- The U.K. unemployment rate falls to 7.6% in the three months to September, data shows. That's the lowest rate since 2009 and is largely in-line with economists' expectations.
- For Q3, the jobless total fell by 48K to 2.47M, while payrolls jumped 177K.
- The BOE has promised to keep interest rates at 0.5% until the jobless rate falls to 7%.
- Previously, the central bank said it could be mid-2016 before the employment threshold is hit, but some expect that forecast to be pulled forward today when the BOE delivers its quarterly inflation report.
- ETFs - Stocks: FKU, EWU, EWUS, DXPS. Currency: GBB, FXB
U.K. unemployment rate falls to 7.6%
Nov 13 2013, 04:59 ET