UK unemployment fell below 5% in April while wages grew faster than expected, according to the latest official figures. The Bank of England has just announced it is keeping main interest rate on hold at 3.75%. However economists warn that the overall labour market remains very weak - with the number of job vacancies at its lowest for five years. #UK #Unemployment #Economy #News #Channel4News
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UK unemployment fell below 5% in April while wages grew faster than expected, according to the latest official figures. The Bank of England has just announced it is keeping main interest rate on hold at 3.75%. However economists warn that the overall labour market remains very weak - with the number of job vacancies at its lowest for five years. #UK #Unemployment #Economy #News #Channel4News
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