UK unemployment hits all-time low

Unemployment
in the UK has hit another all-time low, according to new figures from the
Office of National Statistics.

The
unemployment rate fell to 4.8 per cent; the lowest since records began in 1984,
with the number of people without jobs falling by 33,000 in the three months to
January to 1.44 million.

The
other measure of unemployment known as the claimant count, which takes into
account only those claiming jobseekers’ benefits, showed its ninth consecutive
monthly fall, dropping by 6,600 to 885,200 in February – the lowest since 1975.

As
for the number of people in work, the total grew by 121,000 in the three months
to January to a record high of 28.27 million. This increase was mainly due to
an increase of 88,000 women in work.

By Mike Berry

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