News & Insights

Unemployment Reducing Again!

Unemployment within the UK has officially edged closer to a six-year low in the three months to the end of June.

The Office for National Statistics have stated that the number of unemployed fell to 6.4% which is the lowest level since late 2008, down from 6.5% in May.

The actual number of unemployed fell by 132,000 to 2.08 million.

It is a point of note however that average wages excluding bonuses rose by 0.6% in the year to June which ironically is the slowest rise since records began in 2001. Further to that, total wages including bonuses, fell 0.2% which is the first recorded fall since 2009.

If you are considering the implications of employing additional staff please feel free to discuss matter with our Employment Team here a Foskett Marr Gadsby and Head LLP.