Thursday, Jun 4, 2015Thursday, Jun 4, 2015
Business
 

British official unemployment rate drops to 6.8%

Published on May 14, 2014 5:11 PM
 
The British unemployment rate has fallen to a five-year low point of 6.8 per cent, official data showed on Wednesday, May 14, 2014, as the economic recovery gathers strength. --PHOTO: REUTERS

LONDON (AFP) - The British unemployment rate has fallen to a five-year low point of 6.8 per cent, official data showed on Wednesday, as the economic recovery gathers strength.

The rate for the January-March period compares with 6.9 per cent for the three months to the end of February, the Office for National Statistics (ONS) said in a statement.

The ONS added that the number of unemployed fell by 133,000 people to 2.21 million between January and March

Employment surged to 30.43 million - which was the highest level since records began in 1971.

 
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!

Videos