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Wednesday, January 18, 2017

UK Unemployment Falls

ONS statistics released today show that unemployment in the UK fell by 52,000 to 1.6 million in November, the lowest number since 2006.

In the three months to November, unemployment continued to decrease after hitting a 10-year low in October last year.

The UK now has one of the lowest jobless rates in Europe at 4.8%. The employment rate is now 74.5%, up from 74% in the previous year.

Average earnings increased by 2.8% in the year to November, a 0.2% increase on the previous month.

Where is the much vaunted post Brexit apocalypse?

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