The number of people unemployed in the UK has fallen unexpectedly for the first time in 18 months.
Total unemployment stood at 2.46 million for the three months to November, down 7,000 on the figure for the previous three months.
It brings to an end the rise in joblessness that began in the summer of 2008 before the UK fell into recession.
The rate of unemployment now stands at 7.8%, down from the 7.9% reported last month.
source BBC
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.