18 Apr, 2012

UK unemployment

Unemployment fell by 35,000 to 2.65 million over the December-to-February period, according to the Office for National Statistics (ONS).   The claimant count rose by 3,600 in March to 1.61 million.

The unemployment rate edged down from a 12-year high of 8.4{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} to 8.3{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}, the lowest level since the summer of last year.

Responding to the latest figures, TUC general secretary Brendan Barber said: “While any rise in the number of jobs is welcome, the fact is that full-time employment is still falling and a record 1.4 million are now stuck in involuntary part-time work.

The latest report contained some encouraging news for younger jobseekers, with the number of unemployed 16-24 year-olds falling to 1.03 million.

However the rate of youth unemployment, at 22.2{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}, remains high.

Credit: APD/BBC/Reuters

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