The number of Brits out of work continues to decline, as just over 30 million people are now employed in the UK, new data reveals.
According to msn.com, figures from the Office for National Statistics show that more people are now in work since records began in 1971. Moreover, 459,000 more people are now employed in comparison to a year ago.
In the quarter to January, the number of people out of work fell by 63,000, meaning some 2.33 million Brits are currently unemployed. Statistics also seem to show that less people are having to put up with part-time work because they can’t find a full-time role. The amount of Brits working part-time declined by 32,000 over the last quarter. However, more full-time jobs need to be created, as 1.4 million people still work part-time.
Wages have also crept up by 1.4 per cent over the past year, although that figure drops to 1.3 per cent when bonuses are excluded, reports leftfootforward.org.
The unemployment rate remains at 7.2 per cent, a significant improvement from the same period last year, when the rate was at 7.8 per cent.
Employment minister Esther McVey says the figures show the UK is well on its way to recovery.
“The rise in employment is being fuelled by businesses and entrepreneurs across the country who are feeling increasingly confident with the improving economy,” she explains. “They should be congratulated for creating over 1.7 million private sector jobs since 2010 – that’s over 1,000 more people in private sector jobs every day.”