Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Wednesday, 20 January 2016

UK lowest unemployment in a decade

UK unemployment fell to 5.1 per cent from 5.8 per cent a year earlier to hit its lowest level since the Sugababes and the Arctic Monkeys were at number one in the charts in October 2005.

The number of people out of work fell by another 99,000, so the share of 16 to 64 year olds in work rose to its highest level since records began in 1971 at 74 per cent.

Employment increased by 267,000 for the quarter to its highest ever level at 31.39 million. 

Jolly good.