Best Recruitment Insurance

Employment has reached a new record high

Official figures released show the unemployment rate has fallen to 4.5% – the lowest level since 1975

According to the Office of National Statistics, the employment rate is at a record high of 74.9%, with 32.01 million people now in work – an increase of 324,000 on the year.

The record figures have been driven by increases in the number of people in full time work.

Minister for Employment, Damian Hinds said:

“These latest statistics are another reminder that our strong economy is giving record numbers of people the chance to find and stay in work.

“Unemployment is low, employment is high and there are over three quarters of a million vacancies. This is great news for Britain and for millions of ordinary working families. 

“We’re committed to delivering a welfare system which transforms lives and offers help to those who need it most, whatever their background or wherever they are from.”

The figures also show:

  • The female employment rate is at a record high of 70.4%, with over 15 million women in work.
  • Youth unemployment is down by 377,000 since 2010

Separate figures out show 1.2 million claims have been made to Universal Credit. Of the 540,000 people now claiming Universal Credit, 39% are in work.

Recruiters love this COMPLETE set of Accredited Recruitment & HR Training – View Training Brochure

One comment

  1. [* Shield plugin marked this comment as “0”. Reason: Human SPAM filter found “cash advance” in “author_name” *]
    He and his family live like sovereignty for the most part to some extent in view of individuals like me who have utilized the payday advances. His family and one of his homes a genuine tree house was once highlighted on a link appear about outrageous houses.

Comment on this story

Your email address will not be published. Required fields are marked *


Join the BIoR to be part of creating excellence in recruiting standards & service

Send this to a friend