The unemployment rate in the UK was 4% at the end of July

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From May to July this year, the unemployment rate in the UK, according to the methodology of the International Labor Organization, declined from 4.2% in the previous 3 months to 4%, the minimum since February 1975, the data from the Office for National Statistics showed. During this period, the number of unemployed decreased by 55 thousand to 1 million 360 thousand. Compared with the same period in 2017, the indicator fell by 95 thousand people. Employment was 75.5%, having decreased by 0.1 percentage points in three months. The number of employed in the British economy, compared with the previous three months, remained almost unchanged, and in annual terms - increased by 261 thousand. The salary for the week without taking into account the bonus increased by an average of 2.9%, taking into account the bonus, - by 2.6%.

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