U.K. Unemployment Increased in August
By Jason Douglas and Joe Wallace
LONDON--The number of people out of work in the U.K. rose over
the summer, a sign that a long spell of employment growth may be
running out of steam.
The number of unemployed people rose by 22,000 in the three
months through August, the Office for National Statistics said
Tuesday, taking the jobless rate to 3.9%, from 3.8% for the three
months through May.
The number of people in work fell, while the number of people
exiting the workforce because of illness or study increased, data
The figures suggest Britain's yearslong jobs boom may be nearing
its peak, as uncertainty over the country's future ties to the
European Union weighs on growth.
Still, the number of people out of work in August was 49,000
lower than a year earlier.
Wage growth slowed to 3.8% in the three months through August,
excluding bonus payments, compared with 3.9% over the three months
Write to Jason Douglas at Jason.Douglas@wsj.com
(END) Dow Jones Newswires
October 15, 2019 04:47 ET (08:47 GMT)
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