{"id":91909,"date":"2018-05-15T11:01:46","date_gmt":"2018-05-15T11:01:46","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=a4df3b24d8fec653d6cb2cebe152fb75"},"modified":"2018-05-15T11:01:46","modified_gmt":"2018-05-15T11:01:46","slug":"press-release-unemployment-rate-lowest-in-over-40-years","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=91909","title":{"rendered":"Press release: Unemployment rate lowest in over 40 years"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Today\u2019s figures also show the employment rate has remained at a record 75.6%, with 197,000 more people in work compared to October to December 2017.<\/p>\n<p>And with the number of black, Asian and minority ethnic (<abbr title=\"black, Asian and minority ethnic\">BAME<\/abbr>) people in work up 475,000 since 2015, the government is making rapid progress on its commitment to increase <abbr title=\"black, Asian and minority ethnic\">BAME<\/abbr> employment by 20% by 2020.<\/p>\n<figure class=\"image embedded\">\n<div class=\"img\"><img decoding=\"async\" src=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/image_data\/file\/74813\/LMS_0518_Record_Emp_Gov.png\" alt=\"The employment rate has reached a new record high of 75.6%. Source: Office for National Statistics, May 2018, stats relate to period January to March 2018.\"><\/div>\n<\/figure>\n<p>The Secretary of State for Work and Pensions, Esther McVey, said:<\/p>\n<blockquote>\n<p>Since 2010 we have seen more than 3.2 million people move into work right across the UK. Youth unemployment has fallen by over 40% and the unemployment rate has not been lower since 1975.<\/p>\n<p>Today\u2019s figures once again cement that turnaround, with a new employment rate record of 75.6%, and on average over 1,000 people each and every day, since 2010, getting a job.<\/p>\n<p class=\"last-child\">With wages growing faster than inflation and increases in the personal tax allowance, not only are more people bringing home a pay packet but they are keeping more of their hard earned money for themselves and their families.<\/p>\n<\/blockquote>\n<p>Figures also show:<\/p>\n<ul>\n<li>the <abbr title=\"black, Asian and minority ethnic\">BAME<\/abbr> employment gap has closed to just 10.1 percentage points, a decrease of 1.3 percentage points since 2015 and the lowest the gap has been since the series began in 2001<\/li>\n<li>the number of people in employment has increased by over 3.2 million since 2010<\/li>\n<li>there are 806,000 vacancies in the economy at any one time<\/li>\n<\/ul>\n<figure class=\"image embedded\">\n<div class=\"img\"><img decoding=\"async\" src=\"https:\/\/assets.publishing.service.gov.uk\/government\/uploads\/system\/uploads\/image_data\/file\/74814\/LMS_0518_Unemployment_Gov.png\" alt=\"The unemployment rate is at 4.2% - the joint lowest rate since 1975. Source: Office for National Statistics, May 2018, stats relate to period January to March 2018.\"><\/div>\n<\/figure>\n<p>This comes as we have reformed welfare to make work pay, backed businesses to take more people on, and built a stronger, fairer economy. But we want to help even more people benefit from a well-paid job. That\u2019s why we are:<\/p>\n<ul>\n<li>improving the welfare system with <a href=\"https:\/\/www.gov.uk\/universal-credit\">Universal Credit<\/a>, which helps people move into work faster and to stay in work longer than under the old system<\/li>\n<li>introducing a modern <a href=\"https:\/\/www.gov.uk\/government\/topical-events\/the-uks-industrial-strategy\">industrial strategy<\/a> to help businesses create better, higher-paying jobs in every part of the UK<\/li>\n<li>helping people stay in work longer with our <a href=\"https:\/\/www.gov.uk\/government\/publications\/fuller-working-lives-a-partnership-approach\">Fuller Working Lives strategy<\/a>, which supports employers to recruit, re-train and retain older workers<\/li>\n<li>tackling inequalities in employment highlighted by the <a href=\"https:\/\/www.gov.uk\/government\/publications\/race-disparity-audit\">Race Disparity Audit<\/a>, through targeted support in 20 areas around the country and \u00a390 million announced by the Prime Minister to help young people<\/li>\n<\/ul>\n<p>Also, the Department for Work and Pensions launched a new \u2018<a href=\"https:\/\/www.gov.uk\/jobsearch\">Find a job<\/a>\u2019 service this week to support thousands of jobseekers into work. The site will continue to allow jobseekers to search for work 24 hours a day, 7 days a week, and will offer jobseekers and employers a simpler and more streamlined way to log in and access their information.<\/p>\n<p>Separate figures out today showed that <a href=\"https:\/\/www.gov.uk\/government\/collections\/universal-credit-statistics\">870,000 people are now on Universal Credit<\/a> as the rollout of the new benefit continues. Of these, 36% were in employment (320,000). Through Universal Credit, people are keeping more of their earnings as their Universal Credit payment gradually adjusts when their income climbs.<\/p>\n<h2 id=\"more-information\">More information<\/h2>\n<div class=\"call-to-action\">\n<p>Read the <a rel=\"external\" href=\"http:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/uklabourmarket\/may2018\">Labour Market Statistics \u2013 May 2017<\/a> from the Office for National Statistics.<\/p>\n<\/div>\n<h2 id=\"contact-press-office\">Contact Press Office<\/h2>\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              07623 928 975\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=\"https:\/\/www.twitter.com\/dwppressoffice\">www.twitter.com\/dwppressoffice<\/a>\n<\/li>\n<li>Facebook \u2013 <a rel=\"external\" href=\"https:\/\/www.facebook.com\/dwp\">www.facebook.com\/dwp<\/a>\n<\/li>\n<li>LinkedIn \u2013 <a rel=\"external\" href=\"https:\/\/www.linkedin.com\/company\/dwp\">www.linkedin.com\/company\/dwp<\/a>\n<\/li>\n<li>YouTube \u2013 <a rel=\"external\" href=\"https:\/\/www.youtube.com\/dwp\">www.youtube.com\/dwp<\/a>\n<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The unemployment rate in Britain remains at a 40-year low, according to the latest figures from the Office for National Statistics.<\/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\/91909"}],"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=91909"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/91909\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}