FXstreet.com (Barcelona) - The employment market in the UK has improved moderately in November, according to the claimant count rate, which has fallen in November for its 14th consecutive month, while the unemployment rate edged down in the three months to October, according to data released by National Statistics.
The volume of unemployed workers applying for unemployment benefits has decreased by 11100 in November, a sharply larger decrease than the 5,000 expected by the analysts. On the year the claimant count rate has decreased by 134,200, the largest decrease since 1975.
The unemployment rate has decreased to 5.3% of the working population during the three months to October, down from the prevous 5,4%. Average earnings excluding bonuses have increased 3.7% in the year to October, including bonuses wages went 4.0% up on the year.