The UK is getting there it seems...
Reports the Beeb:
"The UK unemployment rate has dropped to 7.1%, close to the point at which the Bank of England has said it will consider raising interest rates.
The number of people out of work fell by 167,000 to 2.32 million in the three months to November, the Office for National Statistics (ONS) said.
The ONS also said the number of people claiming Jobseeker's Allowance fell by 24,000 to 1.25 million in December.
The Bank will consider increasing rates from 0.5% when unemployment hits 7%.
The fall of 167,000 was the biggest drop since the autumn of 1997. The number of 16-24 year olds out of work fell by 39,000 from the previous three-month period to 920,000.
The ONS figures also showed that the number of people in employment increased by 280,000 to reach 30.15 million."