U.K. Jobless Rate Remains Stable In August
LONDON (dpa-AFX) - British unemployment rate held steady in August, while jobless claims rose less-than-expected in September, figures from the Office for National Statistics showed Wednesday.
The ILO jobless rate came in at 4.9 percent in the three months ended August, unchanged from the three months to July. The figure also matched consensus estimate.
Average earnings including bonus climbed 2.3 percent in August from a year ago, in line with expectations.
The number of people claiming unemployment benefits grew by 700 in September from August, below economists' forecast for an increase of 3,200.
The claimant count rate climbed 2.3 percent in September, slightly faster than the 2.2 percent rise expected by economists.
Copyright RTT News/dpa-AFX