Global Economic News

UK Unemployment Rate Falls Unexpectedly

Despite restrictions related to the coronavirus pandemic, the UK unemployment rate dropped unexpectedly in the three months to February as the government continues its job furlough scheme.

The jobless rate fell to 4.9 percent in three months to February, data from the Office for National Statistics showed on Tuesday. Economists had forecast the rate to rise to 5.1 percent from 5 percent in three months to January.

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by RTTNews Staff Writer

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