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U.K. Jobless Rate Lowest Since Early 2006

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by , 01-20-2016 at 07:52 PM (1085 Views)
      
   
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The U.K. jobless rate fell to its lowest level since early 2006, while the employment rate hit a record high in the three months ended November, and wage growth remained subdued suggesting more time for the Bank of England to decide on a rate hike. In the three months to November, the ILO unemployment rate was 5.1 percent versus 5.8 percent in the same period the previous year.

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