The unemployment rate has dropped to an 11-year low of just 4.8% – down by more than 900,000 since 2010
The Office for National Statistics has confirmed that employment continues to run at a record high rate of 74.5%, with 31.8 million people in work – an increase of almost 2.8 million since 2010.
Average wages including bonuses grew by 2.3% over the last year, as the claimant count remained at 2.3%, close to its lowest rate since 1975.
Employment Minister, Damian Hinds, said:
“Yet again we have a strong set of figures, with employment continuing to run at a record high and unemployment falling to a 11-year low.
“Growth is being fuelled by full-time professional jobs while wages are continuing to perform strongly, which underlines the resilience of the UK labour market.
The figures also show:
- Youth unemployment is down by almost 350,000 since 2010
- The number of disabled people in work has increased by 590,000 in the past 3 years
- Women in work at joint record high of 69.8%