15/06/2005

Unemployment rate still falling in UK

The latest government unemployment figures have shown that there is a continuing decline in the number of unemployed people in the UK.

While the official unemployment rate at 4.7% is unchanged from the previous quarter, the statistics revealed that the number of unemployed people fell by 15,000 in the last three months.

There was a small rise in the number of people in employment up 11,000 over the quarter, the figures revealed that there had been a slight fall 0.1% in the employment rate with the working age employment rate standing at 74.8%.

The figures revealed that claimant count at 855,300 had increased by 13,200 from the previous month, and that the number of reported job vacancies, 635,900, was down 11,500 from the previous quarter.

In the period covered by today's report, growth in average earnings excluding bonuses is unchanged while growth in average earnings including bonuses has increased slightly.

(SP/MB)

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