Workers’ wages grew at 3.4% on average in the three months to May, according to the Office for National Statistics (ONS)
This means workers' wages grew by 1.4% in real terms, compared to Consumer Price Index (CPI) measure of inflation.
Meanwhile, unemployment has reached its lowest level since October-December 1974. Just 3.8% of adults were out of work in the latest data which covers March to May 2019. See the chart below.
Unemployment is classified by the ONS as people without a job who have been actively seeking work within the last four weeks and are able to start work within the next two weeks.
Full-time employment, however, has seen a slight fall.
Pawel Adrjan, UK economist at the global job site Indeed, comments: “After months of consistent growth, the employment rate has fallen for the first time since last year.
“Tiny though the slide is, it’s a hint that Britain’s booming jobs market could finally be colliding with the ceiling of full employment."
The chart below shows the extraordinary change in employment rates for women. Female employment is now at its joint highest level ever, matching the 72% recorded in February to April 2019.
Unemployment for men stands at 4%. For women it is at its lowest level since records began in 1971, now 3.6%.
Mr Adrjan adds: "The unemployment rate is firmly grounded at its historically low level and wage growth is slowly picking up again.
“Most encouraging of all are the signs that more people are re-entering the workforce. Small though it is, the fall in the number of economically inactive people is a reassuring indication that rising wages are tempting more people to get back into work."
How many of those women are on zero hour contracts, been sanctioned or another method of playing with the figures the Tories are notorious for!
There's probably a drop, but only on paper - I doubt they'd be in a well paid job.
Nice to see they spout the same rubbish to try to make a political point - at least Labour didn't move the goal posts so they didn't look good like the Tories have to!
Do you think it might be
Have you considered it could be because all us waspi women can’t retire at 60 and are having yo work up to an extra 6 years. There are 3.8 million of us after all so that may a big factor
They forgot to mention that
Yes fully agree, 50's women are a massive part of that number but hey ho the media choose to ignore that fact.