16th January 2008
Employment levels 'still strong'
UK unemployment is still falling, according to government figures released today.
The Office for National Statistics (ONS) reported this morning that claimants of the Jobseeker's Allowance (JA) fell by 6,400 to 807,700 and unemployment as a whole fell by 13,000 in the period between September and November 2007.
This is the lowest number of people claiming JA since 1975 and figures have now continued to improve for 15 consecutive reports.
The report shows a total unemployed population of 1.65 million, as well as the highest quarterly growth in the number of people in work since 1997, with 175,000 people finding a new job.
The ONS figures are being seen as a positive sign that the UK job market can remain stable, despite the expected economic slowdown.
Minister for Employment and Welfare Reform Caroline Flint has welcomed the report, saying: "These figures show growth in employment for both younger and older workers, with 60,000 more 16-24 year olds and 95,000 more over 50s in work."
BNP Paribas' UK economist Alan Clarke commented: "The doom and gloom is not yet hurting the labour market."
The Office for National Statistics (ONS) reported this morning that claimants of the Jobseeker's Allowance (JA) fell by 6,400 to 807,700 and unemployment as a whole fell by 13,000 in the period between September and November 2007.
This is the lowest number of people claiming JA since 1975 and figures have now continued to improve for 15 consecutive reports.
The report shows a total unemployed population of 1.65 million, as well as the highest quarterly growth in the number of people in work since 1997, with 175,000 people finding a new job.
The ONS figures are being seen as a positive sign that the UK job market can remain stable, despite the expected economic slowdown.
Minister for Employment and Welfare Reform Caroline Flint has welcomed the report, saying: "These figures show growth in employment for both younger and older workers, with 60,000 more 16-24 year olds and 95,000 more over 50s in work."
BNP Paribas' UK economist Alan Clarke commented: "The doom and gloom is not yet hurting the labour market."
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