Wednesday February 8 2012

UK jobless rate falls to 2.46m


United Kingdom, 26th August: Unemployment in the UK has fallen to 2.46 million recording a remarkable fall by 49,000 in June as compared to April this year, the official figures have revealed.

This is being regarded as the biggest quarterly fall for the period of three years.

As per the ONS (Office for National Statistics), there has been an increase of 184,000 people getting jobs in the UK showing the largest increase since the year 1989.

Along with the increase in the number of people with jobs in the UK, there has been a decline in the number of claimants seeking jobless benefits. The figures reveal the total fall in the jobless claimants was by 3,800 which took the figures of total claimants to 1.46 m in the UK.

The employment scene in the UK is indeed sparkling up and this is being attributed to the increase in the part-time employees in the UK. The total number of those with part-time jobs in the UK is 115,000 which makes the total number of people having part-time jobs in the UK to 7.48 million, the ONS maintains. This is the highest number of part-time workers since the work of record keeping began way back in 1992.

Apart from the increase in the number of part-time workers in the UK, there also has been an increase in the number of those with full-time jobs in the UK which went up by 68,000 to touch the mark of 21.18 million. 

The present unemployment rate in the UK is currently 7.8 percent.

Barring a marginal rise in the unemployment in Scotland by 0.2 percent taking the current rate to 8.4 percent, the jobless rate in the UK is now down. Elsewhere in the UK, the jobless rate went down to 7.7 percent in England, registering a drop of 0.2 percent, while the jobless rate in Wales and Northern Ireland showed a decline of 0.3 percent and 0.2 percent taking the current jobless rate to 9 percent and 6.6 percent respectively. 

Men seem to be fairing better in terms of getting employment in the UK as compared to the women. There has been decline of 70,000 in the male jobless numbers in the three months till June end this year. Meanwhile, the number of females without jobs in the UK went up by 21,000 in the three months till June. 

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