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UK 'unprecedented' wage fall

Wages have fallen by more in real terms during the current economic downturn than ever previously recorded. Research shows one-third of workers who stayed in the same post following the recession suffered a cut or freeze in their wages in 2010-11.

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Unemployment falls by 5,000 to 2.51 million

UK unemployment fell by 5,000 between February and April to 2.51 million, according to official figures today.

The number of people claiming jobseeker's allowance last month fell by 8,600 to 1.51 million, said the Office for National Statistics.

Average earnings increased by 1.3 percent in the year to April, 0.7 percent up on the previous month.

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