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UK Unemployment Just Hit a 4-Year Low

Dec 18, 2013, 15:13 IST

From the UK's Office Of National Statistics:

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The percentage of people aged from 16 to 64 who were in work (the employment rate) was72.0%. The employment rate is up 0.4 percentage points from May to July 2013 and up 0.8 from a year earlier. There were 30.09 million people in employment aged 16 and over, up 250,000 from May to July 2013 and up 485,000 from a year earlier.

The percentage of the economically active population aged 16 and over who were unemployed(the unemployment rate) was 7.4%. The unemployment rate is down 0.3 percentage points fromMay to July 2013 and down 0.5 from a year earlier. There were 2.39 million unemployed peopleaged 16 and over, down 99,000 from May to July 2013 and down 121,000 from a year earlier.

The pound is up nicely today.

FinViz

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