The unemployment rate was 8.1% down 0.1% on the quarter. It means the number of unemployed people fell by 7,000 to 2.59m. The employment rate was up 0.5% to 71.2% which represents an increase of 236,000 to 29.56m people.
Total pay which includes bonuses increased by 1.5% on last year to £471/week in July 2012. Regular pay (excluding bonuses) increased by 1.9% to £443/week, an increase of 0.1% on the three months to June. Average weekly hours worked amounted to 31.6 during the three months to July.
Labour disputes cost 9,000 working hours from 17 disputes in July. In the 12 months to July total hours lost due to labour disputes amounted to 1.24m from 129 stoppages. These include time lost due to strikes by several trade unions over disputes related to pension schemes for public sector workers.
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