ECONOMICS COMMENTARY
Jan 22, 2014
UK unemployment rate falls to 7.1%
The rate of unemployment in the UK continued to collapse in November. The headline rate fell from 7.4% to 7.1% in the three months to November, its lowest since March 2009. All eyes turn to the Bank of England to see how forward guidance will be modified to account for the far-faster than anticipated improvement in the labour market.
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