Arab Today, arab today british unemployment rate falls to 74
Last Updated : GMT 02:08:06
Arab Today, arab today
Arab Today, arab today

British unemployment rate falls to 7.4%

Arab Today, arab today

Arab Today, arab today British unemployment rate falls to 7.4%

London - XINHUA

The British unemployment rate dropped to 7.4 percent for the three months ending in October, official figures showed on Wednesday. The Office of National Statistics (ONS) said the rate was down 0.3 percentage points compared to the previous period from May to July. The fall was bigger than the previous market prediction and for the first time in the history of Britain, employment exceed 30 million. The ONS said the employment rate for those aged from 16 to 64 for August to October of this year was 72 percent, rising 0.4 percentage points from the previous three months. The number of employed people surged by 250,000 in the three months to October to reach 30.09 million, while the number of jobless dropped 99,000 in the three months to 2.39 million. Mark Beatson, chief economist of the Chartered Institute of Personnel and Development (CIPD), said: "This shows how effective the British labour market is at creating jobs and, with demand picking up and recruitment intentions strong, we can expect to see further jobs growth in the months ahead." He added there were indications that youth unemployment was starting to come down, "although it is still far too high." However, growth of average earning in Britain remained subdued. ONS figures showed average weekly earnings excluding bonus payments rose by 0.8 percent year on year to 448 pounds (733 U.S. dollars) in October. "Unless UK businesses use the improved economic climate to invest in their businesses and their people, we are unlikely to see wage growth pick up any time soon," Beatson said. British central bank, the Bank of England, explicitly targeted 7 percent unemployment as its threshold point for considering a rise in the bank rate from its current historic low of 0.5 percent where it has been since early 2009. The British Chambers of Commerce predicted that Britain would reach its threshold of 7 percent unemployment rate in the third quarter of 2015.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british unemployment rate falls to 74 Arab Today, arab today british unemployment rate falls to 74

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british unemployment rate falls to 74 Arab Today, arab today british unemployment rate falls to 74

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday