British unemployment rate hits 44-year low as wage hikes: ONS

Source: Xinhua| 2019-04-16 19:39:19|Editor: xuxin
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LONDON, April 16 (Xinhua) -- Unemployment rate in the UK was estimated at 3.9 percent in the three months to February, hitting its lowest point since early 1975, according to data released Tuesday by the Office for National Statistics (ONS).

Meanwhile, British employment rate was estimated at 76.1 percent in the three months to February, the highest since comparable records began in 1971.

Before adjusting for inflation, average weekly wages, including bonuses, for employees in Britain increased by 3.5 percent, compared with a year earlier.

Matt Hughes, deputy head of Labour Market, said: "the jobs market remains robust, with the number of people in work continuing to grow."

"The increase over the past year is all coming from full-timers, both employees and the self-employed," Hughes said.

Philip Hammond, Chancellor of the Exchequer, said on twitter that "ONS figures show we're delivering more jobs & higher wages - and our tax cuts from this month mean over 30m people will keep more of what they earn."

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