The UK unemployment rate remained unchanged at the lowest level since 1975
2018-05-15 09:26 am | Resource: NEWS | No Views : 87
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.
Time frame Used - four hours The USDJPY is moving in a bullish direction in the near term The purchasing power managed to control the movement of the USD/JPY pair to reach the resistance level of 112.73 where it faces selling pressure around this level, but looking at the chart, we find that the USD/JPY pair forming a technical pattern called inverted head and shoulders Therefore, we expect that the…
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