Britains unemployment rate remained unchanged at its lowest level since 1975
2018-06-12 12:56 pm | Resource: NEWS | No Views : 86
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.
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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