U.K. unemployment to fall faster than expected

Note: This section contains information in English only.
Source: Reuters
© Scanpix/AP
According to the official announcement of the Bank of England that was made after October 23 meeting, the unemployment level in the United Kingdom is declining on a faster pace than expected previously. The jobless rate dropped to 7.7% in August of 2013. Some time ago this year, BoE economists predicted the jobless rate to fall to 7% by 2016, but it will most likely happen a bit earlier.

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