UK Unemployment Rate Falls To 8.3%

18 April 2012 16:30 - Victoria Wedderburn

    



UK Unemployment Rate Falls To 8.3%

According to the Office for National Statistics, unemployment in the UK fell for the first time in nearly a year in the first quarter of 2012. The official figures said the number of people out of work fell by 35,000 taking the joblessness rate to 8.3% down from 8.4%. Joblessness among those aged 16-64 fell slightly over the last quarter to 8.5%.

However, the number of unemployed women increased by 8,000 to 1.14 million, which is the highest figure for almost 25 years and the number of people out of work for over a year reached its highest level since 1996. The data also showed an 89,000 rise in the amount of people working part-time because they could not find full-time jobs, to a highest of 1.4 million, which is the highest figure since records began in 1992.

Chris Grayling, Employment minister, said, “Today’s figures are a step in the right direction but we still have a long way to go.” He added, “I am particularly encouraged that overall employment is now growing despite reductions in the public sector. There are still economic challenges ahead and he Government is reaction by helping people to find employment through initiatives with the private sector at their heart.”

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Related Links :
Office for National Statistics - Labour Market Statistics, April 2012
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