Unemployment Rate 5.1%
Unemployment or British jobless rate came in at 5.1 percent in the three months to February of 2016, the same as in the previous three periods, staying at the lowest in nearly ten years. Figures came in line with market expectations although the number of people unemployed increased for the first time since mid-2015 and the employment gain was the weakest since June.
There were 1.70 million unemployed people, 21,000 more than for September to November 2015 but 142,000 fewer than for a year earlier.
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