UK unemployment falls by 125,000 - 1 views
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UK unemployment falls by 125,000
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Communications giant EE added to the good news by announcing 1,000 new jobs, on top of 400 new positions planned by TNT Post.
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But 1.4 million people are in part-time jobs because they cannot find full-time work, a fall of 29,000 over the latest quarter but 46,000 higher than a year ago.
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The jobless total was 2.34 million in the final quarter of last year, down by 125,000, giving a rate of 7.2%, while t he number of people claiming jobseeker's allowance dipped to 1.22 million in January, down by 27,000.
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Employment now stands at more than 30 million, a rate of 72.1%, which is 0.6% higher than a year ago.
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More than 900,000 young people are still unemployed and over 250,000 young people have been unemployed for over a year.
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"Today's figures also show working people facing a cost-of-living crisis are over £1,600 a year worse off since David Cameron became Prime Minister.
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the latest unemployment figures showed that the UK had a strong and flexible labour market, adding: " However, there are signs that the pace of improvement in the jobs market is slowing down. Although youth unemployment has fallen, the jobless level among 16 to 24-years-olds still stands at 917,000, which is far too high.