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Britains unemployment rate remained unchanged at its lowest level since 1975

2018-06-12 12:56 pm | Resource: NEWS | No Views : 68

Britain's unemployment rate remained unchanged at its lowest level since 1975, the National Bureau of Statistics (NBS) said Tuesday.

The unemployment rate remained at 4.2 per cent in the three months to April, but fell from 4.6 per cent a year earlier. This was the lowest level since 1975.

There were 1.42 million people unemployed, 38,000 less than November 2017 to January 2018 and 115,000 fewer than a year earlier.

At the same time, the employment rate was 75.6 percent, higher than the previous year, and the highest since similar records began in 1971.

Average employee earnings, including bonuses, rose 2.5 percent from last year, while earnings excluding premiums rose 2.8 percent in the three months to April.

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USDJPY Technical analysis 20 August 2018

Time frame Used - four hours The USDJPY is moving in a sideway direction in the near term USD / JPY still faces resistance and selling pressure around levels of 111.42 - 111.12 but it is worth mentioning that the USDJPY is trading below the important support level around  the 110.56 level   In view of the technical indicators Both the RSI and the Stochastic are indicating to the arrival…

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