The UK unemployment rate dropped in the three months to April and wages grew more than expected, official data revealed Thursday.
The jobless rate fell to 4.9 percent in the three months to April from 5.0 percent in the three months to March, the Office for National Statistics said. The rate was expected to remain unchanged at 5.0 percent.
Including bonuses, average earnings climbed 4.4 percent in the three months to April, the same rate as seen in the preceding period, and stronger than economists' forecast of 4.0 percent.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.