UK unemployment rate remained unchanged at the lowest level since late 1974 and employment hit a record in three months to April, despite Brexit uncertainties, data from the Office for National Statistics showed Tuesday.
In the three months to April, the ILO jobless rate was 3.8 percent, the lowest since the final quarter of 1974. The rate came in line with expectations.
At 76.1 percent, the employment rate was the joint-highest on record. The number of people in employment increased 32,000 to a record high of 32.75 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.