Official figures show unemployment has fallen in the UK in recent weeks, perhaps indicating the country's economy is on a firmer footing.
Data from the Office for National Statistics showed the unemployment rate for March to May 2013 was 7.8 per cent of the economically active population, down 0.2 percentage points from December 2012 to February 2013.
It was revealed by the body that there were 2.51 million unemployed people in total, which is down 57,000 from December 2012 to February 2013.
Total pay was shown to have risen by 1.7 per cent and regular pay was up by one per cent, but the employment rate for those aged from 16 to 64 for March to May 2013 was 71.4 per cent, a small drop of 0.1 percentage points from the previous labour market report.
The latest data from the Organisation for Economic Cooperation and Development recently claimed jobless rates are expected to fall only slightly over the next 18 months.
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Data from the Office for National Statistics showed the unemployment rate for March to May 2013 was 7.8 per cent of the economically active population, down 0.2 percentage points from December 2012 to February 2013.
It was revealed by the body that there were 2.51 million unemployed people in total, which is down 57,000 from December 2012 to February 2013.
Total pay was shown to have risen by 1.7 per cent and regular pay was up by one per cent, but the employment rate for those aged from 16 to 64 for March to May 2013 was 71.4 per cent, a small drop of 0.1 percentage points from the previous labour market report.
The latest data from the Organisation for Economic Cooperation and Development recently claimed jobless rates are expected to fall only slightly over the next 18 months.
Disclosure: FX Solutions assumes no responsibility for errors, inaccuracies or omissions in these materials. FX Solutions does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FX Solutions shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials.
The products offered by FX Solutions are leveraged products which carry a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.