UK jobless rate falls again to 3.8% in three months to February

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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)