The Upcoming
  • Culture
    • Art
    • Cinema & Tv
      • Movie reviews
      • Film festivals
      • Shows
    • Food & Drinks
      • News & Features
      • Restaurant & bar reviews
      • Interviews & Recipes
    • Literature
    • Music
      • Live music
    • Theatre
  • Fashion & Lifestyle
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
  • What’s On
    • Art exhibitions
    • Theatre shows
  • Tickets
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Support us
    • Contact us
  • Interviews
  • Competitions
  • Special events
    • Film festivals
      • Berlin
      • Tribeca
      • Sundance London
      • Cannes
      • Locarno
      • Venice
      • London
      • Toronto
    • Fashion weeks
      • London Fashion Week
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
      • London Fashion Week Men’s
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • RSS

Current affairs

UK unemployment rate falls again

UK unemployment rate falls again
16 May 2012
Rajeeb Gurung
Avatar
Rajeeb Gurung
16 May 2012

UK unemployment fell to 2.63 million between January and March according to the official figures provided by the Office for National statistics.

The unexpected decline by 45,000 is the largest quarterly drop for more than a year making the British unemployment at its lowest since last summer. The jobless rate fell from 8.4% to 8.2%.

Youth unemployment also fell by 17,000 to 1.02 million while the number of people claiming seekers allowance saw a decrease of 13,700, making the new figure stand at 1.59 million.

Chris Grayling, the employment minister, commented on the situation stating it as a “step in the right direction”.

He said: “For a number of months now, employment has been growing and this is starting to feed through into improving unemployment figures. However, we still face significant international uncertainty, so we need to hold firm on our current economic strategy and continue to do everything we can to ensure unemployment continues to fall.”

Despite the fall in unemployment, the number of people unemployed for more than a year increased by 27,000 making it 887,000, the worst total since 1996.

Part-time workers were also on the rise as the ONS revealed the total number was 7.99 million in the first three months, up 118,000 from the final three months of 2011. Meanwhile, the number of full time workers fell by 13,000.

The number of people working part-time because they couldn’t find a full time job reached 1.42 million, the highest since records began in 1992.

However, the ONS data revealed the squeeze on household incomes with average pay including bonuses rising to just 0.6%, the lowest growth in three years.

Rajeeb Gurung

Related Items

More in Current Affairs

Changes to expect during menopause

The editorial unit
Read More

Nek brings Italian pop rock to the Shepherd’s Bush Empire

The editorial unit
Read More

Why Equity Linked Savings Schemes is a preferred tax saving?

The editorial unit
Read More

How the world’s top designers would rebrand political parties

The editorial unit
Read More

Royal baby furore: Proof that the British monarchy is still popular?

Eoin O’Sullivan-Harris
Read More

World Mental Health Day 2018: Raising awareness and combating stigma

The editorial unit
Read More

Seven political personalities you should know about

The editorial unit
Read More

Donald Trump: An enemy of the arts?

The editorial unit
Read More

Trump’s fortune: Where did the money come from?

The editorial unit
Read More
Scroll for more
Tap
  • Popular

  • Latest

  • TOP PICKS

  • I’m Your Man (Ich bin dein Mensch)
    ★★★★★
    Berlinale
  • The Girl and the Spider (Das Mädchen und die Spinne)
    ★★★★★
    Berlinale
  • Celebrate International Women’s Day with a Bombay Sapphire Cocktails & Create masterclass
    Food & Drinks
  • Kings of Leon – When You See Yourself
    ★★★★★
    Album review
  • Bicep at Saatchi Gallery Online
    ★★★★★
    Live music
  • A Brixton Tale
    ★★★★★
    Glasgow
  • Surge
    ★★★★★
    Glasgow
  • The Old Ways
    ★★★★★
    Glasgow
  • Women in film introduce favourite female-directed features for new BFI series on 8th March
    Cinema & Tv
  • WandaVision
    ★★★★★
    disney
  • WandaVision
    ★★★★★
    disney
  • Coming 2 America
    ★★★★★
    Movie review
  • Kings of Leon – When You See Yourself
    ★★★★★
    Album review
  • The Dissident
    ★★★★★
    Movie review
  • Short Vacation (Jong chak yeok)
    ★★★★★
    Berlinale
The Upcoming
Pages
  • Contact us
  • Join mailing list
  • Join us
  • Our London food map
  • Our writers
  • Support us
  • What, when, why

Copyright © 2011-2020 FL Media

Phone hacking inquiry: Brooks charged with perverting the course of justice
Spanish queen snubs jubilee lunch over Gibraltar