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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.