LONDON (Reuters) – Britain’s unemployment rate fell to its lowest since 1974 at 3.7% in the first three months of this year, official figures showed on Tuesday, below economists’ forecasts for it to hold steady at 3.8%.
Average earnings, excluding bonuses, were 4.2% higher than a year earlier in the three months to March, above the average forecast in a Reuters poll for wage growth to hold at 4.1%.
(Reporting by David Milliken; Editing by William Schomberg)
