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U.K's jobless rate stable in June

U.K's jobless rate stabilized for the month of June and matched the estimations for such a scenario.

U.K's unemployment rate meets the estimations

As per the nation's Office for National Statistics, the unemployment rate, within the three months to June, was in alignment with the estimations and remained at 4.9%.

Furthermore, the average earnings index, with the bonuses included, appreciated, within the three months to June, 2.4%, and was higher than the three-months period to May where the index recorded an increase of 2.3%.

Moreover, the European shares resumed declining, as Germany's DAX traded 0.71% lower, London’s FTSE 100 fell 0.15%, France's CAC 40 dropped 0.67%, and Euro Stoxx 50 decelerated 1.01%.

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Wednesday, 17 Aug, 2016 / 9:13

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.k-s-jobless-rate-stable-in-june

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