Unemployment defies odds and falls by 51,000
The jobs market continues to prosper against the background of a double-dip recession as official figures highlighted a rise in the creation of jobs in the three months to April.
Figures from the Office for National Statistics (ONS) suggest that unemployment fell by 51,000, taking the national jobless rate down to a mere 8.2 per cent. Furthermore, there was a drop in youth unemployment to 29,000, reports freshbusinessthinking.com.
Furthermore, the rise has been equally driven by full-time and part-time jobs, with the number of full-time workers increasing by 82,000.
This should please jobseekers and recruiters alike as it highlights the light at the end of the tunnel for those on the hunt for jobs in London, for example, while recruiters are also seeing open vacancies filled by job hunters.
In terms of salaries, average earning increased by 1.4 per cent in the year to April – up by 0.5 percentage points on the previous month.
David Kern, chief economist at the British Chambers of Commerce, commented on the statistics on independent.co.uk: “This is encouraging news at a crucial time for the UK economy. Overall, these figures show a flexible and robust job market. This proves that the private sector is willing and able to create new jobs.”