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U.K. Jobless Claims Fall Unexpectedly

U.K. jobless claims declined unexpectedly in July, data from the Office for National Statistics showed Wednesday.

The number of people claiming unemployment benefits declined by 4,900 in July from June, while it was expected to rise by 1,000. The claimant count rate held steady at 2.3 percent as expected by economists.

During April to June, the unemployment rate was 5.6 percent, compared to 5.5 percent in three months to March, but down notably from 6.3 percent in the same period of last year.

There were 1.85 million unemployed people in April to June, 25,000 more than in January to March period.

Average earnings including bonuses increased 2.4 percent from last year. Excluding bonus, pay climbed 2.8 percent.

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