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UK wage growth picks up to 11-year high

Wage growth in the UK reached an 11-year high in the year to June, and the employment rate was its joint highest since 1971, official figures show.
Wage growth rose to 3.9%, while the estimated 76.1% employment rate was the best since comparative records began.
Overall, a record high of 32.81 million people were in employment, the Office for National Statistics (ONS) said.
This was 425,000 more than a year earlier and was largely because of more people working full-time.
However, the unemployment rate in the April to June period showed a slight rise.
Figures released last week indicated that the UK's economy shrank 0.2% in the second quarter of the year, the first contraction since 2012.
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