• UK unemployment rate has unexpectedly declined since January to March 2019

Market news

14 May 2019

UK unemployment rate has unexpectedly declined since January to March 2019

Office for National Statistics said the UK employment rate was estimated at 76.1%, higher than for a year earlier (75.6%) and the joint- highest figure on record. For men was 80.3%; slightly higher than for a year earlier (80.0%), for women was 71.8%, the joint-highest since comparable records began in 1971

The UK unemployment rate was estimated at 3.8%; it has not been lower since October to December 1974.

The UK economic inactivity rate was estimated at 20.8%, lower than for a year earlier (21.1%) and close to a record low.

Excluding bonuses, average weekly earnings for employees in Great Britain were estimated to have increased by 3.3%, before adjusting for inflation, and by 1.5%, after adjusting for inflation, compared with a year earlier.

Including bonuses, average weekly earnings for employees in Great Britain were estimated to have increased by 3.2%, before adjusting for inflation, and by 1.3%, after adjusting for inflation, compared with a year earlier.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.