We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedPeople Management

UK unemployment dips to 2.49mn


Number of people in work at a record high

Article comments

The UK's total unemployment figure has fallen by 37,000 to 2.49 million, the Office for National Statistics (ONS) said on Wednesday.

In an official data release covering the period from September to November, the statistics body said the figure was lowest on record for 18 months. The unemployment rate was 7.7 percent of the economically active population, down 0.1 on June to August 2012 and down 0.7 on a year earlier.

The number claiming Jobseeker's Allowance fell 12,100 to 1.56 million last month, the lowest since June 2011. The ONS also said the number of people employed full time rose by 113,000, offsetting a fall in part-time employment of 23,000.

Those out of work for more than two years fell by 10,000 to 434,000, while the number out of work for more than a year fell by 5,000 to 892,000. On the negative side, the number of 16 to 24-year-olds out of work rose by 1,000 to 957,000.

Commenting on the figures, UK employment Minister Mark Hoban, said, "These are very positive figures showing employment rising for 15 months and despite difficult economic circumstances, unemployment is lower than when this government took office."

The number of vacancies, at 494,000, was the highest since the end of 2008, the ONS said. However, the overall job picture remains puzzling. Earlier on Wednesday, Rolls Royce and Flybe announced job cuts while fast food restaurant chain McDonald's said it would create 2,500 jobs in the UK over 2013.

Share:

Recommended Articles

Comments

UK unemployment dips to 2.49mn
People Management

Personal branding - A headhunter's perspective

Personal branding - A headhunter's perspective

'If you don't have honesty and integrity you will get found out'more ..


Aviva goes 'digital first' with new CDO appointment

Andrew Brem's chief digital officer appointment comes two months after Phil Pavitt left insurer to take up Global CIO role at Specsaversmore ..

Microsoft's former boss Steve Ballmer steps down

The former CEO cited a busy schedule, particularly involving his LA Clippers basketball team, for his resignationmore ..

Unemployment rate hits 6-year low

But wage growth plunges to 0.2% on a year agomore ..

The benefits of being a non-executive

Look for a non-executive when appointing peersmore ..

If you are still thinking about flexible working, it's too late

OPINION: Tips from an experienced chief security officer on how best to enable flexible workingmore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..

Advertisement

* *