British unemployment rate hits new five-year low at 6%

-A +A

LONDON (Oct 15): Britain's unemployment rate sank to 6.0 percent in the quarter to the end of August, reaching the lowest point since late 2008, official data showed on Wednesday.

The rate for the June-August period compares with 6.2 percent for the three months to the end of July, the Office for National Statistics (ONS) said in a statement.

The number of unemployed meanwhile dropped by 154,000 to stand at 1.97 million people, it added.