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Economy

Unemployment falls to lowest level since 1974

The UK employment rate was estimated at 75.4%, 0.2 percentage points lower than the previous three-month period and 1.1 percentage points lower than before the coronavirus pandemic

Unemployment has fallen to its lowest level since 1974, currently sitting at 3.6% for the three months to July, according to the latest figures from the Office for National Statistics (ONS).

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