Independent figures released today by the Office of National Statistics (ONS) show the number of people in work has risen again to a new record high and the unemployment rate has fallen again to an over forty year low. The figures show there are now a record number of women in work and record number of people in full-time jobs. Wages rose at their fastest rate for over a decade, up 3.5%.
- UK employment increased by 179,000 on the quarter and 457,000 on the year to a new record high of 32.72 million people
- Female employment increased by 142,000 on the quarter to a record high of 15.41 million
- The number of people working on a full-time basis increased by 138,000 to reach a record high of 24.15 million
- Youth unemployment fell again, down 19,000 on the quarter
- The unemployment rate decreased by 0.1% on the quarter to 3.9%, its lowest level since 1975
- Wages grew at 3.5%, the fastest rate since 2008
- The largest fall in unemployment over the last five years has been for people who were long-term unemployed – down 463,000 for those unemployed for over a year
Amber Rudd MP, Secretary of State for the Department of Work and Pensions, said:
“Under this Conservative government, more people than ever before have the security of a job, and with wages rising at their fastest rate for a decade, people’s pay can go further.
“It’s particularly pleasing to see there are now a record number of women in work and a record number of people with secure, full-time jobs.
“Since we came to government, unemployment has fallen in every region of the UK and over three quarters of new jobs have been created outside of London.
“Jeremy Corbyn’s Labour would put all this at risk. Only the Conservatives careful management of our economy can ensure more good jobs are created and people can get on in life.”