 4% between June and August, down from 4.1% beforehand the Workplace for Nationwide Statistics (ONS) stated.
Common pay, excluding bonuses, grew at an annual tempo of 4.9%.
Whereas that marked a slowdown, wages are nonetheless rising quicker than inflation.
The speed of individuals thought-about “economically inactive” – outlined as these aged between 16 to 64 years outdated not in work or searching for a job – edged decrease to 21.8%, the ONS stated.
The variety of job vacancies additionally decreased, falling to 841,000 within the July to September interval.
“Vacancies have fallen as soon as extra, with most industries seeing a fall on the quarter,” stated David Freeman of the ONS.
“Nonetheless, the whole nonetheless stays slightly above its pre-pandemic stage.”