UK jobless rate dips to 44-year low | 2019-01-23 | daily-sun.com

UK jobless rate dips to 44-year low

    23 January, 2019 12:00 AM printer

LONDON: Britain's unemployment rate has fallen to the lowest level in 44 years, official data showed Tuesday, as the labour market shrugged off Brexit uncertainty.

The jobless rate -- the proportion of the workforce that is unemployed -- stood at 4.0 percent in the three months to November, the lowest level since 1975, the Office for National Statistics said, reports AFP.

That marked a decline from 4.1 percent in the three months to October, the ONS added in a statement, while expectations had been for no change.

Wages meanwhile grew at the fastest pace for a decade, in upbeat data published two months before Britain exits the EU.


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