Unemployment in the UK fell in the Last Three Months

The number of jobless people has fallen by 14, 000 and the number in work rose by 154,000.

Those who claimed Job-seeker’s Allowance in January are with 12,500 fewer than before.

The total number of employed people in the UK is 29.73 million only 27% of which are working part-time.

Researches showed that the unemployment rate was in the previous quarter 7.9% and now it is 7.8%.

Work and Pension Secretary lain Duncan Smith told BBC: “Economically inactive people who are not available for work, that’s now at the lowest level since the early Nineties”.

He told people to put themselves at the place of Frenchmen, Spaniards or Greeks and consider again if these nations do not want to be in the position in which the UK is now.

Talking about the payment ONS admitted “there continues to be a cut in the real value of pay”.

The answer of the, Labour’s shadow work and pensions Secretary Liam Byrne was that still more than five people were chasing every vacancy.

“Youth unemployment has risen yet again, back towards the million mark, the number of women out of work has gone up and long-term unemployment is still far too high.”

A year earlier, the weekly earnings excluding bonus payments and before taxes used to be £439 and in December 2012 they were £445.

John Philpott, director of the Jobs Economist, said that “The economy is producing the same amount of output with far more people – that is called falling productivity.”

The percent of unemployed people aged between 16 and 24 has risen from 20.5%, in the three months to November to 20.8%.

The chief executive at the Prince’s Trust, Martina Milburn, said she regretted that youth unemployment was back on the rise again.

“It’s now four years since the start of the recession and many young people have been left with nothing but a four-year gap on their CV.”

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