Saturday

19th Aug 2017

Ticker

UK unemployment continues to fall after Brexit vote

Unemployment in the UK fell to 4.9% in July, according to estimates published Wednesday by the Office of National Statistics. The employment rate between May and July was 74.5 percent, the highest since comparable records began in 1971. "The UK labour market is yet to show any Brexit effect for the period immediately before and after the June 23 vote," Kallum Pickering, an economist, told the BBC.

Brexit realities dawn in UK

Just over a year after a small majority voted for Britain to leave the EU, new realities are dawning on both the in and the out camps.

News in Brief

  1. Macedonia sacks top prosecutor over wiretap scandal
  2. ECB concerned stronger euro could derail economic recovery
  3. Mixed Irish reactions to post-Brexit border proposal
  4. European Union returns to 2 percent growth
  5. Russian power most feared in Europe
  6. Ireland continues to refuse €13 billion in back taxes from Apple
  7. UK unemployment lowest since 1975
  8. Europe facing 'explosive cocktail' in its backyard, report warns

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