empty
 
 

2017.08.1604:51:00UTC+00UK Jobless Rate Falls In Q2

The UK unemployment rate declined in the second quarter, data from the Office for National Statistics showed Wednesday.

The ILO unemployment rate fell to 4.4 percent in the second quarter from 4.9 percent a year ago. This was the lowest since 1975.

Economists had forecast a rate of 4.5 percent, the same as seen in three months to May.

The number of unemployed decreased by 57,000 from first quarter to 1.48 million.

The employment rate came in at 75.1 percent, the highest since comparable records began in 1971.

Average earnings including bonuses increased 2.1 percent annually, faster than the expected 1.8 percent.

In July, the claimant count held steady at 2.3 percent. The number of people claiming unemployment benefits decreased by 4,200 from June.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback