UK unemployment has fallen to its lowest level since 1974 in Q1

UK unemployment has fallen to its lowest level since 1974 in Q1

The UK unemployment rate fell to 3.7% in the first quarter of this year from 3.8% in the previous three months, the National Statistics Office (ONS) said on Tuesday. As a result, the index fell to its lowest level since 1974.




Weekly wages, excluding bonuses, increased by 4.2% year-on-year in the first quarter, but fell by 1.2% in line with inflation.

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