Market news
14.08.2018, 08:56

UK unemployment rate declined 0.2% to 4.0% in June

Estimates from the Labour Force Survey show that, between January to March 2018 and April to June 2018, the number of people in work increased, the number of unemployed people decreased but the number of people aged from 16 to 64 years not working and not seeking or available to work (economically inactive) increased.

There were 32.39 million people in work, 42,000 more than for January to March 2018 and 313,000 more than for a year earlier.

The unemployment rate (the number of unemployed people as a proportion of all employed and unemployed people) was 4.0%; it has not been lower since December 1974 to February 1975.

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