Bad News From Britain
In the Q3, British unemployment was at the minimum of forty-two years. And today’s data showed that the amount of employees declined for the first time in 2017 and marking the largest downturn in 2 years (-14,000). The Office for National Statistics reported that the jobless rate made up 4.3% in the third quarter. Basic wage growth remained over 2%. The amount of unemployed people who weren’t looking for a job hit the 7-year maximum.