More people in jobs than ever while wages continue to grow
Gurpreet Narwan, Economics Correspondent
August 14 2019, 12:00am, The Times
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The employment rate is at 76.1 per cent, with 32.81 million people now in workJOE GIDDENS/PA
Wages are rising at their fastest rate in more than a decade and the number of people in work has hit an official high.
Average weekly earnings growth, excluding bonuses, went from 3.6 per cent to 3.9 per cent in the three months to June, compared with the same period last year, the Office for National Statistics said yesterday.
This was the fastest growth rate since June 2008 and higher than the 3.8 per cent figure forecast. The number of people in employment rose by 115,000 to 32.81 million, helped by the fact that the proportion of women aged 16 to 64 who are in work rose to 72.1 per cent, the highest rate recorded.
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The figures offer some hope that the country could avoid…
It’s 72.2 actually
