- Bank of England policymaker Michael Saunders believes UK unemployment could fall below 4% in 2018.
- Speaking in London, Saunders said that both labour demand and the broader UK economy will hold up this year, helping push joblessness down.
- The UK’s current unemployment rate stands at a low of just 4.3%, meaning that Britain is technically pretty close to achieving full employment.
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A senior Bank of England official has a 'hunch' unemployment will fall below 4% in 2018 – defying Brexit uncertainty
Speaking in London, Michael Saunders said that both labour demand and the broader UK economy will hold up this year, helping push joblessness down.
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