Unemployment falls AGAIN to lows not seen since 1975 as more and more Brits get back into work
But yet again wages are falling behind inflation - with average weekly earnings 0.4 per cent down on last year in real terms
UNEMPLOYMENT has fallen in Britain yet again as more people get back into work.
Official figures show that just 4.3 per cent were not in work, bringing the total people looking to 75,000 in the last three months.
Unemployment is now at the lowest for 42 years, and there's a whopping 32.14 million people in work.
The number of people in work is the highest since records began in 1971, and there's the highest levels of women working too.
Britain currently has the third highest employment rate in the G7.
And there are a near record 774,000 vacancies in the economy at the moment - good news for anyone looking for a new role.
But it's still bad news for hard-working Brits, who will continue to be squeezed as wages don't keep up with inflation.
Average weekly earnings were 0.4 per cent down on last year in real terms, as the 2.9 per cent inflation rate starts to bite.
Minister for Employment, Damian Hinds hailed the news this morning:"The strength of the economy is helping people of all ages find work, from someone starting their first job after leaving education, to those who might be starting a new career later in life.
“Britain’s employment success is largely about a growth in full-time and permanent work, as employers invest in Britain and offer quality job opportunities that put more money into people’s pockets."
And he admitted: “But there is more to do, and we will continue to build on our achievements through our employment programmes and the work of Jobcentre Plus.”
