UK Jobless Rate Fell in January
19 March 2019 - 8:55PM
Dow Jones News
By Jason Douglas
LONDON--The jobless rate in the U.K. fell in January to its
lowest level in more than four decades, a sign the labor market
remains healthy despite concerns over Brexit.
The unemployment rate in the U.K. fell to 3.9% in the three
months through January from 4.0% in the three months through
December, the Office for National Statistics said Tuesday, the
lowest rate since 1975.
The number of people in work hit a record high of 32.7 million,
almost half a million more than a year earlier, the ONS said.
Average wages, excluding bonuses, grew at an annual rate of 3.4%,
the same rate recorded in December.
The figures show the labor market continues to perform well
despite a slowdown in growth caused by uncertainty over the U.K.'s
future ties to the European Union.
Write to Jason Douglas at Jason.Douglas@wsj.com
(END) Dow Jones Newswires
March 19, 2019 05:40 ET (09:40 GMT)
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