facebook
twitter
rss
account
search
search

British jobless rate holds at 7.8 percent

March 20, 2013 at 12:25 PM   |   Comments

LONDON, March 20 (UPI) -- The unemployment rate in Britain held steady at 7.8 percent in November 2012 through January, the Office for National Statistics said Wednesday.

The unemployment rate was unchanged from the August to October period, although the number of unemployed rose by 7,000 from the three-month stretch of August to October.

Total pay and regular pay rose 1.2 percent in November through January compared to the same period a year earlier, ONS said.

"However, as inflation measured by the Consumer Prices Index was 2.7 percent between January 2012 and January 2013, there continues to be a cut in the real value of pay," the monthly report said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Auto sales grow 11% in July, Chrysler sales surge 20%
2
Analysis: Hamas history tied to Israel
3
Excalibur IB artillery projective enters full-rate production
4
Army receives first advanced CH-47F helicopter variant
5
Austrian student files class action suit against Facebook
Trending News
Video
x
Feedback