Employment in the U.K. reached a record high and wages excluding bonuses grew at the fastest pace in a decade, but the unemployment rate increased in the three months to June.
The annual growth in average weekly earnings excluding bonuses accelerated at the fastest pace since the second quarter of 2008 to 3.9% in the three months to June, data from the Office for National Statistics showed.
Wages including bonuses grew 3.7% on an annual basis, compared with 3.5% in the previous rolling three-month period. The latest reading was in line with the Econoday consensus estimate.
The economy's unemployment rate was estimated at 3.9% in the three-month period, higher than the Econoday consensus estimate and the reading for the three months to May, both at 3.8%. The employment rate remained unchanged at 76.1%.
Employment grew by 115,000 in the three months to June to reach a record high of 32.81 million, while unemployment increased by 31,000 to 1.33 million.
The economic inactivity rate came in at 20.7%.