UK jobless rate falls again to 3.8% in three months to February
12 Apr 2022
Financial Post
UK jobless rate lowest since 2019, but inflation eats into pay""Reuters UKUK Labor Market Tightens Again as Employment Rises, Unemployment Falls""MarketWatchUnemployment falls again in North East but remains highest in UK""Chronicle LiveScotland's jobs pi
Article content
LONDON — Britain’s unemployment rate fell to 3.8% in the three months to February, official figures showed on Tuesday.
A Reuters poll of economists had pointed to the jobless rate falling to 3.8% from a previous reading of 3.9%.
The number of job vacancies hit a fresh record high in the three months to March at 1.288 million, a reminder of the potential inflationary heat in the labor market that has the Bank of England on alert as it raises interest rates. (Reporting by William Schomberg; editing by David Milliken)