{"id":79731,"date":"2017-03-15T09:48:00","date_gmt":"2017-03-15T09:48:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=6c61672edd7cd0a5fdb431554e6250e7"},"modified":"2017-03-15T11:51:45","modified_gmt":"2017-03-15T11:51:45","slug":"press-release-unemployment-rate-falls-to-lowest-since-2005","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=79731","title":{"rendered":"Press release: Unemployment rate falls to lowest since 2005"},"content":{"rendered":"<p><em>Updated:<\/em> Clarified the figures for people on Universal Credit.<\/p>\n<div class=\"govspeak\">\n<p>The Office for National Statistics (<abbr title=\"Office for National Statistics\">ONS<\/abbr>) has confirmed that employment continues to run at a record high rate of 74.6%, with 31.85 million people in work \u2013 an increase of 315,000 on the year and more than 2.8 million since 2010.<\/p>\n<p>The rise in employment continues to be driven by full-time work. Meanwhile, average weekly wages grew by 2.2% over the last year.<\/p>\n<figure class=\"image embedded\">\n<div class=\"img\"><img decoding=\"async\" alt=\"The unemployment rate has fallen to 4.7% \u2013 the lowest since 2005.\" src=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/image_data\/file\/62107\/lms-march-2017-unemployment-rate-4-point-7-per-centcent.png\"><\/div>\n<\/figure>\n<p>Minister for Employment, Damian Hinds said:<\/p>\n<blockquote>\n<p>I\u2019m delighted by another set of record-breaking figures showing more people in work than ever before and unemployment falling to its lowest in 12 years.<\/p>\n<p>Employment is up, wages are up and there are more people working full time. This is good news for hardworking families across the UK as we continue to build a country that works for everyone.<\/p>\n<p class=\"last-child\">But we have more to do, which is why we\u2019re pressing ahead with our welfare reforms to ensure that it always pays to be in work.<\/p>\n<\/blockquote>\n<p>Today\u2019s figures also show:<\/p>\n<ul>\n<li>there are 1.58 million unemployed people, 106,000 fewer than this time last year<\/li>\n<li>the proportion of 16 to 24 year olds who have left full-time education and are unemployed is 5.1%<\/li>\n<li>long-term unemployment is at 393,000 \u2013 the lowest since before the 2008 recession<\/li>\n<li>there are around 760,000 vacancies in the economy at any one time<\/li>\n<\/ul>\n<p>Separate figures out today show more than <a href=\"https:\/\/www.gov.uk\/government\/collections\/universal-credit-statistics\">one million claims have been made to Universal Credit<\/a>. Of the 470,000 people now on Universal Credit, nearly 40% are in work.<\/p>\n<div class=\"call-to-action\">\n<p>Read the <a rel=\"external\" href=\"http:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/uklabourmarket\/mar2017\">Labour Market Statistics \u2013 March 2017<\/a> from the Office for National Statistics.<\/p>\n<\/div>\n<h2 id=\"the-claimant-count\">The claimant count<\/h2>\n<p>Estimates of the claimant count are no longer included in the <abbr title=\"Office for National Statistics\">ONS<\/abbr> statistical bulletin as they may now be providing a misleading representation of the UK labour market. <abbr title=\"Office for National Statistics\">ONS<\/abbr> released a <a rel=\"external\" href=\"https:\/\/www.ons.gov.uk\/news\/statementsandletters\/publicationarrangementsfortheclaimantcount\">statement explaining the decision about the claimant count<\/a> on 23 February 2017.<\/p>\n<h2 id=\"contact-press-office\">Contact Press Office<\/h2>\n<p>Media enquiries for this press release \u2013 0203 267 5109<\/p>\n<div class=\"contact postal-address\" id=\"contact_827\">\n<div class=\"content\">\n<h3>Press Office<\/h3>\n<div class=\"vcard contact-inner\">\n<p class=\"adr\">\n<span class=\"street-address\">Caxton House<br \/>\n<br \/>\nTothill Street<\/span><br \/>\n<span class=\"locality\">London<\/span><br \/>\n<span class=\"postal-code\">SW1H 9NA<\/span>\n<\/p>\n<div class=\"email-url-number\">\n<p class=\"tel\">\n              <span class=\"type\">London Press Office (national media and London area enquiries only \u2013 not questions about personal claims)<\/span><br \/>\n              020 3267 5144\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">Out-of-hours (journalists only)<\/span><br \/>\n              076 59 108 883\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">England and Wales (local media enquiries)<\/span><br \/>\n              029 20 586 then 097 or 098 or 099\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">Scotland (local media enquiries)<\/span><br \/>\n              0131 310 1122\n            <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>Follow <abbr title=\"Department for Work and Pensions\">DWP<\/abbr> on:<\/p>\n<ul>\n<li>Twitter \u2013 <a rel=\"external\" href=\"http:\/\/www.twitter.com\/dwppressoffice\">www.twitter.com\/dwppressoffice<\/a>\n<\/li>\n<li>Facebook \u2013 <a rel=\"external\" href=\"http:\/\/www.facebook.com\/dwp\">www.facebook.com\/dwp<\/a>\n<\/li>\n<li>LinkedIn \u2013 <a rel=\"external\" href=\"http:\/\/www.linkedin.com\/company\/dwp\">www.linkedin.com\/company\/dwp<\/a>\n<\/li>\n<li>YouTube \u2013 <a rel=\"external\" href=\"http:\/\/www.youtube.com\/dwp\">www.youtube.com\/dwp<\/a>\n<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Official figures released today show that the unemployment rate has fallen to 4.7% \u2013 the lowest level in 12 years.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/79731"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79731"}],"version-history":[{"count":1,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/79731\/revisions"}],"predecessor-version":[{"id":79740,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/79731\/revisions\/79740"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}