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Construction redundancies fail to fall

The construction industry made 18,000 people redundant in the three months to October, the same number as a year earlier, figures from the Office for National Statistics show.

Although redundancy rates have fallen from 38,000 in July to September 2009, the number has failed to fall below 17,000 this year.

The ONS also revealed that average weekly earnings in construction for reached £543 in September, up 1.8 per cent on a year ago. But annual wage inflation was down from 2.5 per cent in August.

The figures come against a back drop of unemployment rising by 129,000 to 2.62 million. The jobless total among 16 to 24-year-olds rose to 1.02 million.

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