Unemployment in the UK has hit its lowest level since 1974 as the labour market remained strong in the three months to March, showing further signs of tightening despite Brexit uncertainties.

Britain’s unemployment rate edged lower to 3.8 per cent from 3.9 per cent, while the employment rate sat at a record high of 76.1 per cent.

About 100,000 jobs were added compared to the previous three months, a lower number than expected.

The number of vacancies continued to increase, which, together with the falling number of unemployed people, indicated a further tightening of the labour market.

The UK labour market has continued to demonstrate a resilience observed over the past year despite the economic slowdown at the end of 2018.

In the first quarter of this year, economic growth accelerated, helped by firms stockpiling amid rising Brexit uncertainties.


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