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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 : 115

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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USD/JPY Technical analysis 18 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 109.07 trying to breach this level to the upside, but we note that the USD/JPY moves between the upper boundary and the moving average line of the Bollinger indicator. In view of the technical indicators Both the RSI…

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