-:Undertaker:-
15-03-2017, 02:36 PM
Unemployment rate in Britain falls to lowest since 1975
https://blogs.fco.gov.uk/wp-content/uploads/ekp_file_0__1__great_full_image_1396872130.jpg
841947484192661505
UK unemployment fell in the three months to January but there was a sharp slowdown in wage growth.
The Office for National Statistics (ONS) said the unemployment rate fell to 4.7% - it has not been lower than that since the summer of 1975.
However, wage growth has slowed to 2.3% (excluding bonuses) from 2.6% in the previous three-month period.
Wages are rising above the rate of inflation, which is currently 1.8%, but the gap has narrowed.
Great news.
https://blogs.fco.gov.uk/wp-content/uploads/ekp_file_0__1__great_full_image_1396872130.jpg
841947484192661505
UK unemployment fell in the three months to January but there was a sharp slowdown in wage growth.
The Office for National Statistics (ONS) said the unemployment rate fell to 4.7% - it has not been lower than that since the summer of 1975.
However, wage growth has slowed to 2.3% (excluding bonuses) from 2.6% in the previous three-month period.
Wages are rising above the rate of inflation, which is currently 1.8%, but the gap has narrowed.
Great news.