{"id":45086,"date":"2014-07-16T08:39:00","date_gmt":"2014-07-16T08:39:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=2a8e97d1f9a8af67b59f54aac08b9469"},"modified":"2014-07-16T08:39:00","modified_gmt":"2014-07-16T08:39:00","slug":"press-release-employment-rate-matches-record-high","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=45086","title":{"rendered":"Press release: Employment rate matches record high"},"content":{"rendered":"
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The record-breaking annual rise in employment of 929,000 sees the employment rate rising to 73.1%, equal to the record high in 2005. There are now 30.6 million people in work, 1.8 million more than in 2010, showing that the government\u2019s long-term plan is helping to create jobs as the economy grows following the deepest recession since the 1930s. The number of women in work also reached a new record of 14.2 million, with the female employment rate now at 68.1%. <\/p>\n

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\"Employment<\/div>\n<\/figure>\n

Unemployment also saw the biggest annual fall for nearly 2 decades, dropping by 383,000. The unemployment rate fell further to 6.5%, the lowest since the end of 2008. Schemes such as the government\u2019s Work Programme have also contributed to the biggest fall in long-term unemployment since 1998, down by 166,000 on the year.<\/p>\n

Minister for Employment Esther McVey said:<\/p>\n

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An important milestone has been reached in our country\u2019s recovery. With one of the highest employment rates ever, it\u2019s clear that the government\u2019s long-term economic plan to help businesses create jobs and get people working again is the right one.<\/p>\n

With an employment rate which has never been higher, record women in work and more young people in jobs, the resilience of the country during the downturn is being rewarded. We know there is more to do, and the best way to do so is to go on delivering a plan that\u2019s creating growth and jobs.<\/p>\n<\/blockquote>\n

The number of unemployed young people saw the largest annual fall since the late 1980s, down 141,000. Youth unemployment has been falling now for 10 months, with the number of young people on Jobseeker\u2019s Allowance falling for 31 months, down 133,700 on the year. Youth unemployment is now 127,000 lower than in 2010.<\/p>\n

Since 2010 over two-thirds of the rise in employment has been in higher skilled occupations, generally commanding a higher wage. The UK\u2019s unemployment rate is also lower than the Netherlands, Sweden, France, Italy, Spain and the EU<\/abbr> average.<\/p>\n

The number of people claiming Jobseeker\u2019s Allowance fell again, down 36,300 on the month, and down 418,900 on the year. Long-term JSA<\/abbr> claims fell by 111,000 compared to last year, the largest annual fall since 1998. There are nearly half a million fewer people claiming JSA<\/abbr> than in 2010.<\/p>\n

Job vacancies rose again, up 117,000 over the past year bringing the number of vacancies in the UK economy to 648,000.<\/p>\n

Background to labour market statistics: July 2014<\/h2>\n

This month\u2019s Labour Force Survey covers March 2014 to May 2014. The claimant count is for June 2014 and the vacancy count for April 2014 to June 2014. <\/p>\n

The number of people in work rose this quarter<\/h3>\n