Some good news for once
Pleased for once | 16.10.2014 12:12
Youth unemployment has seen the largest annual fall since records began alongside the steepest annual fall in unemployment in 25 years.
Youth unemployment has seen the largest annual fall since records began 30 years ago – alongside the steepest annual fall in unemployment in a quarter of a century, figures published today by the Office for National Statistics show.
As part of the government’s long-term economic plan, the unemployment rate has also fallen again, down to 6.4%, the lowest since late 2008. Youth unemployment has fallen by 206,000 over the past year, which is the largest drop since records began in 1984, bringing it to the lowest level for nearly 6 years. The youth unemployment rate is down 4.5 percentage points compared to a year ago.
Unemployment fell by 437,000 over the past year – and 132,000 in only the past 3 months – which is the biggest annual fall in 25 years.
As part of the government’s long-term economic plan, the unemployment rate has also fallen again, down to 6.4%, the lowest since late 2008. Youth unemployment has fallen by 206,000 over the past year, which is the largest drop since records began in 1984, bringing it to the lowest level for nearly 6 years. The youth unemployment rate is down 4.5 percentage points compared to a year ago.
Unemployment fell by 437,000 over the past year – and 132,000 in only the past 3 months – which is the biggest annual fall in 25 years.
Pleased for once
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Not just in the youth market
16.10.2014 12:14
30.6 million people were in work in April to June 2014
the employment level rose 167,000 on the previous quarter and 820,000 on the year
the employment rate is 73.0%, up 0.3 points on the quarter and up 1.5 points on the year
ILO unemployment fell this quarter
2.08 million people were ILO unemployed in the April to June 2014 quarter, down 132,000 on the previous quarter and 437,000 on the year
the ILO unemployment rate is 6.4%, down 0.4 points on the quarter and down 1.4 points on the year
The number of people claiming one of the main out-of-work benefits is falling
claimant unemployment was 1.01 million in July 2014, down 33,600 on the month and down 420,600 on the year
the claimant count rate is 3.0%, down 0.1 points on the month and down 1.3 points on the year
in the year to February 2014, the number claiming incapacity benefits fell 16,400 to 2.46 million
in the year to February 2014, the number of lone parents on income support fell 24,800 to 480,100 – the provisional figure for June 2014 is 470,000
The number of redundancies fell and unfilled vacancies rose on the quarter
there were 111,000 redundancies in April to June 2014, down 15,000 on the previous quarter and 12,000 on the year
the ONS vacancy survey estimates an average of 656,000 unfilled vacancies in the three months to July 2014, up 19,000 on the previous quarter and 119,000 on the year
Stat boy
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