Thursday, 14 November 2013

Jobless Rate At Three-Year Low Of 7.6%

There is more good news for the labour market as the UK's economic recovery slowly gathers strength but pay awards remain miserly. 12:37pm UK, Wednesday 13 November 2013 Source: Office for National Statistics

Graph: Unemployment Changes Across The UK

Tweet Email The unemployment rate fell to 7.6% in the three months to September - its lowest level for more than three years - but pay rises are matching record lows.

The Office for National Statistics (ONS) measured a 0.1% drop in the unemployment rate over the period, with the jobless total falling by 48,000 to 2.47 million.

It meant the number of people in work reached a new all-time high of almost 30 million but nearly half are working part-time because they cannot find full-time jobs.

The employment total rose by 177,000 while the number of people claiming jobseeker's allowance fell for the 12th month in a row in October, down by 41,700 to 1.31 million - a five year low.



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