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The UK economy grew at its fastest pace for nine years in the 2Q, official figures have confirmed. Final revised GDP figures for the quarter show a rise of 1.2% – unchanged from first estimates – thanks to a pick-up in the construction industry and strong household spending. In the first quarter growth was edged [...]
Job gains last month were largely in low-paying industries — leisure and hospitality, and the temporary-help industry. Manufacturing payrolls grew by 9,000, but that was much smaller than the average of 25,400 in the prior five months. And the construction industry shed another 22,000 jobs in June. Although the jobless rate in June fell from [...]
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