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11/09/2013
UK Unemployment Rate Falls To 7.7%
The UK's unemployment rate has fallen to 7.7% for the first time since late 2012, according to official statistics.
The figures, released by the Office for National Statistics (ONS), revealed that in the three months to July, the unemployment rate fell from 7.8%, with the number of people out of work dropping by 24,000 to 2.487 million.
The ONS added that this was the lowest jobless rate since the September to November period last year. The data is viewed as significant following the Bank of England's pledge last month to keep the base rate of interest at a record low as long as the unemployment rate remained above 7%.
Elsewhere, the number of people claiming jobless benefit fell by 32,600 in August – the largest drop since June 1997, while the number of people working part-time because they cannot find a full-time job increased to 1.45 million - the highest since records began in 1992, with the ONS saying the figure had doubled over the past five years.
There is still a squeeze on household incomes, with the ONS highlighting a 1.1% increase in average weekly earnings between May and July versus a year earlier. This continues to lag inflation which is at 2.8%.
(JP/CD)
The figures, released by the Office for National Statistics (ONS), revealed that in the three months to July, the unemployment rate fell from 7.8%, with the number of people out of work dropping by 24,000 to 2.487 million.
The ONS added that this was the lowest jobless rate since the September to November period last year. The data is viewed as significant following the Bank of England's pledge last month to keep the base rate of interest at a record low as long as the unemployment rate remained above 7%.
Elsewhere, the number of people claiming jobless benefit fell by 32,600 in August – the largest drop since June 1997, while the number of people working part-time because they cannot find a full-time job increased to 1.45 million - the highest since records began in 1992, with the ONS saying the figure had doubled over the past five years.
There is still a squeeze on household incomes, with the ONS highlighting a 1.1% increase in average weekly earnings between May and July versus a year earlier. This continues to lag inflation which is at 2.8%.
(JP/CD)
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14 May 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.
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.
13 November 2013
Unemployment Rate Falls To Three Year Low
New figures from the Office for National Statistics have shown that total number of UK unemployed has fallen to 2.47 million, a decrease of 48,000. The unemployment rate now stands at its lowest in over three years, at 7.6%. The figures also show that the number claiming jobseekers allowance now stands at 1.31 million, a fall of some 41,700.
Unemployment Rate Falls To Three Year Low
New figures from the Office for National Statistics have shown that total number of UK unemployed has fallen to 2.47 million, a decrease of 48,000. The unemployment rate now stands at its lowest in over three years, at 7.6%. The figures also show that the number claiming jobseekers allowance now stands at 1.31 million, a fall of some 41,700.
14 February 2012
UK Inflation Rate Falls To 3.6% In January
Inflation has falled in January as the impact of last year's VAT rise was no longer shown in the figures. Consumer Prices Index (CPI) inflation in the UK fell to 3.6% in January, down from 4.2% in December, according to the Office for National Statistics (ONS) on Tuesday.
UK Inflation Rate Falls To 3.6% In January
Inflation has falled in January as the impact of last year's VAT rise was no longer shown in the figures. Consumer Prices Index (CPI) inflation in the UK fell to 3.6% in January, down from 4.2% in December, according to the Office for National Statistics (ONS) on Tuesday.
18 March 2015
UK Unemployment Rate Falls
The UK's unemployment rate has fallen to 1.86 million, new official figures have revealed. In the three months to January, the number of those out of work fell by 102,000. The Office for National Statistics (ONS) added that the unemployment rate remains at 5.7%, but the number of people in work increased to a record high in the quarter.
UK Unemployment Rate Falls
The UK's unemployment rate has fallen to 1.86 million, new official figures have revealed. In the three months to January, the number of those out of work fell by 102,000. The Office for National Statistics (ONS) added that the unemployment rate remains at 5.7%, but the number of people in work increased to a record high in the quarter.
18 February 2015
UK Unemployment Falls
New figures from the Office for National Statistics (ONS) show that unemployment in the UK now stands at 5.7%, having fallen by 97,000 in the three months to December. This means the number of adults now in work stands at 73.2%. The figures also show an increase in average earnings with bonuses, up 2.1% compared to a year earlier.
UK Unemployment Falls
New figures from the Office for National Statistics (ONS) show that unemployment in the UK now stands at 5.7%, having fallen by 97,000 in the three months to December. This means the number of adults now in work stands at 73.2%. The figures also show an increase in average earnings with bonuses, up 2.1% compared to a year earlier.
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