UK unemployment hits 10-year low as economy rebounds

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UK unemployment hits 10-year low as economy rebounds

Post by Guest on Wed Jan 20, 2016 2:22 pm

Economists say Britain has become a "jobs-creating machine" with employment at an all-time high
Unemployment has dropped to a 10-year low of 5.1pc, as the UK economy has become a “jobs-creating machine”.
The number of people out of work fell by 99,000 to 1.68m in the three months to November, compared with the three months to August.
The Office for National Statistics, which compiled the data, said it was the lowest rate of unemployment since January 2006, which means joblessness in the UK is now back down to where it was before the financial crisis.

The employment rate has also set a new record, hitting an all-time high of 74pc. The number of people in work rose by 267,000 over the three-month period, the third highest quarterly growth rate on record, taking the total number of UK workers to 31.39 million.


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