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UK's Unemployment Rate Falls To 5%, BoE To Stay Pat On Interest Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Unemployment in Britain declined to the lowest level since Ocotber 2005, indicating that the UK labour market has continued to tighten. The jobless rate slid to 5% in the three months through April, according to the Office for National Statistics. The decline came as a surprise to economists, who had[​IMG]

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