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The UK unemployment rate remained unchanged at the lowest level since 1975

2018-05-15 09:26 am | Resource: NEWS | No Views : 120

The UK unemployment rate remained unchanged at the lowest level since 1975, the Office for National Statistics showed Tuesday.

The ILO jobless rate remained at 4.2 percent in the first quarter, but down from 4.6 percent a year ago. This was the joint lowest since 1975.

There were 1.42 million unemployed in the first quarter, which was 46,000 fewer than for October to December period.

At the same time, the employment rate was 75.6 percent, the highest since comparable records began in 1971.

Average earnings of employees including bonuses grew 2.6 percent from last year, while earnings excluding bonuses advanced 2.9 percent in three months to March.

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USD/JPY Technical analysis 15 January 2019

Time frame Used - four hours The USDJPY is moving in a sideway direction in the near term. The USDJPY is still facing resistance and selling pressure around the resistance level of 108.55 and is still suffering from signs of weakness and low volatility for the USD/JPY pair despite its consolidation above the 106.80 level , and the USD/JPY is unable to surpass the Bollinger's moving average line. In view…

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