UK labour market cools as growth slows, Brexit vote looms
London
THE UK jobs market showed signs of cooling in the first quarter as Britain prepares for an increasingly bitter referendum on its European Union membership.
The number of people in work rose by 44,000, less than a quarter of the gain seen at the end of 2015, the Office for National Statistics in London said on Wednesday. Unemployment fell 2,000, leaving the jobless rate at a decade-low 5.1 per cent, as forecast by economists. The employment rate edged up to 74.2 per cent.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
BOE reports record usage of short-term liquidity repo
Philippines central bank not seeing rate hike despite peso weakness: finmin