Unemployment down 125,000 to 2.34 million
Unemployment decreased by 125,000 between October 2013 and December 2013 to 2.32 million, with the unemployment rate now at 7.2 per cent, today’s labour market statistics reveal.
Unemployment decreased by 125,000 between October 2013 and December 2013 to 2.32 million, with the unemployment rate now at 7.2 per cent, today’s labour market statistics reveal.
Workers have experienced the longest fall in real wages since at least 1964, new figures from the Office of National Statistics (ONS) show.
This month’s labour market statistics continue the same pattern we have seen in recent months: small improvements in overall employment and unemployment but youth unemployment and long-term unemployment not going anywhere much.
Unemployment decreased by 57,000 between March 2013 and May 2013 to 2.51 million, with the unemployment rate now at 7.8 per cent, today’s labour market statistics reveal.
Tony Dolphin analyses today’s Office for National Statistics Quarterly National Accounts bulletin.
It is early days yet, but the chancellor does not appear to making quite as much progress as he hoped in reducing public sector borrowing, reports Tony Dolphin.
Retail sales fell by 1.4% in May according to Office of National Statistics figures released today, more than reversing the 1.1% increase in April, writes ippr’s Tony Dolphin.
New figures show the importance of Labour winning the argument about the impact of immigration on lower-paid jobs and wages, writes ippr’s Matt Cavanagh.
Export volumes fell by 1.5 per cent in March according to the latest trade data released today by the Office for National Statistics, reports Tony Dolphin.
The latest figures, released by the ONS today, show the UK had a current account deficit of £10.5 billion in the final quarter of 2010 – equivalent to 2.9 per cent of GDP.