Good news everyone!
Jul. 16th, 2003 10:46 am| UK jobless total falls, it says here.
Just because it's nice to have some good news occasionally, and show that the people running the economy (insofar as you can run an economy) are doing a reasonable job:
Just because it's nice to have some good news occasionally, and show that the people running the economy (insofar as you can run an economy) are doing a reasonable job:
Data from the Office for National Statistics (ONS) showed the number of people out of work in the three months to May fell by 20,000 on the previous quarter to 1,474,000, bringing the unemployment rate down to 5%.
Average earnings increased by 3.4% in the three months to May, up from April's figure of 3.2%.
The data also showed that the number of jobs in the economy grew by 101,000 to a new record of 27.91 million people.
However, the ONS also showed the number of people out of work and claiming benefit rose by 1,700 last month to 952,000.