UK unemployment rate falls to 4.8% but claimant count jumps – business live - News Summed Up

UK unemployment rate falls to 4.8% but claimant count jumps – business live


And here’s our economics editor Larry Elliott’s take on the figures:All things considered, the government will be happy with how the labour market performed in the first three months after the EU referendum. Unemployment has continued to fall and at 4.8% of the workforce is at its lowest level for 11 years. Employment has continued to rise and there are plenty of jobs to be had. Ministers would not have expected anything better than that in the turbulent post-Brexit weeks and would have feared a much worse outcome. Another is the rise of almost 10,000 in the claimant count measure of unemployment in October.


Source: The Guardian November 16, 2016 08:03 UTC



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