UNEMPLOYMENT has risen again, while wage growth has dropped to its lowest level in four years.
The latest figures from the Office for National Statistics (ONS) show the jobless rate reached 4.8% in the three months to August.
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This is up from the previous months reading of 4.7%.
Liz McKeown, director of economic statistics, ONS, said: “After a long period of weak hiring activity, there are signs that the falls we have seen in both payroll numbers and vacancies are now levelling off.
“We see different patterns across the age ranges with record numbers of over 65s in work, while the increase in unemployment was driven mostly by younger people.”
Wage growth, for private sector employees, fell to its lowest level in four years.
The figure hit 4.4% over August, while public sector workers saw wage growth rise by 6%.
