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UK Labor Market Tightens Further

The UK labor market tightened further as unemployment declined in three months to February, average pay increased and job vacancies rose to a record high, official data revealed on Tuesday.

The jobless rate fell 0.2 percent points from the previous quarter to 3.8 percent in three months to February, the Office for National Statistics said. The rate came in line with expectations.

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by RTTNews Staff Writer

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