Olympics helps push British unemployment to 9 month low

Britain’s unemployment rate fell to a nine-month low in the quarter through May as the London Olympics helped to create jobs.

18th July, 2012

Britain’s unemployment rate fell to a nine-month low in the quarter through May as the London Olympics helped to create jobs, underlining the resilience of the labour market in the face of a recession at home and Europe’s worsening debt crisis.

Unemployment based on International Labour Organization methods fell to 8.1 per cent from 8.2 per cent in the period through April, the Office for National Statistics said today in London....

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