UK unemployment edges down from last quarter
UK UNEMPLOYMENT from March to May was 0.2 per cent lower than the previous quarter at 7.8 per cent, according to new data today from the Office for National Statistics.
2.51 million people were out of work, down 57,000 from December 2012 to February 2013.
The number of people claiming jobseeker’s allowance fell by 21,200 in June, against expectations of a fall of 8,000 following the previous month’s drop of 8,500.
Between March to May 2012 and March to May 2013 average earnings including bonuses rose by 1.7 per cent, exceeding analysts’ expectations of 1.4 per cent.