India, Aug. 12 -- The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday.
The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
Annual growth in employees' average earnings excluding bonuses remained steady at 5.0 percent in the three months to June period, which was faster than the expected increase of 4.7 percent.
However, total earnings including bonuses climbed 4.6 percent, which was slower than the 5.0 percent increase in the preceding period.
Payroll employees decreased ...