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UK unemployment stuck at 17-year high as economy flatlines
Date Posted: 15/02/2012Britain's unemployment rate has remained at its highest level since 1995 – 8.4% – as the flatlining economy takes its toll on the labour market.
Official figures released on Wednesday showed that the number of people out of work was up by 48,000 on the previous three months to 2.67 million, on the International Labour Organisation measure.
Analysts pointed out that the increase in unemployment was the slowest since last June, when the jobs market was deteriorating sharply, after improving through much of 2010.
