British jobless claims fall more than forecast on hiring surge

British jobless claims fell more than twice as much as forecast in January as job creation surged, showing the resilience of the labour market amid a fragile economic recovery.

20th February, 2013

British jobless claims fell more than twice as much as forecast in January as job creation surged, showing the resilience of the labour market amid a fragile economic recovery.

Unemployment claims fell 12,500 from December to 1.54 million, the Office for National Statistics said today in London. The median forecast of 24 economists in a Bloomberg survey was for a drop of 5,500. In the quarter through December, unemployment as measured by International Labour Organisation...

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