Unemployment and wage inflation falling

Unemployment and wage inflation are falling, according to official figures out this week. The jobless total dropped to 3.9% in May, its lowest level since 1980, while wages rose 5.1% in the three months to April, down from 5.7% in the three months to March.

Unemployment and wage inflation are falling, according to official figures out this week. The jobless total dropped to 3.9% in May, its lowest level since 1980, while wages rose 5.1% in the three months to April, down from 5.7% in the three months to March.