The UK jobless rate remained unchanged and average earnings growth slowed in the three months to July, the Office for National Statistics said on Tuesday.
The unemployment rate was at 4.7 percent in the three months to July, as expected, and was unchanged from the previous period.
Average earnings excluding bonuses increased 4.8 percent in May to July, which was down from 5.0 percent in the previous three-month period and matched expectations.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.