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Unemployment falls by 125,000 to 2.34 million but rate rises
Unemployment fell by 125,000 between October and December to 2.34 million, official figures showed today. The unemployment rate, however, rose to 7.2% as fewer people were eligible for work.
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Number out of work falls but pace of drop is slowing
Unemployment rate still highest in North East
Regional unemployment fiugures between October and December were as follows:
- North East: 130,000 (minus 3,000) 10%
- North West: 277,000 (minus 6,000) 8.1%
- Yorkshire/Humber: 240,000 (minus 8,000) 8.6%
- East Midlands: 162,000 (minus 4,000) 6.9%
- West Midlands: 226,000 (minus 31,000) 8.3%
- East of England: 180,000 (minus 1,000) 5.7%
- London: 351,000 (minus 25,000) 8.1%
- South East: 233,000 (minus 37,000) 5.1%
- South West: 177,000 (plus 3,000) 6.5%
- Wales: 105,000 (minus 12,000) 7.1%
- Scotland: 195,000 (minus 3,000) 7.1%
- Northern Ireland: 64,000 (plus 1,000) 7.4%
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Unemployment falling 'at slower rate' says statistician
Nick Palmer, senior labour market statistician at the Office for National Statistics, said:
PM: Good to see another fall in unemployment
1.4m part-time workers can't find full-time jobs
Some 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, the Office for National Statistics said.
Unemployment rate up despite fall in total out of work
A rise in the unemployment rate despite a fall in the the total number of unemployed people occurs when the number of people eligible for work also falls.
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Average earnings up but still lag behind inflation
Average earnings were up 1.1%, still behind the 1.9% consumer price index inflation measure announced yesterday.
Unemployment rate edges back up to 7.2%
The total number of unemployed people fell by 125,000.
ONS: Number unemployed falls 125,000 to 2.34 million
Unemployment fell by 125,000 between October and December to 2.34 million, official figures showed today.
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