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15/10/2014
UK Unemployment At Six Year Low
UK unemployment has fallen below two million for the first since 2008, the latest figures from the Office for National Statistics (ONS) reveal.
In the three months to August this year unemployment fell by 154,000, the ONS figures showing that the rate now stands at 1.97 million, or 6%.
The new drop brings the total reduction for the year to 538,000, marking the largest annual reduction since records began.
The figures also show that the employment rate now stands at 73%, just 0.2% below its all-time high.
The full UK Labour Market, October 2014 report can be read head.
(MH/CD)
In the three months to August this year unemployment fell by 154,000, the ONS figures showing that the rate now stands at 1.97 million, or 6%.
The new drop brings the total reduction for the year to 538,000, marking the largest annual reduction since records began.
The figures also show that the employment rate now stands at 73%, just 0.2% below its all-time high.
The full UK Labour Market, October 2014 report can be read head.
(MH/CD)
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ONS Figures Reveal Unemployment At Seven Year Low
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