Pound dragged lower by soft UK jobs and earnings data
Posted on August 12, 2015 at 10:04 am GMTUK unemployment showed signs of cooling off in June as the ILO measure of unemployment rose by 25,000 to 1.85 million in the three months to June. The unemployment rate stayed unchanged at 5.6%. Total employment fell by 63,000 over the quarter to 31.03 million, but was still higher than a year ago by 354,000 and the employment rate fell slightly to 73.4%. An unexpected drop in the number of people claiming unemployment benefits, which is one month ahead of [..]