• Sunday, August 14, 2022

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UK Unemployment Rate Remains At 43-Year Low In June-August Period

The unemployment rate decreased by 0.1 percentage points to 4.0 per cent and by 0.3 percentage points on the year, said Office for National Statistics on Tuesday (16). (Photo: OLI SCARFF/AFP/Getty Images).

By: Radhakrishna N S

The number of unemployed people in the UK has remained at the lowest in 43 years by falling 47,000 to 1.36 million during the three months to August 2018. The unemployment rate decreased by 0.1 percentage points to 4.0 per cent and by 0.3 percentage points on the year, said UK’s Office for National Statistics (ONS) on Tuesday (16). The number of unemployed people aged 16 years and older in the UK fell by 47,000 to 1.36 million in the three months to August 2018. The number of unemployed women decreased by 24,000 and that of men decreased by 23,000.…

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