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Great Britain, applications for unemployment benefits are falling

Zachary Pearce by Zachary Pearce
September 14, 2021
in Economy
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Great Britain, applications for unemployment benefits are falling
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(Teleborsa) – The unemployed claimant count is down, which in August decreased by 58,600 units, after reporting a drop of 7,800 units in July. The data is published byOffice for National Statistics (ONS).

It falls in July on unemployment rate dropped to 4.6% compared to 4.7% in June, which is in line with the consensus.

In the three months to July, employment increased by 183,000 units, after the +95 thousand units of the previous month. The market estimates were for growth of 178,000 units.

Finally, the average wage growth rate again in July showed an increase of 6.8% excluding bonuses (as expected by analysts), compared to the previous + 7.3% and grew by 8.3% also including this component (consensus + 8.2%) against + 8.8% of the previous month.

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Tags: applicationsbenefitsBritainFallingfinancegreatunemployment
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