British unemployment hits 7 yr low

AFP, LONDON: Britain's unemployment rate hit a new seven-year low in the third quarter, while employment struck a record high, official data showed yesterday.
The rate -- the proportion of the labour force without work -- for the three months to the end of September slid to 5.3 per cent, a level last seen in early 2008.
That compared with 5.4 per cent in the three months to the end of August, the Office for National Statistics (ONS) added in a statement. The jobless total dipped by 103,000 to 1.75 million people between July and September, which was also a seven-year low.
The number of people in work hit a record high 31.2 million, 419,000 more than a year ago and up by 177,000 over the quarter.

British unemployment hits 7 yr low

AFP, LONDON: Britains unemployment rate hit a new seven-year low in the third quarter, while employment struck a record high, official data showed yesterday. The rate -- the proportion of the labour force without work -- for the three months to the end of September slid to 5.3 per cent, a level last seen in early 2008. That compared with 5.4 per cent in the three months to the end of August, the Office for National Statistics (ONS) added in a statement. The jobless total dipped by 103,000 to 1.75 million people between July and September, which was also a seven-year low. The number of people in work hit a record high 31.2 million, 419,000 more than a year ago and up by 177,000 over the quarter.