Unemployment rate falls to 4.3% as wages stagnate

[scooterscot]

Amazing isn't it? Soon there'll be no unemployed working able people left in the UK.

What's really going on here? Tory's doing a first class job managing the economy? Cause the economy or productivity levels don't appear to be improving, in fact the reverse.

Or an ever increasing ageing population with fewer employable people messing up the stats?

Unemployment in the UK fell by 75,000 in the three months to July, official figures show, bringing the jobless rate down to 4.3%.

This is a fresh 42-year low, but a squeeze on real incomes continues.

Wages in the period were 2.1% higher than a year earlier, little changed from previous months' growth rates.
With inflation hitting 2.9% in August, its joint highest in more than five years, wages are failing to keep up. In real terms, wages dropped by 0.4%.

source: Unemployment rate falls to 4.3% as wages stagnate - BBC News

[The_Equalizer]

Amazing isn't it? Soon there'll be no unemployed working able people left in the UK.

What's really going on here? Tory's doing a first class job managing the economy? Cause the economy or productivity levels don't appear to be improving, in fact the reverse.

Or an ever increasing ageing population with fewer employable people messing up the stats?

I see Lord Haw Haw is up.

[Platypus]

I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
pound rises again, not a peep

[The_Equalizer]

I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
pound rises again, not a peep

We're still importing a shed load of people which will cap wage growth.

[Hobosapien]

Many are employed part time on part time wages, so yes both unemployment and wage figures will be reduced, while working tax credits and whatever other supplements they qualify for/need are higher than if they were in full time work at full time wages.

[OwlHoot]

I see Lord Haw Haw is up.

or as scooter would probably spell it, Lawd Huagh Hore

[OwlHoot]

rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
pound rises again, not a peep

Yup, standard BBC drill, also rather like

Several army guys arrested on suspicions of neo-Nazi links - big hoo hah
All of them almost immediately released without charge - not a peep

[WTFH]

Unemployment rate falls to 4.3% as wages stagnate

I think that "wages stagnating" is the BBC desperately putting -ve spin on +ve news.

rather like "pound falls" = expensive foreign holidays, inflation up, economy weak
pound rises again, not a peep

Yup, standard BBC drill, also rather like

Several army guys arrested on suspicions of neo-Nazi links - big hoo hah
All of them almost immediately released without charge - not a peep

Maybe because it doesn't fit your narrative when the BBC reports something that you consider positive?

http://www.bbc.co.uk/news/business-41237552

http://www.bbc.co.uk/news/uk-41218006
http://www.bbc.co.uk/news/uk-41241153
Bad BBC for daring to report this when they are only supposed to report news that makes them seem biased

[BlasterBates]

After Brexit it will be back to 1970's style high wage growth.

[The_Equalizer]

After Brexit it will be back to 1970's style high wage growth.

Backup has arrived in the form of random assumptions.