Unemployment level in London falls to 354,000

Unemployment in London now stands at 354,000, or 8.1%. Youth unemployment (those aged 16-24) stands at 131,000, or 26.1%.

The overall figure is within touching distance of the level which will be used to decide whether interest rates will increase Credit: Press Association

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Unemployment level in London falls to 354,000

The overall figure is within touching distance of the level which will be used to decide whether interest rates will increase.