Officially UK Unemployment Rate Falls To 4.3%

The UK unemployment rate fell to 4.3% in the 3 months to July 2017, the lowest since 1975.

The inactivity rate declined by 0.3 percentage points in the 3 months ending July 2017, to a record low of 21.2%.

Real average weekly earnings fell by 0.4% in the 3 months to July 2017, both including and excluding bonuses compared with a year earlier.

The underemployment rate declined by 0.7 percentage points on the previous quarter, to its lowest since the 3 months to September 2008.