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Unemployment in the UK unexpectedly fell between December and February, according to new data released by the Office for National Statistics on Tuesday.
Britain's labour market has been the subject of much head-scratching in recent years.
Unemployment in the UK unexpectedly fell between November and January, according to new data released by the Office for National Statistics on Wednesday.
The UK's unemployment rate increased from 4.3% to 4.4% over the most recent data period.
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Average earnings increase by 2.4% excluding bonuses — remaining below inflation, but beating forecasts.
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A senior Bank of England official has a ‘hunch’ unemployment will fall below 4% in 2018 – defying Brexit uncertainty
Speaking in London, Michael Saunders said that both labour demand and the broader UK economy will hold up this year, helping push joblessness down.
‘The gap has narrowed’: UK unemployment is close to a record low — and wage growth is finally picking up
The unemployment rate was 4.3% in the three months to October, unchanged from the previous reading.