{"id":78079,"date":"2017-01-18T09:35:00","date_gmt":"2017-01-18T09:35:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=84816aeb3b97fc8972a7103688251c79"},"modified":"2017-01-18T09:35:00","modified_gmt":"2017-01-18T09:35:00","slug":"press-release-unemployment-rate-at-11-year-low","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=78079","title":{"rendered":"Press release: Unemployment rate at 11-year low"},"content":{"rendered":"
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The Office for National Statistics has confirmed that employment continues to run at a near-record high rate of 74.5%, with 31.8 million people in work \u2013 an increase of over 2.7 million since 2010.<\/p>\n

There are 294,000 more people in work compared to this time last year.<\/p>\n

The rise in employment continues to be driven by full-time work, which is up by 2 million since 2010. And long-term unemployment is the lowest it has been since 2008.<\/p>\n

Average wages excluding bonuses grew by 2.7% over the last year, as the claimant count remained at 2.3%, close to its lowest rate since 1975.<\/p>\n

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

Employment Minister, Damian Hinds, said:<\/p>\n

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We start the new year with another encouraging set of figures. Employment continues to run at a near-record high, unemployment remains at an 11-year low and both figures are stronger than this time last year \u2013 highlighting the strength and resilience of our labour market as we step up to the challenges of 2017.<\/p>\n

We have made real progress creating a strong economy and helping more people into work, and will do what is needed to continue that trajectory as we build a country that works for everyone.<\/p>\n<\/blockquote>\n

Today\u2019s figures also show:<\/p>\n