Britain’s unemployment rate unexpectedly fell for a second month in a row to 4.9 percent in the December-to-February period, most of which the country spent under a tight COVID-19 lockdown, official figures showed on Tuesday. Economists polled by Reuters had largely forecast that the jobless rate – which has been held down by the government’s huge jobs subsidies programme – would edge up to 5.1 percent from 5.0 percent in the three months to January. The ONS linked the fall to a large volume of men leaving the jobs market altogether. The so-called inactivity rate rose by 0.2 percentage points in the three months to February, echoing a rise during the first lockdown of last year. There was an
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