Official figures show that household incomes in Britain continue to be squeezed even though the country's unemployment rate remains at its lowest level in 42 years.
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The Office for National Statistics said Wednesday that average weekly earnings including bonuses increased by 2.2 percent in the three months to August from the same period a year ago. Excluding bonuses, average earnings were 2.1 percent higher.
Whichever measure is used, earnings continue to lag inflation. Inflation stood at 2.9 percent in August and rose to 3 percent in September, its highest level since 2012.
Separately, the statistics agency said unemployment fell by 52,000 on a quarterly basis to 1.44 million. That lowered the unemployment rate by 0.2 percentage point on a quarterly basis to 4.3 percent, its joint-lowest since 1975.