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14/05/2014
Unemployment Rate Falls To A New 5-Year Low - ONS
Employment has seen the largest quarterly rise since records began over 40 years ago and the unemployment rate has fallen again to a new 5-year low, according to figures published by the Office for National Statistics (ONS).
The number of people in a job rose 283,000 in the last 3 months – the largest quarterly increase in 43 years. Employment increased by 722,000 on the year – almost the population of Leeds – meaning a record 30.43 million people are in work. Creating jobs and supporting enterprise as the economy grows are central to the government’s long-term plan to help hardworking people secure their future.
The number of unemployed young people fell by 48,000 in the last 3 months, and has been falling now for the last 8 months. Youth unemployment excluding those in full-time education is now at its lowest level since 2008.
Minister for Employment Esther McVey said: "As the recovery takes hold, more people are able to get a job or set up their own business and become the employers of tomorrow. Each and every person who has made a new start or hired someone new is helping to make Britain a more prosperous and confident place to be.
"We will continue to support those in and out of work who want to get on and fulfil their ambitions for a more secure future."
(CVS/CD)
The number of people in a job rose 283,000 in the last 3 months – the largest quarterly increase in 43 years. Employment increased by 722,000 on the year – almost the population of Leeds – meaning a record 30.43 million people are in work. Creating jobs and supporting enterprise as the economy grows are central to the government’s long-term plan to help hardworking people secure their future.
The number of unemployed young people fell by 48,000 in the last 3 months, and has been falling now for the last 8 months. Youth unemployment excluding those in full-time education is now at its lowest level since 2008.
Minister for Employment Esther McVey said: "As the recovery takes hold, more people are able to get a job or set up their own business and become the employers of tomorrow. Each and every person who has made a new start or hired someone new is helping to make Britain a more prosperous and confident place to be.
"We will continue to support those in and out of work who want to get on and fulfil their ambitions for a more secure future."
(CVS/CD)
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
