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UK jobless rate falls to lowest since mid-70s

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Britain's unemployment rate in the first three months of the year has fallen to 3.8%, a rate that it has not been lower than since late 1974.The Office for National Statistics said unemployment rates had been falling for the past five years. For men the rate was 3.9% - it has not been lower since March to May 1975 - and for women it was 3.7% - the lowest since comparable records began in 1971.Excluding bonuses, average weekly earnings for employees rose by 3.3%.
The ONS estimated that, for January to March 2019, 32.70 million people aged 16 years and over were in employment, 354,000 more than for a year earlier.
This increase was due entirely to more people working full-time, the ONS said.The unemployment rate of 3.8% was last matched in the three-month period from November 1974 and was lower, at 3.7%, in the last three months of 1974.Ben Brettell, senior economist, Hargreaves Lansdown said; "Just how low can [unemployment} go
Office for National Statistics
UK economy
Unemployment
Pay
Employment
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