Female unemployment rate lowest since 1971

Category : UK News
Updated On : May 15, 2019 02:39 AM
By Indian Times Daily

Britain's female unemployment rate in the first three months of the year has fallen to 3.7%, the lowest since comparable records began in 1971. The Office for National Statistics included the figure in data showing the overall unemployment rate in the three-month period stood at 3.8%, the lowest rate since late 1974.

For men the rate was 3.9%, the lowest since mid 1975. Excluding bonuses, average weekly earnings for employees rose by 3.3%.

The ONS said that unemployment rates for both men and women have been falling since late 2013. For January to March 2019, the ONS said 1.3 million people were unemployed, 119,000 fewer than for a year earlier and 914,000 fewer than for five years earlier.

The overall unemployment rate of 3.8% in the first quarter was last matched in the three-month period from November 1974 to January 1975. It was last lower, at 3.7%, in October to December 1974.

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