Crowd
Crowd

The growth of wages in the UK remained strong between May and July despite a slight fall on 11-month highs seen last month, according to the Office for National Statistics (ONS).

The ONS said that wages, excluding bonuses, grew by 3.8% during the period. Meanwhile, unemployment was 3.8% compared with 4% in the same period last year.

The employment rate was 76.1%, the joint highest on record, taking the total number of people aged 16 or over in employment to 32.78 million.

The figures show a rise in women in work as a key factor, with more than 280,000 females joining the workforce.

ONS head of labour market statistics David Freeman said: “The employment rate has remained fairly constant at a joint record high for some months now, while the unemployment rate was last lower at the end of 1974.

“Vacancies continue to fall back from recent record highs, with much of this decline coming from small businesses.”