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| Version 1 | Version 2 |
|---|---|
| Pay rising as unemployment falls | Pay rising as unemployment falls |
| (10 minutes later) | |
| Average UK wages experienced stronger than expected growth between May and July as unemployment fell again. | Average UK wages experienced stronger than expected growth between May and July as unemployment fell again. |
| The Office for National Statistics (ONS) said average pay was 3.5% higher than at the same time last year. | The Office for National Statistics (ONS) said average pay was 3.5% higher than at the same time last year. |
| The rise came despite public sector wages growing at their weakest rate since May 1998. | The rise came despite public sector wages growing at their weakest rate since May 1998. |
| Meanwhile, the number claiming benefits fell by 4,200 to 852,900 taking the unemployment rate to 2.6% - its lowest level since April 2005. | |
| The fall in people claiming benefits was much smaller than expected. | The fall in people claiming benefits was much smaller than expected. |
| "Pay growth has picked up a little but overall wage pressures remain subdued," said Philip Shaw from Investec. | "Pay growth has picked up a little but overall wage pressures remain subdued," said Philip Shaw from Investec. |
| "The divergence between public and private sector wage growth shows the squeeze that is being placed on public sector pay," he added. | "The divergence between public and private sector wage growth shows the squeeze that is being placed on public sector pay," he added. |