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THE BIGGEST ANNUAL FALL IN UNEMPLOYMENT - AND 5 OTHER THINGS YOU NEED TO KNOW ABOUT TODAY’S JOBS FIGURES
Over the last year unemployment is down by 538,000 – the biggest fall since records began.
New figures by the Office for National Statistics also show:
- More people in work than ever before, including a record number of women in work – since 2010, there are 1.7 million more people in work with the security of a pay packet
- Youth unemployment down by 253,000 over the last year – the largest annual fall since records began
- The biggest fall in unemployment over the last year in the G7 – Britain is outperforming all other major advanced economies
- 542,000 fewer people claiming Jobseeker’s Allowance – more people getting off benefits and into work
- 1.3 million of the jobs created have been full-time – that’s three-quarters of all new jobs
Our long-term economic plan is working – as these figures show – but there’s still a lot to do and there are risks in the global economy that could threaten Britain.