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British unemployment rises to 17-year high at 8.4 percent

LONDON : Britain 's unemployment rate advanced to 8.4 percent in the three months of January, reaching the highest leve
Published Updated

 LONDON: Britain's unemployment rate advanced to 8.4 percent in the three months of January, reaching the highest level for 17 years, official data showed on Wednesday.

"The unemployment rate was 8.4 percent of the economically active population, up 0.1 (percentage points) on the quarter," the Office for National Statistics said in a statement.

"There were 2.67 million unemployed people, up 28,000 on the quarter. The unemployment rate has not been higher since 1995."

 

Copyright AFP (Agence France-Presse), 2012

 

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