British unemployment falls unexpectedly

British jobless claims unexpectedly fell in September and a wider measure of unemployment dropped to the lowest in more than a year.

17th October, 2012

British jobless claims unexpectedly fell in September and a wider measure of unemployment dropped to the lowest in more than a year as the London Olympics helped push the number of people in work to a record.

Jobless-benefit claims fell 4,000 from August to 1.57 million, the Office for National Statistics said today in London. The median of 27 estimates in a Bloomberg News Survey was for no change in claims. The jobless total measured...

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