UK Unemployment Rate Drops to 3.9% in January

The number of people claiming jobless benefits fell by 48.1K in February when compared to -31.9K booked previously. The claimant count rate came in at 4.4% last month vs. 4.6% prior.

The Office for National Statistics (ONS) showed on Tuesday, the UK’s official jobless rate arrived at 3.9% in January vs. the previous 4.1% and 4.0% expected while the claimant count change showed a bigger than previous drop last month.