14/08/2013

UK Unemployment Falls By 4,000

Latest figures released from the Office for National Statistics (ONS) fell by 4,000 in the three months to June, bringing the total number of people out of work in the UK to 2.51 million.

The number of people claiming Jobseeker's Allowance also fell by 29,000 to 1.4 million.

However, the unemployment rate remains at 7.8%, above the 7% rate target which has been set by the bank of England.

The ONS added that the figures demonstrated unemployment was "broadly unchanged" from the first three months of the year, while youth unemployment, those aged between 16 and 24, increased by 15,000 to 973,000.

Elsewhere, the statistics revealed that the number of people out of work for more than two years also grew by 10,000 to 474,000 – its highest level for 16 years. The number of people in work increased by 69,000 in the three months to June, taking it to 29.78 million - the highest level since records began in 1971.

(JP/CD)

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