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UK Jobless Rate At 43-Year Low; Earnings Growth Fastest In Almost A Decade

The UK unemployment rate remained at the lowest level in 43 years in the three months to August, helping the average earnings to increase further amid fears of no-deal Brexit, the Office for National Statistics said Tuesday.

The ILO jobless rate came in at 4 percent, in line with expectations, and was the lowest since February 1975. The number of unemployed decreased 47,000 from the previous quarter to 1.36 million.

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by RTTNews Staff Writer

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