UK unemployment falls by 45,000

UK unemployment fell by 45,000 to 2.63 million in the first three months of the year official figures have shown.UK unemployment falls by 45,000The jobless rate fell to 8.2%, the Office for National Statistics said.

Youth unemployment was down by 17,000 to 1.02 million. But the number of people unemployed for more than a year increased by 27,000 to 887,000, the worst total since 1996.

The number of people claiming Jobseeker’s Allowance fell by 13,700 to 1.59 million in April.

Part-time working hit another record. The ONS said the total number was 7.99 million between January and March, up 118,000 compared with the previous three month period between October and December.

Those working part time because they couldn’t find a full time job was also the highest since records began in 1992 at 1.42 million, up 73,000 on the previous quarter.

Of the 45,000 drop in unemployment, 42,000 were men and just 3,000 were women.

Bank of England governor Sir Mervyn King said that the latest figures were consistent with a gradual recovery in the UK economy, while pointing to the huge risk to the UK economy posed by the crisis in the eurozone, the UK’s biggest trading partner.

There was also further evidence in the ONS data of the squeeze on household incomes with average pay including bonuses rose by 0.6% from a year earlier, the lowest growth for three years.

May 16, 2012 · Home Based Jobs · Comments Closed
Tags: , , , , , , , , , , , , ,  · Posted in: Cheltenham Jobs, Full Time Jobs, Full Time Jobs Swindon, Gloucestershire Jobs, Health Jobs, Healthcare Jobs, Home Based Jobs, Home Based Jobs Swindon, Home Jobs, Part Time Jobs, Part Time Jobs Cheltenham, Part Time Jobs Gloucestershire, Part Time Jobs Swindon, Redundancy, Retailing Jobs, Sales Jobs, Self Employment Jobs, Stay at Home Jobs, Swindon Jobs, Uncategorized, Unemployment Rises