Saturday, May 28

UK jobless rate falls to 3.9% in three months to January


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LONDON — Britain’s unemployment rate fell more than expected to 3.9% in the three months to January, when the country was facing the Omicron wave of coronavirus, official figures showed on Tuesday, below forecasts in a Reuters poll for a drop to 4.0%.

The number of job vacancies hit a fresh record high in the three months to February at 1.318 million, underscoring the labor shortage facing many employers. (Reporting by David Milliken Editing by William Schomberg)



financialpost.com