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Jobless rate in UK falls Nov 13,2013 0 Comments

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BBC: The number of unemployed people in the UK fell by 48,000 to 2.47 million between July and September, the Office for National Statistics has said.

The unemployment rate fell to 7.6%, the lowest rate in more than three years.

The Bank of England has said it will not consider raising interest rates from their record low of 0.5% until the unemployment rate falls to 7%.

The number of people claiming Jobseeker’s Allowance fell by 41,700 to 1.31 million in October.


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