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UK Unemployment Rose To 4.1% In May-July, As Expected

UK Unemployment Rose To 4.1% In May-July, As Expected

Unemployment in the UK in May-July rose to 4.1% from the April-June level of 3.9%, according to data from the country's Bureau of national statistics (ONS).

The indicator coincided with the forecasts of analysts polled by Reuters.

A year earlier, unemployment in the country was at 3.7%.

The number of unemployed over the age of 16 in may-July was 1.398 million people in Britain, an increase of 62 thousand compared to the figure for February-April and 104 thousand — compared to the same period of the previous year.

The number of employed Britons over the age of 16 in May-July increased in annual terms by 202 thousand and amounted to 32.979 million people or 76.5% of the working-age population.

The average real weekly salary in the country, including bonuses, decreased by 1% in annual terms, while analysts expected it to drop by 1.3%. The indicator excluding bonuses increased by 0.2%, while a decrease of 0.2% was forecast.

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