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Wednesday, July 17, 2019

Unemployment Rate Lowest Since 1974

As per the ONS UK unemployment rate for May 2019 was estimated at 3.8%; it has not been lower since October to December 1974.

In real terms (after adjusting for inflation), total pay is estimated to have increased by 1.4% compared with a year earlier, and regular pay is estimated to have increased by 1.7%.

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