Rolling coverage of the latest economic and financial news
- Latest: UK jobless rate at 45-year low, but earnings under pressure
- Introduction: markets fear cliff-edge Brexit
- Pound has fallen back to $1.325
- Full story: Brexit: Boris Johnson will amend bill to outlaw extension
There’s a real gender split in today’s unemployment report.
The number of employed men jumped by 54,000 on the quarter to 17.31m, while the number of employed women fell by 30,000 to 15.49m. That reverses a recent trend, which has seen more women entering the labour market (partly due to pension changes).
Not so good news! Estimated annual growth in average weekly earnings for employees in Great Britain slowed to 3.2% for total pay (including bonuses) and 3.5% for regular pay (excluding bonuses);