Unemployment rate in Britain falls to lowest since 1975

[-:Undertaker:-]

Unemployment rate in Britain falls to lowest since 1975

Unemployment rate at lowest since 1975 https://t.co/vVuttWEgs7

— BBC Politics (@BBCPolitics) March 15, 2017

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.

[AngryGeorge]

Let's see how well things go from now on (I mean, the moment the Brexit takes place, if that eventually happens).

Edited to say Hello!

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